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Last updated Monday 28 September, 2020 9:56 AM

CapMon Updates

Federal Budget 2020

Capital Monitor have added a Federal Budget 2020 CapMon Topic. This will capture all Budget-related media releases, transcripts, submissions and legislation for the 6 October Budget. All Budget updates will also be available on our Budget page from 7:30pm on the night.

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Today's Events

Calendar

See our Diary and Calendar pages for more detailed information.

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Top Headlines

Victorian restrictions

Prime Minister Scott Morrison, Treasurer Josh Frydenberg and Minister for Health Greg Hunt said that easing restrictions in Victoria in a COVIDsafe way is vitally important so that more Victorians can get back to work and resume their normal lives. Today's announcement is a small but further important step in that direction. The removal of the curfew, the ability of sole traders to operate garden maintenance and related services and the improvements in supermarket capacity and manufacturing are all welcome. It will be important that more be done in the weeks ahead to safely ease more restrictions. We note that at similar case levels NSW was fundamentally open while remaining Covidsafe due to a world class contact tracing facility. As many epidemiologists have encouraged, we would support Victoria in reviewing the trigger of five and zero cases with regards to the third and last steps.
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Deloitte Access Economics Budget Monitor

Deloitte Access Economics said this year's budget deficit is holding up better than expected. The last official budget update was released before Melbourne's Stage 4 lockdowns and the policy reactions to that, including spending $15.6 billion more via easier eligibility for JobKeeper, as well as another $2 billion to extend telehealth. So you could be forgiven for thinking the worst... Yet it's not all bad news: Treasury assumed iron ore prices would immediately nosedive, almost halving to US$55 a tonne ahead of Christmas. But they've actually gone up, trading at double those rates. And Treasury was very conservative in its other forecasts, including of jobs and inflation.
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Statement from the Premier

Victorian Premier Daniel Andrews said, "Seven weeks ago, our average case numbers were peaking at more than 400 every single day. Today, Melbourne's rolling case average is 22.1. Thanks to those efforts, and on the advice of our public health team, I can confirm that from 11:59pm tonight, Melbourne will enter the Second Step towards reopening. The latest modelling shows that our strategy is working. Not only have we been able to drive down cases from the hundreds - we're well on-track to hit single digits in the next few weeks. That allows us to make some small, but significant changes. Firstly, our move to the Third and Last Steps will no longer be defined by dates in the calendar. Instead, the "trigger point" for review by our public health team will be based solely on reaching our case number targets. That means the sooner we hit those targets - the sooner we can consider our next steps."
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Recent Acts

Federal
Act Name Date of Assent Act No.
Aboriginal Land Rights (Northern Territory) Amendment (Jabiru) Act 2020 17/09 87
Australian Citizenship Amendment (Citizenship Cessation) Act 2020 17/09 88
Payment Times Reporting (Consequential Amendments) Act 2020 17/09 89
Primary Industries (Customs) Charges Amendment (Dairy Cattle Export Charge) Act 2020 17/09 90

See Capital Monitor's Federal Bills Monitor and Acts Assented pages for detailed coverage.

New South Wales
Act Name Date of Assent Act No.
Superannuation Legislation Amendment Act 2020 23/09 21

See Capital Monitor's New South Wales Bills Monitor and Acts Assented pages for detailed coverage.

Queensland
Act Name Date of Assent Act No.
Criminal Code (Child Sexual Offences Reform) and Other Legislation Amendment Act 2020 14/09 32
Meriba Omasker Kaziw Kazipa (Torres Strait Islander Traditional Child Rearing Practice) Act 2020 14/09 33
Criminal Code and Other Legislation (Wage Theft) Amendment Act 2020 14/09 34
Public Service and Other Legislation Amendment Act 2020 14/09 35
Appropriation (Parliament) Act 2020 14/09 36
Appropriation Act 2020 14/09 37

See Capital Monitor's Queensland Bills Monitor and Acts Assented pages for detailed coverage.

South Australia
Act Name Date of Assent Act No.
Single-use and Other Plastic Products (Waste Avoidance) Bill 2020 17/09 27
Controlled Substances (Confidentiality and Other Matters) Amendment Bill 2020 17/09 28
Fair Trading (Repeal of Part 6A - Gift Cards) Amendment Bill 2020 17/09 29
COVID-19 Emergency Response (Expiry and Rent) Amendment Act 2020 25/09 30

See Capital Monitor's South Australian Bills Monitor and Acts Assented pages for detailed coverage.

Victoria
Act Name Date of Assent Act No.
22/09 25
Retail Leases Amendment Act 2020 22/09 26

See Capital Monitor's Victorian Bills Monitor and Acts Assented pages for detailed coverage.

Western Australia
Act Name Date of Assent Act No.
Workers' Compensation and Injury Management Amendment (COVID-19 Response) Act 2020 18/08 31
Iron Ore Processing (Mineralogy Pty. Ltd.) Agreement Amendment Act 2020 13/08 32
Public Health Amendment (COVID-19 Response) Act 2020 21/08 33
COVID-19 Response and Economic Recovery Omnibus Bill 2020 11/09 34

See Capital Monitor's Western Australian Bills Monitor and Acts Assented pages for detailed coverage.

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Political Calendar

Federal

The Federal Parliament will next sit from 6-8 October 2020.
The Budget is scheduled for 6 October 2020.
Estimates hearings are scheduled for 19-23 and 26-30 October 2020.
The next Federal election is scheduled for 2022.

Australian Capital Territory

The Australian Capital Territory Parliament entered caretaker mode on 10 September 2020. There are no scheduled siting days for 2020.
The Budget has been delayed until a date after 17 October 2020.
Estimates hearings have been delayed until a date to be advised.
The next ACT election is scheduled for 17 October 2020.

New South Wales

The New South Wales Parliament will next sit from 13-15 October 2020.
The Budget has been delayed until 17 November 2020.
Estimates hearings have been delayed until a date to be advised.
The next NSW election is scheduled for 25 March 2023.

Northern Territory

The Northern Territory Parliament will next sit from 20-22 October 2020.
The Budget has been delayed until 10 November 2020.
Estimates hearings are scheduled for 7-10 December 2020.
NT Labor won the election held on 22 August 2020. The next NT election is scheduled for 2024.

Queensland

The Queensland Parliament will be dissolved and enter caretaker mode on 6 October 2020. The next scheduled sitting dates after the election are 1-3 December 2020.
The Budget has been delayed until a date to be advised. Treasury published a COVID-19 Fiscal and Economic Review on 7 September 2020.
Estimates hearings have been delayed until a date to be advised.
The next QLD election is scheduled for 31 October 2020.

South Australia

The South Australian Parliament will next sit from 13-15 October 2020.
The Budget has been delayed until 10 November 2020.
Estimates hearings are scheduled for 18-24 November 2020.
The next SA election is scheduled for 19 March 2022.

Tasmania

The Tasmanian Parliament will next sit from 13-15 October 2020.
The Budget has been delayed until 12 November 2020.
Estimates hearings have been delayed until a date to be advised.
The next Tasmanian election is scheduled for 2022.

Victoria

The Victorian Parliament will next sit from 13-15 October 2020.
The Budget has been delayed until a date to be advised.
Estimates hearings have been delayed until a date to be advised.
The next Victorian election is scheduled for 26 November 2022.

Western Australia

The Western Australian Parliament will next sit from 13-15 October 2020.
The Budget is scheduled for 8 October 2020.
Estimates hearings have been delayed until a date to be advised.
The next Western Australian election is scheduled for 13 March 2021.

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