Media report there are 4600+ claims filed to date. Assuming 20 reviewers (I do not know how many staff there are, this is just to make an estimate), spending a day on each claim, and that's already a year to deal with all the claims (less those already done, plus any new claims).
I applied in Nov of 2020 and received my approval letter October 2021, and $5000 about 2 weeks later. The rest is TBD after all claims are processed. They are curreny on about 10000 of 20000 claims very frustrating as there is no timeliness to completion.
Given that the overall payout is capped, and take-up has been significant, they have to adjudicate all claims before making payments, in case payments will have to be prorated.
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