There is a statutory priority for certain employee entitlements up to $25,480 which includes unpaid wages and holiday pay which is paid in priority to other creditors.
If you are owed more than $25,480 or are owed amounts which do not fall within your preferential claimthen those amounts are an unsecured claim and rank equally with other creditors.
These amounts will be frozen and won’t be paid until we have realized sufficient assets to make payment. We will keep you updated as to the timing of any payment.
