Australian retailer Stax has collapsed, leaving employees, creditors and the Australian Taxation Office facing significant losses, according to new corporate filings. The reports, submitted to Australia’s corporate regulator, detail the scale of liabilities associated with the failed business. The filings indicate Stax owed a total of about $6.7 million, encompassing amounts owed to staff, suppliers and the tax authority. The information highlights the breadth of parties affected by the insolvency, including workers who are owed employment-related payments and suppliers who have provided goods or services. It also shows that the ATO is among the creditors seeking payment. The accounts in the filings are framed as updated information made available through the corporate watchdog, reflecting the financial position following the retailer’s collapse. No outlet provides additional detail on the causes of the failure in the material provided, but the shared reporting focuses on the total losses and the parties involved. Overall, the disclosures underscore the financial impact of the collapse on multiple stakeholders.