So if a business cannot pay wages for a month are they trading whilst insolvent? If so what penalty do the the directors face?
If they are wound up then the Fair Entitlements Guarantee scheme will pay out owed monies, leave etc but not super. What happens though if they trade out of administration, the FEG scheme does not kick in? So the company then has to pay the owed monies?
What a mess.
https://www.jobs.gov.au/fair-entitlements-guarantee-feg