Taxpayers have spent $367.08m paying out employees of collapsed businesses since the onset of the Covid-19 pandemic.
Data from the Department of Employment and Workplace Relations reveals more than 20,000 payments have been made under the Fair Entitlements Guarantee Act between March 1, 2020 and May 31, 2023.
Under the FEGA, workers are able to claim up to 13 weeks of unpaid wages, unpaid annual leave and long service leave and some redundancy pay if they have lost their job due to the insolvency of their employer.
Of the payments made during the three year period, 2413 payments were related to the insolvency of large employers with more than 200 employees; 12,385 were related to medium size employers (15-199 employees) going bankrupt, an…
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