The Budget Debate will continue this week, with 13 hours and 32 minutes remaining. There will be no general debate on Wednesday, due to the continuing Budget debate.
Progress will be made on the Overseas Investment (Urgent Measures) Amendment Bill, which has been examined by the Finance and Expenditure Committee. The committee’s report is due back on 25 May 2020.
This bill is one of two bills that are a package to replace the Overseas Investment Amendment Bill (No 2) and amend the Overseas Investment Act 2005.
The Overseas Investment (Urgent Measures) Amendment Bill contains measures the Government considers need to be put in place urgently, to address the economic effects of COVID-19. It is an omnibus bill, amending a number of Acts to effectively manage possible risks posed by foreign investment, while also supporting productive overseas investment by reducing the regulations that control the screening process.
Select Committee meetings held in public sessions this week
|Environment||Forests (Regulation of Log Traders and Forestry Advisers) Amendment Bill|
These meetings will be live streamed. Times and links can be viewed here.