House debates
Monday, 23 March 2020
Bills
Coronavirus Economic Response Package Omnibus Bill 2020, Guarantee of Lending to Small and Medium Enterprises (Coronavirus Economic Response Package) Bill 2020, Australian Business Growth Fund (Coronavirus Economic Response Package) Bill 2020, Assistance for Severely Affected Regions (Special Appropriation) (Coronavirus Economic Response Package) Bill 2020, Structured Finance Support (Coronavirus Economic Response Package) Bill 2020, Appropriation (Coronavirus Economic Response Package) Bill (No. 1) 2019-2020, Appropriation (Coronavirus Economic Response Package) Bill (No. 2) 2019-2020, Boosting Cash Flow for Employers (Coronavirus Economic Response Package) Bill 2020; Consideration in Detail
4:57 pm
Michael Sukkar (Deakin, Liberal Party, Assistant Treasurer) Share this | Hansard source
Very briefly, the amendments moved by the government bring forward waiting period and asset test application rules. This is obviously an evolving pandemic moving very quickly, and the amendments bring forward the application of those two provisions to ensure that payments can be made more expeditiously and that the asset test doesn't apply.
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