Rubik3 founder and director Guy Earnshaw: the business remained sound and operating. Photo: Region.
Rubik3 founder and director Guy Earnshaw has moved to quash reports that the award-winning consulting and recruitment business he founded has gone bust.
Mr Earnshaw said the business had been restructured in March to June 2022 to streamline its work, including government contracts worth around $30 million.
He says a federal government client fell victim to cyber fraud and misdirected funds to an incorrect bank account in February 2022.
Mr Earnshaw said the Tax Office issued a tax debt in September 2023 and extended some leniency to the company while legal action was taken to recover the outstanding funds, some of which had been recovered.
But earlier this year, the ATO demanded the tax debt be paid in full.
The Tax Office’s tough stance meant Rubik3 could no longer trade and he said he had no choice but to put the company into administration. The government contracts in question were purchased by his previously established entities Really Awesome People and Rubik3 Indigenous.
Rubik3 is now in liquidation after notice was given on 7 March for the company to be wound up. Aaron Torline from Slaven Torline was appointed…
