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I wouldn't believe her statement for 1 second. "may be no penalty". Sorry I have seen ATO do this and then burn people. Sure they may try and bait a quick solution BUT its never that simple. Did she put that offer in writing ? I bet the answer is no.

For all ebay sellers out there this is happening a bit at present. The ATO obtained five years of data on ALL sellers using ebay, paypal gumtree etc and their address, names etc. The ATO have matched bank details too and traced identities in some cases to a front for a company or split...

Ouch that will hurt. Just the GST alone will be a world of pain once they add penalties. They will no doubt consider the manner in which you sought to evade/avoid/ accidentally forget about taxes. Ranging from being reckless through to evasion....That will determine how much the penalty is...