Story perspectives

Tax Office Refers 355K Debtors Amid Controversial Practices

1/19/2026

Summary

Story summary

The Australian Taxation Office referred over 355,000 taxpayers to Recoveriescorp, a private debt collector, between January 2024 and October 2025.
Recoveriescorp has secured contracts worth millions from the Australian Taxation Office.
The company reported over $100 million in revenue for 2025 but posted losses due to high consulting fees and interest repayments.
Mark Zirnsak of Tax Justice Network Australia questioned Recoveriescorp's financial practices, likening them to a not-for-profit.

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Story summary

The Australian Taxation Office referred over 355,000 taxpayers to Recoveriescorp, a private debt collector, between January 2024 and October 2025.
Recoveriescorp has secured contracts worth millions from the Australian Taxation Office.
The company reported over $100 million in revenue for 2025 but posted losses due to high consulting fees and interest repayments.
Mark Zirnsak of Tax Justice Network Australia questioned Recoveriescorp's financial practices, likening them to a not-for-profit.