BB,
There were several reasons why TAA went tits up. CASA didn't help ( I bet my left nut they are also involved with the toppling of Horizon. Their obstruction, their inceassant, petty but expensive demands, bleed you like an ex wife) and someone had their fingers in the till. Large sums of money are unaccounted for. It was the ATO who tipped it into administration. Over $1mil. of GST and and employee tax deductions went south. The administrator has not been happy with explainations given and no doubt the liquidator and ASIC will follow it up.
Since being in administration, 'it's been a nice little earner'.