Briefly describe one (1) requirement regarding payroll record-keeping, reporting and general operations, in Australian corporations law. Name the source of the law (e.g. the Corporations Act 2001, a case before an Australian court, etc.) Tips: Corporations Act link: https://www.legislation.gov.au/Details/C2018C00400 Look at Chapter 2M. Part 2M.2Financial records Section 286 Obligation to keep financial records this is my answer below. can you please rewrite better and in more detail. In accordance with the Australian Corporation Act 2001, all business records must be kept for five years, including tax invoices, receipts, salary and wages records, tax returns and activity statements, and super annulation contributions for the employees