Tax Office

A string of companies involved in the building industry have collapsed into liquidation with cumulative debts of more than $45 million. A news.com.au investigation has found that 11 companies that appear to be linked to a cabinet…

All employees at a Sydney joinery and manufacturing business heavily involved in corporate and commercial construction have lost their jobs and the firm has ceased to trade. On Friday morning, 30 cabinet makers rocked up to the Wetherill…

A politician is calling for an “immediate” investigation into Miss Universe Australia’s parents after it emerged that their failed businesses owe up to $45 million to creditors. News.com.au revealed last week that members of the public have…

Customers of a collapsed building firm have been left fuming after airing out their concerns to the master franchisor months ago but being turned away. Last Friday, news.com.au reported that Western Australia-based RPH Australia Pty Ltd…

Australia’s banks have unveiled a new weapon to help them stop money being sent to scammers in “near real-time”.The Australian Banking Association announced the new Fraud Reporting Exchange (FRX) platform on Tuesday, which will allow…

More Aussie businesses are collapsing now than before the pandemic as “zombie companies” are flushed out of the system — and experts warn it will “get worse before it gets better” as consumers tighten their belts.The latest insolvency…

If you are Australian, there’s no pretending that there isn’t a bit of bogan in you. I’d argue there’s a little bit of bogan in all of us. I feel I’m pretty well versed to talk on the subject of being a bogan. I grew up on the south coast…

A national restaurant chain has quietly collapsed amid an investigation into the company over breaches of the Fair Work Act and mounting tax debts. In the past month, multiple businesses which were part of the popular restaurant chain Sushi…

The man who blew the whistle on “intimidating” debt collection tactics by the Australian Taxation Office is not protected from criminal action because he failed to disclose crucial evidence at the right time, a court has ruled. On Monday,…

Australians who still work from home are getting a new way to claim their tax deductions that should take some of the headache out of the process.The Australian Taxation Office has introduced a more streamlined “fixed rate method” that…