Senate debates
Thursday, 1 December 2016
Committees
Economics References Committee; Reference
12:18 pm
James McGrath (Queensland, Liberal National Party, Assistant Minister to the Prime Minister) Share this | Hansard source
The government treats the issue of the non-payment or underpayment of the super guarantee very seriously. Employees require and have an expectation that employers will meet their legal obligations. The government continues to work with the ATO to protect employees from being ripped off, including targeting illegal phoenixing. This is being done through the Serious Financial Crime Taskforce and the Phoenix Taskforce to prevent the practice of deliberately liquidating a company to avoid paying creditors, including employee entitlements. The Inspector-General of Taxation is also working on a project reviewing the ATO's employer-obligation-compliance activities.
Question agreed to.
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