The recovery of amounts advanced under the Fair Entitlements Guarantee (FEG) scheme is increased by bringing and funding investigations and claims.

This performance measure was partly achieved.

4.3.1 For 2020–21, the department estimated that the FEG Recovery Program would recover $37.94 million. Recovered amounts are returned to consolidated revenue. The program partly achieved this forecast, recovering $20.15 million. In addition, the program recovered $6.12 million of employee entitlements that were not covered by the FEG scheme (due to eligibility requirements) and $6.64 million in superannuation entitlements.

In 2020–21, the department expended $1.52 million administered funding in finalised matters and a further $15.8 million in open (ongoing) matters pursuing recovery of FEG advances, totalling more than $230 million.

These results were affected by a slowdown in the progress of matters before the courts due to the pandemic. Government stimulus measures also resulted in fewer insolvencies and a corresponding decrease in FEG advances.

Since the program’s inception on 1 July 2015, the FEG Recovery Program has recovered $213.06 million with a corresponding expenditure of $52.04 million.