Phoenix Taskforce News Today

Natural language AI models have helped the ATO find hundreds of millions of liabilities and pinpoint organisations that may not be paying employees enough super.

The ATOs Tax Avoidance Taskforce helped generate an additional $7.6 billion in revenue during the 2022-23 financial year.

The Grattan Institute says up to 16 per cent of recent migrants are paid less than the minimum wage and is calling for bigger fines for employers who underpay workers.

Phoenix activity and improper behaviour involving multiple company failures results in five year disqualifications for two directors.   ASIC has disqualified two former – unrelated – directors fo

Between them the two were involved in seven failed companies and the one involved in phoenix activity gets maximum ban. ASIC has disqualified two unrelated directors with a combined total of seven fa

Maximum ban for NSW man involved with three failed companies.   more to come

He was supposed to follow his dad into the fire brigade, but police work got in the way. Then in 2009, flames crossed his path again.

David Michael Scofield, of Applecross WA, has been disqualified from managing corporations for the maximum period of five years for his involvement in

Between 1 July 2020 to 30 June 2021, ASIC and the ATO conducted 21 joint engagement consultations with directors of selected companies. These

ASIC and the ATO have successfully engaged with 21 directors across the 2020-21 financial year as part of ASIC’s Phoenix Surveillance Campaign.