ATO faces close to $50B tax shortfall
The Australian Taxation Office faces a $49.8 billion shortfall as uncollectable small business debts rise.

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The Australian Taxation Office faces a $49.8 billion shortfall as uncollectable small business debts rise.
Aura (NASDAQ:AUGO) reported preliminary second-quarter 2026 production of 75,437 gold equivalent ounces (GEO), representing an 8% decline from the first quarter and an 18% increase compared with the same period in 2025.
BitFuFu (NASDAQ:FUFU) produced 125 Bitcoin in June 2026 through its self-mining and cloud mining operations, while total hashrate under management declined to 15.3 EH/s from 19.5 EH/s in May.
Perfect Corp (NYSE:PERF) entered into a merger agreement with ProjectNY, a company controlled by Chairwoman Alice H. Chang, that will result in Perfect becoming privately held at a cash consideration of US$2 per ordinary share.
EasyJet agreed in principle to Apollo Global Management’s (NYSE:APO) £7.15 per share cash offer, valuing the airline at about £5.7 billion, after the board determined it was a higher proposal than Castlelake’s £6.90 per share offer.
Charles Hoskinson has denied rumours that he is retiring from Cardano (CRYPTO:ADA), calling the claims completely false.
More than half of surveyed investors bought STRC or SATA after the preferred shares fell below their US$100 par value during June.
Broadcast media platform GTN (ASX:GTN) issued a market clarification on July 10 regarding its commercial structures.
Peregrine Gold (ASX:PGD) discovered gold-bearing palaeo gravels mapped over a three to four-kilometre range at its Newman Project.
AVAX One regained compliance with Nasdaq's minimum US$1.00 share price rule after its stock closed above the threshold for 10 consecutive trading days.
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