by admin | May 1, 2019 | News & Analysis
Liquidators have failed to track down the man behind an SA construction company (GNC Homes). He is being investigated for alleged insurance fraud and owes creditors nearly $3 million. Many of these creditors continue to suffer the personal and financial consequences...
by admin | Apr 30, 2019 | News & Analysis
The ATO will now use third party data and matching programs to track cryptocurrency, that has been used to move funds within the black economy and hide money offshore. It will also track those who should be paying taxes for capital gains....
by admin | Apr 30, 2019 | News & Analysis
The City of Darwin has decided to implement facial recognition software and other monitoring solutions, in order to detect criminal access to unauthorised areas or alert them of criminal behaviour. It will be scanning all faces, which could result in privacy and data...
by admin | Apr 29, 2019 | News & Analysis
Australians lost at least $6.1 million to cryptocurrency-based scams last year. This is a 190 per cent increase over the $2.1 million reported in 2017, making cryptocurrency-based scams the second highest unusual payment method for losses....
by admin | Apr 29, 2019 | News & Analysis
Closer loan scrutiny and lending conditions resulting from the Hayne Royal commission, may mean lengthy loan processing delays, causing concern that borrowers may move to the less regulated “shadow” banking sector....
