Vic govt agrees to pay $125M to businesses hit by 2020 Covid lockdowns

By Yajush Gupta · 17 March 2026 · News

Vic govt agrees to pay $125M to businesses hit by 2020 Covid lockdowns

Victorian Businesses to Receive $125M Compensation

A major settlement has been reached for businesses affected by Victoria's 2020 Covid lockdowns. But what does this mean for the future of small business owners in the state?

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Summary

The Victorian government has agreed to pay $125 million to settle a class action brought on behalf of businesses that suffered losses during the state’s 2020 Covid lockdowns.