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7 September 2026

$3.2 billion lost: ABNs are being used to underpay migrant workers — time for an urgent fix

By From the Editor — Downunder Voices

$3.2 billion lost: ABNs are being used to underpay migrant workers — time for an urgent fix

Recent reporting shows employers are increasingly using Australian Business Numbers (ABNs) to misclassify and short-change workers, costing a cohort of employees about $3.2 billion a year. Many bosses are perpetrating underpayment through 11‑digit ABNs, exposing cracks in enforcement and labour protections.

Downunder Voices perspective

Why this matters

Local communities rely on fair workplaces. When migrant workers are underpaid through ABN misclassification it not only harms those individuals and their families, it also corrodes wages and conditions for everyone in sectors that depend on migrant labour. Ordinary Australians should care because wage theft distorts competition, pressures services and undermines social cohesion.

About this report

This article contains independently written commentary and community perspective from Downunder Voices.

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8 October 2026

Datacentre company Firmus’s high flying valuation may be coming back down to earth ahead of expected ASX debut

Sources say Firmus is slashing its price and may even shelve initial public offering altogether The momentum behind Firmus Technologies’ high-flying valuation is showing severe cracks just weeks out from its anticipated ASX debut. Multiple sources briefed on the matter told Guardian Australia the AI datacentre company is slashing its valuation to entice sceptical investors – or may even shelve its initial public offering altogether. Jonathan Barrett is Guardian Australia’s business editor.

Source: The Guardian WorldOriginal source