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Construction on a $300 million government and commercial office and hotel precinct next to the ACT Legislative Assembly will begin next January.

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Hotels and healthcare showed the best returns for 2016 with 19.5 per cent and 18.2 per cent total returns, according to the latest MSCI index launched on Thursday.

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Star Ratings Australia has announced it will cease to operate as of 30 June, 2017.

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Deloitte’s Tourism and Hotel Market Outlook provides insight and analysis of the trends and issues confronting the Australian tourism and hotel sectors.

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Sunday and public holiday penalty rates will be reduced for full-time and part-time workers in the hospitality, retail and fast-food industries, the Fair Work Commission has ruled.

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