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The Federal Government’s decision to fast-track COVID-related domestic and family violence matters and parenting disputes in the family court must be backed in with extra funding to ensure the system works and can be continued beyond the current crisis, according to Greens Leader in the Senate and spokesperson on Women, Larissa Waters.
“The Greens have consistently called for extra resources for the family court system and a triage approach to cases involving domestic or family violence. The significant rise in these cases during the COVID-19 crisis highlights the need for quick access to justice,” she said today.
“The proposal to hear COVID-related cases within 72 hours is a significant step forward. However, quick, fair, and child-safety focussed outcomes will only be achieved if additional funding is given to courts and community legal services to implement the new system.
“It is also critical that the triage list becomes a permanent feature of the Family Court, and that more is done to assist at-risk women and children who have not yet reached the court system.
“The government should urgently introduce a support package that includes:

• additional funding for the Family Court and Federal Circuit Court to implement the triage system;
• additional funding for frontline domestic and family violence services, particularly legal services; and
• more support for Safe at Home programs, including safe technology services.

“The Greens will ask the Joint Select Committee into Australia’s Family Law System to monitor the operation of the COVID-19 list, and will call for a permanent triage system to keep women and children safe,” Senator Waters said.

The Morrison Government has taken decisive and unprecedented action to protect Australians and the economy from the effects of the coronavirus, with Government support for the economy totalling $320 billion or 16.4 per cent of GDP.
With the coronavirus pandemic having a major health and economic impact globally Australia has made important gains in containing the spread of the virus. The near-term outlook depends critically on this ongoing success and our ability to gradually ease restrictions so people can return to work.
It is reasonable to expect that the pace and scope of any easing in containment measures will become more clear in the period ahead while economic data on the current state of the economy will become more readily available.
Given the high degree of uncertainty around the economic impact of the coronavirus on the domestic and international economies, last month the Government took a decision to release the 2020-21 Budget on 6 October 2020.
In the interim, the Government has continued to provide updates on the fiscal position through the release of the Australian Government General Government Sector Monthly Financial Statements. The Australian Bureau of Statistics (ABS) is also releasing additional and more frequent information to enhance understanding of the social and economic impacts of the coronavirus.
Building on these updates, the Treasurer will provide a Ministerial Statement to the House of Representatives and the Minister for Finance to the Senate on 12 May 2020. The statement will outline the impact of the coronavirus on the economy and the Government’s actions to date.
The Government will also provide an economic update on the economic and fiscal outlook in June, following the release of the March quarter National Accounts.
Australia entered the coronavirus crisis from a position of economic strength. The Government returned the Budget to balance for the first time in 11 years, while government debt to GDP was about a quarter of what it is in the United States or United Kingdom, and about one seventh of what it was in Japan.
The measures we have implemented are temporary, targeted and proportionate to the challenge we face and will ensure Australia bounces back stronger on the other side, without undermining the structural integrity of the budget and maintaining our commitment to medium term fiscal sustainability.

The Morison Government will provide an additional $27 million in grants of up to $10,000 to child care services to ensure they can continue providing care to the children of essential workers.
The new child care system was implemented to ensure children of essential workers have continued access to child care, and the planned review of the Early Childhood Education and Care Relief Package will prioritise ensuring those children do have access to care.
The Morrison Government introduced the Relief Package in response to a dramatic fall in attendance that threatened the viability of the sector. If nothing was done, we were told in no uncertain terms by the sector that operators would go out of business, workers would lose their jobs, and families would lose their child care service altogether.
Thousands of workers – including essential workers – would have lost the child care services they rely on.
The new system, introduced on April 6, guarantees revenue for operators. The guaranteed weekly income from the Relief Package was designed to be used in conjunction with the JobKeeper Payment to ensure that services can continue to provide care during the COVID-19 pandemic and emerge on the other side.
JobKeeper is a key element of the Government’s Relief Package because approximately 60 per cent of a child care services’ costs relate to staff wages. JobKeeper will cover a large proportion of those costs. The Government is covering most of a services’ staffing costs, on top of paying half of the revenue they would have received under normal circumstances.
The Federal Government is providing substantial support for services that has given them certainty to plan appropriately to get through the pandemic.
Services that accept payment through the package are required to remain open and prioritise the children of essential service workers, vulnerable children and families with an existing relationship with the service.
The Government listened to the sector and acted on their advice, and it relies on services providing care to as many children as they can with the staff and resources they have.
While services may not have the usual incentives to take on children during this time, they need to consider the staff and resources they have available to provide and maximise the care for families that need it during this national emergency.
Every Australian has a role to play to help us get through the COVID-19 pandemic, from child care services, to frontline health workers, to the teachers providing continuity of education to our students and the workers ensuring the supermarket shelves are stocked with essential items. We are grateful to everyone who is making a contribution to get Australia to the other side of this crisis.
Where services have increased demand and feel they cannot afford to meet it based on current levels of support, exceptional circumstances funding is available. This means if a service has more children attending now than it had during the reference period it can apply to receive a higher payment from the Morrison Government.
This funding is also available to services which are not eligible for JobKeeper Payments. Services not eligible for JobKeeper can apply for a supplementary payment under the Early Childhood Education and Care Relief Package and the JobKeeper package.
The Government is working with providers and the sector to ensure that demand for services is met, particularly where it relates to the children of essential workers and vulnerable children.
Part of the package is a planned review after the Government has collected four weeks of data. This review will prioritise ensuring services that have capacity based on our relief package are providing care to the children of essential workers and vulnerable children.
The Government is monitoring data for evidence of services that are artificially keeping attendance below capacity while receiving the Government’s support payment, which is in contravention of the conditions of the package. Information about such practices can be directed to the Department of Education, Skills and Employment’s tip off line 1800 664 231 or emailing tipoffline@dese.gov.au.
The Government has also launched a helpline that will provide families with advice on services available in their local area, including centre-based day care, family day care, outside school hours care and vacation care. The helpline number is 1800 291 041.

The Morrison Government has today released the Australian Competition and Consumer Commission’s (ACCC) Home Loan Price Inquiry interim report.
In October 2019, the ACCC was directed by the Government to undertake an inquiry into the pricing of residential mortgage products to ensure the pricing practices of Australia’s financial institutions are better understood and made more transparent.
The interim report has also examined the factors influencing interest rate setting decisions and the pricing of mortgages.
With respect to the factors influencing interest rate setting decisions, the ACCC found that a wide range of factors including bank profitability, the implications for deposit rates, community expectations and overall competitive position were considered.
In relation to standard variable interest rates (“SVR”) offered by the major banks, the ACCC found an overall lack of price transparency, particularly for new loans, making it difficult for customers to compare home loans.
Specifically, the ACCC found that the SVR is not an accurate indicator of the actual prices paid by major bank customers, with the overwhelming majority (around 90 per cent) receiving an average 128 basis point (1.28%) discount off the SVR. For the average mortgage holder, this discount represents a saving of nearly $5000 in the first year alone.
The ACCC also found that new customers are paying on average 26 basis points (0.26%) less than existing customers on owner occupied loans. This difference is even more significant for older loans, with customers who have had their loan for more than five years paying 40 basis points (0.40%) above the price on newer loans.
The report also makes clear that banks do not proactively reduce the SVR when their overall cost of funds come down. Instead, banks typically only announce a reduction in the SVR when the RBA announces a reduction in the cash rate – notwithstanding that the cash rate only represents a part of their overall funding costs. The ACCC also found that the time taken to pass on the announced reduction in SVR to customers varies across the banks with additional revenue being a motivator for increasing the delay in some circumstances.
These findings underline the importance of greater transparency and competition in the sector and need for customers to remain highly engaged and shop around to get access to the best deal – including from their existing financial institution.
The findings also underscore the Government’s continued commitment to a number of major reforms to increase competition across the banking industry, including implementation of the Consumer Data Right which will empower consumers to more easily compare and switch between home loan products and lenders.
At the same time, the Government has been focussed on ensuring that its actions in responding to the Coronavirus pandemic support competition, including through:

• the $15 billion in funding provided to the AOFM to invest in wholesale funding markets used by small ADIs and non-ADI lenders; and
• enabling a broad cross-section of lenders to participate in the Coronavirus SME Guarantee Scheme, with 39 lenders now approved to participate in the Scheme.

The ACCC’s Home Loan Price Inquiry final report will examine the impediments consumers face when switching lenders and will provide recommendations focused on driving further competition in the home loan market.
In light of the coronavirus pandemic, the Government will extend the timeframe for the Inquiry’s final report until 30 November 2020.