🇦🇺Australia
STP Reporting Errors from Onboarding Gaps
1 verified sources
Definition
Inaccurate employee data from rushed or manual eligibility checks triggers STP non-compliance.
Key Findings
- Financial Impact: AUD 222 per STP failure + AUD 5,500 amendment fees
- Frequency: Quarterly BAS/STP lodgements
- Root Cause: Incomplete right-to-work data at onboarding
Why This Matters
The Pitch: HR Services in Australia 🇦🇺 face AUD 222 base fine + amendments costs per STP error. Automated verification ensures first-time accuracy.
Affected Stakeholders
Payroll Teams, HR Directors
Deep Analysis (Premium)
Financial Impact
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Current Workarounds
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Methodology & Sources
Data collected via OSINT from regulatory filings, industry audits, and verified case studies.
Related Business Risks
Fair Work Act Employment Verification Fines
AUD 33,000 - 66,000 per breach (up to AUD 93,000 for repeat offences)
Manual Right-to-Work Check Delays
20-40 hours/month manual verification; AUD 2,000+ in delayed super payments per delayed hire
Fair Work Act Verification Penalties
AUD 33,000 - 66,000 per serious breach (up to 300 penalty units)
Superannuation Verification Fines
200% SGC on shortfall amount + interest (e.g., AUD 5,750 charge on AUD 2,500 shortfall)
Delayed Onboarding DSO Impact
AUD 250-500/day lost revenue per delayed placement (2-4 week delays)
Bad Hire Verification Failures
1.5-2x annual salary per bad hire (AUD 20,000-50,000 for avg roles)
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