PwC’s “overly collegial culture” allowed it to overlook unethical behaviour
A review into PwC by former Telstra boss Ziggy Switkowski found multiple shortcomings in the company arising from poor practices that went unreported for years.
“Not a victimless crime”: Mildura man jailed for seven years over ATO TikTok GST scam
A Mildura man who received $837,000 from the Australian Taxation Office (ATO) using 'TikTok GST scam' has been sentenced to 7.5 years of jail time.
ACMA and Australia Post warn Aussies about Father’s Day parcel delivery scams
ACMA and Australia Post have warned consumers to be on the lookout for dodgy parcel delivery SMS and email messages this Father's Day.
ATO issues fresh scam warning as fake myGov SMS and email trick taxpayers
Scammers are inundating targets with fake messages asking them to provide their myGov details, the Australian Taxation Office has revealed, while urging taxpayers to remail vigilant when completing their tax returns.
A timeline of the $4.6 billion TikTok GST scam plaguing the ATO
The GST scam that went viral on TikTok continues to get worse as the ATO admits that it had to payout double what it initially reported.
Clamping down on “scamdemic”: Government’s new squad to target online fraudsters
Investment cons are responsible for around half of the $1 billion in total scam losses suffered by Australians each year.
“Strangely unsophisticated”: Coles executive caught stealing $1.9 million
Former Coles Online executive Aaron Baslangic, who stole $1.9 million from the retailer, has pleaded guilty to deception.
PwC internal inquiry under fire as government plans stricter review on the use of consulting firms
A company director will review the culture of embattled accounting firm PwC as the federal government works out how to deal with the consequences of the tax leak scandal.
Businesses lost $23 million to scams in 2022, as false invoices hit SMEs hard
Australian businesses reported an astonishing $23.2 million in scam losses across 2022, with new data from the ACCC showing small firms are persistently vulnerable to email compromise and false billing scams.
Just 1% of Australian businesses have signed up for eInvoicing. Now, the ATO is set to double down on the time-saving scheme
Two years after launch, the eInvoicing system had only reached 25,000 of Australia's estimated 2.5 million businesses.
Accountants optimistic after “critical” meeting with ATO over small business tax agent overhaul
Professional accounting groups are optimistic the ATO will continue to refine its new tax agent-linking system, after industry representatives said its six-step registration process could pose a significant challenge to small business clients.
Why FTX won’t be the only corporate fraud exposed during this market downturn
There are few fraud victims while markets are green, but during a global economic downturn, misdeeds and subterfuge rise to the surface.