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The Latest Breaking News from ATO

Western United set to receive financial lifeline

Western United are set to receive the funds needed to pay off their tax debt and avoid liquidation, keeping their hopes of returning to the A-Leagues alive.

AAP

Is NiSource Stock Underperforming the S&P 500?

While NiSource has underperformed relative to the S&P 500 Index on a YTD basis, analysts are bullish about the stock’s prospects.

Barchart

The ATO is meant to be bringing work back in-house. But its target to cut consultants is ‘woefully inadequate’

Figure revealed this week was so low the Australian Services Union asked if it was a typographical error

The Guardian - AU

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How Is Atmos Energy’s Stock Performance Compared to Other Utility Stocks?

Atmos Energy is outperforming the utility sector, yet analysts remain cautious about its near-term prospects.

Barchart

A-Leagues club given fresh hope in legal bid to survive

Western United has been given a new deadline to pay its $15.5 million tax bill as the A-Leagues club scraps to survive.

AAP

‘It feels as if I’m working for the ATO – except for the pay’: test case could put brakes on tax office outsourcing

Fair Work Commission case involving ATO could influence viability of many outsourced government service arrangements, expert says

The Guardian - AU

ATO’s revamped ‘robotax’ scheme targets $5.3bn in on-hold debts – some that have been invisible for years

Exclusive: New program is designed to raise $5.3bn from 325,000 taxpayers, with some debts dating back to 2017, documents show

The Guardian - AU

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Worker at Australian Taxation Office call centre takes court action demanding ‘same job, same pay’

Fair Work Commission application comes amid scrutiny of ATO’s use of for-profit call centres

The Guardian - AU

Morning Mail: The unanswered Dezi Freeman questions; anger at ATO’s outsourced call centres; Europe’s radical Ukraine peace plan

Dezi Freeman as not been located after vanishing; complaints rise over outsourced ATO call centres; Trump claims Kyiv has ‘zero gratitude’

The Guardian - AU

‘The whole thing stinks’: outsourced ATO call centre workers shocked by conditions as callers complain about inexperienced staff

Chartered Accountants Australia and New Zealand also say the ATO’s ‘phone system just doesn’t work’

The Guardian - AU

What Are Wall Street Analysts' Target Price for Atmos Energy Stock?

Atmos Energy has outperformed the broader market over the past year, yet analysts maintain a cautious view of the company’s forward prospects.

Barchart

‘Set up to fail’: ATO outsourcing to private call centres focused on boosting profit not helping Australians

Consumer advocates raise significant concerns as union says contractors use lower-paid staff to boost profit

The Guardian - AU

Morning Mail: ATO’s $42m debt collector contracts; teacher shortages bite; inside the nitazenes threat

ATO reliance on private debt collector revealed; remote and disadvantaged schools suffering teacher shortages; death toll rising from nitazenes drug use

The Guardian - AU

ATO is paying private debt collector $42m to pursue taxpayers, including welfare recipients

Exclusive: The tax office’s increased reliance on Recoveriescorp has coincided with a spike in complaints to the watchdog

The Guardian - AU

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Pedestrian.tv

ATO Issues Warning As New Data Shows Over 7 Million Aussies Have Lost Or Unclaimed Super

The ATO said the average amount of unclaimed super per Australian stands at $2590, but this could grow to tens of thousands of dollars.

The Guardian - AU

ATO rebuked by tax watchdog for using debt collectors on people ‘doing the right thing’

Inspector general of taxation and ombudsman says she is receiving an ‘increasing number’ of complaints about tax office

The Guardian - AU

Morning Mail: ATO’s private debt collector, questions over Pine Gap’s role in Gaza war, Louvre heist suspects arrested

More than 355,000 taxpayers referred to debt collector by ATO; Australia’s complicity in Gaza war scrutinized; French police arrest two men after Louvre theft

The Guardian - AU

ATO refers hundreds of thousands of taxpayers to a private debt collector – including people on Centrelink benefits

Suzanne is one of more than 355,000 people the tax office has referred to the private equity-backed debt collector, Recoveriescorp, since January 2024

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Barchart

Here's What to Expect From Atmos Energy's Next Earnings Report

Atmos Energy is expected to announce its fiscal fourth-quarter earnings next month, and analysts project a low double-digit earnings growth.

Barchart

5 Dividend Aristocrats Proving That Reliability Still Pays in 2025

These five companies offer stability in terms of growth and income.

The Guardian - AU

Australians took more than $1.4bn from their super last year for everything from weight loss to dental work

Watchdog warns some business and practitioners are taking advantage of the compassionate release of superannuation process

AAP

Super payout warning over cosmetic medical treatments

Business models promoting early super draw-downs for expensive or unnecessary medical treatments need to be stamped out, the tax office says.

AAP

Accountants, ombudsman lash tax office service

The ATO has declined a Tax Ombudsman suggestion to re-route calls from accountants to experienced staff as pressures mount between tax agents and the agency.

Pedestrian.tv

The ATO Is Rolling Out The 20% HECS-HELP Debt Cuts: Here’s What You Need To Know

The HECS hex has lifted! Well, kinda.

The Guardian - AU

If we want a better, more equal society, we need more tax. But more tax only works if big business pays their fair share

Trust in both the tax and political system will falter if people feel they are being punished for not paying tax while large companies legally get away with paying nothing

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