Fraud against the ATO and fraud against a bank, even if broadly motivated by the same desire to keep a business afloat, do not constitute one transaction where the victims and methods differ. Partial accumulation of sentences for such distinct offending is appropriate. General deterrence remains the predominant sentencing consideration in taxation fraud cases, reducing the weight to be given to an offender's antecedents.
The full text is available to signed-in members, including the 2 later cases that cite this judgment.