The case centres on more than 1,000 reports of unauthorised transactions worth about A$35 million between January 2020 and August 2024.
The results highlight ongoing pressure on small and medium-sized businesses as rising costs and margin pressures weigh on performance.
Glue Store's closure comes as Australian retailers face tough conditions, with consumers cutting back on discretionary spending amid cost-of-living pressures.
Data from Statistics New Zealand showed GDP rose 0.8% in the March quarter, matching market forecasts. The result followed a revised 0.5% expansion in the previous quarter.
KPMG's modelling suggests that restoring participation growth among older Australians to its historical trend could help address workforce shortages without relying heavily on overseas labour.
