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Federal Parliament has adjourned for the winter break with the next sitting scheduled for the week beginning August 4.

The latest high-profile stimulus measure to be unveiled by the government is the HomeBuilder package. The scheme allows eligible owner-occupiers to access a grant of $25,000 to either build a new home or make substantial renovations to an existing home. The aim of the program is to stimulate the residential construction market and generate work for the various sub-groups that operate within the construction industry.

Meanwhile, Education Minister Dan Tehan has announced a significant shake-up to the prices charged to students for various degrees. In a move to push more students towards STEM courses - science, technology, engineering and maths - the fees for degrees in these disciplines will be lowered. Conversely, prices charged for studying subjects in the Humanities field will be increased. The Government argues that this will see more students study degrees that provide a higher likelihood of employment, but the proposed reforms have been met with some criticism from the sector.

Flying under the radar due to the current pandemic, the Eden Monaro by-election will be taking place on July 4. The electorate was heavily impacted by the devastating bushfires that tore through much of regional Australia in late 2019 and early 2020 and this issue has featured prominently during the campaign. Polling indicates a tight result, with the possibility of a result not known on the night due to the higher than usual postal vote applications.

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