
Businesses affected by one of world’s longest Covid lockdowns to receive $125m from Victorian government
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Businesses impacted by one of the longest Covid-19 lockdowns in the world will receive $125 million from the Victorian government following a class action settlement. Retailers argued that the state should compensate them for the economic losses incurred during the extended lockdowns in 2020. The settlement comes after a legal battle in the supreme court on behalf of affected businesses.
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Victoria implemented some of the strictest lockdown measures in the world in response to Covid-19, which significantly impacted local businesses. The class action was a response to these unprecedented restrictions, seeking to hold the government accountable for the economic fallout experienced by retailers and other businesses.
This article is based on information available as of the publication date and may not reflect subsequent developments.
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