-->

CreditorWatch Blog

Stay ahead of costly phoenix activity

Stay ahead of costly phoenix activity

Prevent being affected by phoenix activity The federal government has recently introduced a “new” hotline for anyone to report businesses that they believe are undertaking phoenix activity. This comes as a 2018 report from PricewaterhouseCoopers, funded by the government, revealed that the estimated annual cost of phoenix activity was now $5.13 billion dollars. In 2012, […]

Read More

Surprise visits crack down on phoenix businesses

Surprise visits crack down on phoenix businesses

The Australian Taxation Office (ATO) has sprung surprise visits on business and residential sites across Sydney in an effort to tackle widespread phoenix activity. The last two days saw the ATO, the National Anti-Gangs Squad, and the NSW Police Gangs Squad Strike Force Raptor and Middle Eastern Organised Crime Squad, conducting access stopovers without notice; […]

Read More