Increased Assistance for high-density claims, Reduced Claim processing time and late payment interest
Commencing 1 October 2019, TFES assistance for high-density goods will increase from 60% of the standard rate of assistance to 100% and interest on late claim payments greater than 30 days will be paid.
High-density goods—for goods shipped on or after 1 October 2019
From 1 October 2019 high-density goods shipments will receive 100% of the standard rate of TFES assistance, rather than 60% as currently applied.