Seven of Hobart’s most well-known bars and restaurants have closed their doors without warning, as the hospitality group managing them collapsed into voluntary administration, citing rising costs and changing consumer behaviour.
The Pub Banc Group operates Cargo Bar, Jack Greene, Post Street Social, Observatory Bar, Republic Bar, Franklin Wharf Restaurant and Bar and the Franklin Wharf Function Centre.
Post Street Social is one of seven well-known Hobart venues which will close immediately, as administrators look to sell the business. Pub Banc Group
The venues, which include six waterfront bars along Salamanca Place and Franklin Wharf in Hobart’s CBD, employed more than 80 staff in total.
It’s understood staff were only informed on…