Regulation

Regulation

Fraudster behind ‘ruinous’ $521k SMSF swindle gets 4 years’ jail

Mudasir Mohammed Naseeruddin took advantage of vulnerable investors over five years through a “chaotic” and “ruinous”...

22 December 2023 • By Christine Chen

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Regulation

St Vincent’s back pays staff $4.4m after ‘payroll errors’

The health business self-reported to the FWO after discovering underpayments to around 2,700 staff.

20 December 2023 • By Philip King

Regulation

AusPost to refund $2.9m for lost, damaged parcels

The national mail carrier and its subsidiary StarTrack committed “extremely concerning” breaches of consumer...

19 December 2023 • By Christine Chen

Regulation

Two men get 8 years’ jail for $40m gold bullion fraud

An ATO-led investigation uncovered false claims for GST credits in a gold recycling scheme.

19 December 2023 • By Philip King

Regulation

Bank watchdog slams 40% rise in hardship safeguard breaches

The “alarming” surge in banks failing to support customers facing financial difficulties erodes trust and confidence...

18 December 2023 • By Christine Chen

Regulation

Sydney cafe fined $124k for underpaying casuals

The court said “substantial” penalties were necessary after the brother and sister duo “deliberately” underpaid staff...

18 December 2023 • By Christine Chen

Regulation

‘Brazen’ unregistered tax preparer fined $230k, banned for life

Perth woman broke the TASA on more than 500 occasions and exposed clients to unpaid taxes and penalties.

13 December 2023 • By Philip King

Regulation

Cairns woman gets 3 years’ jail for $283k GST fraud

Deborah Martin pleaded guilty to filing fraudulent BAS in the latest win for the ATO’s Operation Protego.

12 December 2023 • By Philip King