According to a report from trade association Restaurant & Catering Australia, increasing operating costs and static menu pricing driven by fierce competition have left Australian restaurateurs with profit margins below 1%.
Restaurant 't Jagthuijs
Despite ending 2002 with the highest monthly turnover on record at Aus$964m (£365m), Australian restaurateurs are making little profit.
According to a report from trade association Restaurant & Catering Australia, increasing operating costs and static menu pricing driven by fierce competition have left Australian restaurateurs with profit margins below 1%.
Restaurant 't Jagthuijs
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