ATO chases small businesses for $34b in debt, insolvencies tipped to hit post GFC levels – ABC News

The tax office is chasing more than $34 billion worth of debts owed by small businesses and self-employed Australians that were put on hold during COVID, and sometimes using aggressive enforcement action to collect the money, which experts say is sending some businesses to the wall.  Some experts are predicting that the rate of insolvencies…

Canberra day spa Adytum goes bust, leaving workers and customers in the lurch with unpaid wages and unusable gift vouchers – ABC News

In short: A Canberra day spa has gone into liquidation with staff saying they were blindsided by the business bust. Adytum workers claim they are owed wages while customers in possession of gift vouchers have been left out of pocket.  What’s next? Access Canberra recommends voucher holders apply as creditors with the liquidators, in a bid to get…