Coronavirus Economic Response Package Omnibus Act 2020 (Cth) ( COVID Act), which came into force on 25 March 2020 and has provided temporary relief to financially distressed individuals and businesses over the last nine months. What will happen after 31 December 2020? From 1 January 2021, the COVID Act measures will no longer apply and the usual pre-COVID-19 timeframes and thresholds will be reinstated, namely: there will no longer be relief to directors from personal liability for insolvent trading. However, other provisions, which introduced a 'safe harbour' from such liability in certain circumstances in 2017, remain; the minimum debt for creditor's statutory demands will return to $2,000; the minimum judgment debt for bankruptcy notices will return to