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Victoria Agrees to $125 Million Settlement for 2020 COVID Business Losses

The $125 million settlement compensates about 16,000 Victorian businesses for economic losses from the 2020 hotel quarantine failures and lockdowns, avoiding a costly trial.

  • The Victorian government will pay $125 million to settle a class action brought by thousands of businesses over losses from COVID-19 lockdowns.
  • About 16,000 businesses registered for the class action, with claims estimated at $2.6 billion for economic damage caused by failures in the hotel quarantine program.
  • The settlement avoids a three-month trial that was expected to cost taxpayers $40 million in legal bills.
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Australian Financial Review broke the news in Sydney, Australia on Sunday, March 15, 2026.
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