Australia is in the middle of a tidal wave of insolvencies as firms fail to cope with a ‘cost-of-doing-business crisis’
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Joe Rechichi, the chief executive at Cucina Hospitality Group, has been in business for four decades but says nothing compares with what he has experienced over the past few years, not least because of the immense day-to-day uncertainty.
“I call it BC and AC – Before Covid and After Covid,” says Rechichi, who oversees three Andiamo Trattoria restaurant venues across Sydney’s inner west.