The ANAOs audit of illegal phoenix activity, examined the effectiveness of the Phoenix Taskforce in combating illegal phoenix activity since its inception in 2014, focusing on governance, strategies, processes and performance measurement.
The annual direct impact of illegal phoenix activity is estimated to cost the Australian community between $2.85billion and $5.13billion.
The ANAOs report found that while the taskforce is making progress, its compliance and enforcement operations are at relatively early stages and have not yet demonstrated major results.
It has made three recommendations that focus on improving the evaluation of the taskforces performance, how it uses previous lessons for future operations, and better guidance regard…
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