🇦🇺Australia

E-Waste Disposal Non-Compliance

2 verified sources

Definition

Procurement services include disposal, but manual processes skip certification.

Key Findings

  • Financial Impact: AUD 15,000+ per offence under EPA penalties
  • Frequency: Per incident during hardware refresh cycles
  • Root Cause: No chain-of-custody records from procurement to certified wipe/disposal

Why This Matters

The Pitch: IT firms in Australia 🇦🇺 pay AUD 15,000 fines for improper hardware disposal. Automated asset lifecycle tracking ensures compliance.

Affected Stakeholders

IT Manager, Procurement, Compliance Officer

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.

Evidence Sources:

Related Business Risks

GST Non-Compliance Fines

AUD 222 minimum fine per late BAS + 5% p.a. GIC; up to AUD 26,640 for repeat offences

Superannuation Guarantee Shortfalls

AUD 20 base SG charge per week late per employee + super amount + interest

Inventory Shrinkage Losses

1-5% of annual inventory value (industry avg 2% = AUD 20,000+ for AUD 1M procurement)

Payroll Tax Threshold Breaches

4.75-6.85% on wages over state threshold (e.g., AUD 1M payroll = AUD 50k+ tax)

ATO Audit Failures from Poor Asset Documentation

AUD 20,000+ penalty per audit failure; 20-40 hours per manual reconciliation

Manual Inventory Reconciliation Delays

40 hours/year per facility; AUD 2,000+ labour cost at AUD 50/hour

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