The Perth-headquartered company, Telco Services Australia, generated more than $185m in revenue in 2024-25 but reported no taxable income, new financial documents show.
The year before, it reported $130m in income and also paid zero tax.
The two-year reporting period coincides with the company’s multi-year $90m-plus contract to run call centre operations for Services Australia, the agency responsible for social security.
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It’s infuriating that our government keeps outsourcing its responsibilities to these inept cheating companies.