Staff working for embattled developer Virtical and the popular pubs and hotels it operates have complained to the Tax Office they are owed thousands of dollars in superannuation that has not been paid for the entire year.
Many current and former employees at Virtical, which operates Sydney’s Republic Hotel, Melbourne’s Adelphi Hotel and Hotel Australasia in Eden on the NSW South Coast, told The Australian Financial Review they had not realised they were underpaid super because their payslips falsely recorded payments.
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Max Mason covers insolvency, courts, regulation, financial crime, cybercrime and corporate wrongdoing. A Walkley Award winner, Max's journalism has also received awards from the National Press Club of Australia, the Kennedy Awards and Citibank. Message Max on Signal https://tinyurl.com/MaxMason Connect with Max on Twitter. Email Max at max.mason@afr.com
Larry Schlesinger writes on real estate, specialising in commercial and residential property. Larry is based in our Melbourne newsroom. Connect with Larry on Twitter. Email Larry at larry.schlesinger@afr.com
