Breaking: Seven Hobart bars to close, be put up for sale
Seven Hobart bars, including the Observatory Bar, will close as their owner enters voluntary administration due to rising costs and changing consumer behavior. Corporate finance firm Apex Advisory is leading the sale process of the venues, which employ over 80 workers. Administrators aim to preserve business value and protect jobs while seeking new ownership.
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Published 06 Jul 2026, 00:31 UTC · Updated 06 Jul 2026, 00:40 UTC
Summary by OZbrief Editorial. Original report: ABC News – Australia. Editorial policy · Corrections
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