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Couple who enjoyed $14m Sydney mansion accused of tax-dodging scheme

David Marin-Guzman
David Marin-GuzmanWorkplace correspondent

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A husband and wife associated with a Sydney formwork subcontractor, and who once owned a $14 million trophy home, are facing allegations they were part of a scheme that scammed creditors and the tax office of millions of dollars.

Eastside Formwork liquidators are suing Dane and Connie Stojic for almost $9 million, including more than $6.5 million owed to the Australian Taxation Office, after accusing them of insolvent trading, uncommercial payments and breaching director duties.

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correction

Editor’s Note: A previous version of this article said that Connie Stojic “bought luxury coastal homes, including a five-bedroom, five-bathroom house in Maroubra with a six-car garage, gym, swimming pool, cinema and ocean views”. This was incorrect. When Ms Stojic purchased the Maroubra property in 2013 for $2.3 million it did not have five bedrooms, five bathrooms, a six-car garage, gym, swimming pool or cinema. The amenities were constructed over time as part of a rebuild.

David Marin-Guzman writes about industrial relations, workplace, policy and leadership from Sydney. Connect with David on Twitter. Email David at david.marin-guzman@afr.com

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