I’m 56 years old and my AL & LS is $23k, with notice and redundancy is $50k My boss said Due to a merger & restructure, I'm no longer needed and will become redundant. He will not give a termination date. 2 weeks later I asked for an update, I was told not to worry and he will look after me, He suggested I should not resign so as not to lose the redundancy payout. The company is still going to exist ( Family trust Pty Ltd may be as a shell ) and when some money became available he will issue the termination notice & pay me redundancy. I should have my job until Xmas, he said. 3 days later All equipment has been centralised & moved to another premises After merger only 2 staff will remain with no work to perform . Note: I believe they trading while insolvent. They rely on selling vehicles (<$30k) for the payout if any. There are potentially 3 other persons that may not sign new contracts because of the imposed conditions. each has LS & AL ~>$30k. After the merger, there will be less then 15 employees. My dilemma : if any resign before they sign contracts, there is no money to pay any of us. What can I do to secure my entitlements and force the redundancy.