Summary

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The majority voted against a motion to agree to amendments introduced by Liberal MP Bruce Billson, which means that the amendments were unsuccessful. This division was a recommittal of a previous division on this motion.(Read more about why this recommittal occurred here. )

Mr Billson explained that his amendments would have enacted the following principles:

  • that existing equal representation requirements in the Superannuation Industry (Supervision) Act 1993 and regulations be repealed;(Under equal representation, union and employer representatives dominate industry superannuation funds. See the basic equal representation rules here.

)

  • that these be replaced by requirements which give effect to the principle that each affected trustee board or group of trustees at a minimum will contain one-third in number independent directors or trustees;
  • for the purpose of independents it will take the meaning of section 10 in the SI(S) Act;
  • the independence rule would only be applied to public offer funds.(See those amendments and Mr Billson's explanation of them here.

)

Background to the Bill

The Bill is the fourth and final legislative bundle implementing the Stronger Super reforms announced by the Labor Government in 2010.(More information about this Bill and the context surrounding it can be found here.) It introduces a number of corporate governance measures that arose out of the Review into the Governance, Efficiency, Structure and Operation of Australia’s Superannuation System (known as the Cooper Review) and the Government’s own consultations with industry, employer and consumer groups.

References

Votes Not passed by a small majority

Nobody rebelled against their party.

Party Votes
Adam Bandt Melbourne Australian Greens No
Australian Labor Party (99% turnout) 0 Yes 69 No
Dick Adams Lyons No
Anthony Albanese Grayndler No
Sharon Bird Cunningham No
Chris Bowen McMahon No
David Bradbury Lindsay No
Gai Brodtmann Canberra No
Tony Burke Watson No
Mark Butler Port Adelaide No
Anthony Byrne Holt No
Nick Champion Wakefield No
Darren Cheeseman Corangamite No
Jason Clare Blaxland No
Julie Collins Franklin No
Greg Combet Charlton No
Simon Crean Hotham No
Yvette D'Ath Petrie No
Michael Danby Melbourne Ports No
Mark Dreyfus Isaacs No
Justine Elliot Richmond No
Kate Ellis Adelaide No
Laurie Ferguson Werriwa No
Martin Ferguson Batman No
Joel Fitzgibbon Hunter No
Peter Garrett Kingsford Smith No
Steve Georganas Hindmarsh No
Steve Gibbons Bendigo No
Julia Gillard Lalor No
Gary Gray Brand No
Sharon Grierson Newcastle No
Alan Griffin Bruce No
Jill Hall Shortland No
Chris Hayes Fowler No
Ed Husic Chifley No
Harry Jenkins Scullin No
Stephen Jones Throsby No
Mike Kelly Eden-Monaro No
Catherine King Ballarat No
Andrew Leigh Fraser No
Kirsten Livermore Capricornia No
Geoff Lyons Bass No
Jenny Macklin Jagajaga No
Richard Marles Corio No
Robert McClelland Barton No
Daryl Melham Banks No
Rob Mitchell McEwen No
John Murphy Reid No
Shayne Neumann Blair No
Brendan O'Connor Gorton No
Deborah O'Neill Robertson No
Julie Owens Parramatta No
Melissa Parke Fremantle No
Graham Perrett Moreton No
Tanya Plibersek Sydney No
Bernie Ripoll Oxley No
Amanda Rishworth Kingston No
Michelle Rowland Greenway No
Nicola Roxon Gellibrand No
Kevin Rudd Griffith No
Janelle Saffin Page No
Bill Shorten Maribyrnong No
Sid Sidebottom Braddon No
Stephen Smith Perth No
Laura Smyth La Trobe No
Warren Snowdon Lingiari No
Wayne Swan Lilley No
Mike Symon Deakin No
Kelvin Thomson Wills No
Maria Vamvakinou Calwell No
Tony Zappia Makin No
Craig Emerson Rankin Absent
Natasha Griggs Solomon Country Liberal Party Yes
Bruce Scott Maranoa Deputy Speaker Yes
Peter Slipper Fisher Independent Yes
Andrew Wilkie Denison Independent Yes
Bob Katter Kennedy Independent No
Robert Oakeshott Lyne Independent No
Craig Thomson Dobell Independent No
Tony Windsor New England Independent No
Bob Katter Kennedy Katter's Australian Party Absent
Liberal Party (98% turnout) 58 Yes 0 No
Tony Abbott Warringah Yes
John Alexander Bennelong Yes
Karen Andrews McPherson Yes
Kevin Andrews Menzies Yes
Bob Baldwin Paterson Yes
Bruce Billson Dunkley Yes
Bronwyn Bishop Mackellar Yes
Julie Bishop Curtin Yes
Jamie Briggs Mayo Yes
Russell Broadbent McMillan Yes
Scott Buchholz Wright Yes
Steven Ciobo Moncrieff Yes
Peter Dutton Dickson Yes
Warren Entsch Leichhardt Yes
Paul Fletcher Bradfield Yes
Josh Frydenberg Kooyong Yes
Teresa Gambaro Brisbane Yes
Joanna Gash Gilmore Yes
Barry Haase Durack Yes
Alex Hawke Mitchell Yes
Joe Hockey North Sydney Yes
Greg Hunt Flinders Yes
Steve Irons Swan Yes
Dennis Jensen Tangney Yes
Ewen Jones Herbert Yes
Michael Keenan Stirling Yes
Craig Kelly Hughes Yes
Andrew Laming Bowman Yes
Sussan Ley Farrer Yes
Ian Macfarlane Groom Yes
Nola Marino Forrest Yes
Louise Markus Macquarie Yes
Russell Matheson Macarthur Yes
Sophie Mirabella Indi Yes
Scott Morrison Cook Yes
Judi Moylan Pearce Yes
Kelly O'Dwyer Higgins Yes
Jane Prentice Ryan Yes
Christopher Pyne Sturt Yes
Rowan Ramsey Grey Yes
Don Randall Canning Yes
Andrew Robb Goldstein Yes
Stuart Robert Fadden Yes
Wyatt Roy Longman Yes
Philip Ruddock Berowra Yes
Alby Schultz Hume Yes
Patrick Secker Barker Yes
Luke Simpkins Cowan Yes
Tony Smith Casey Yes
Andrew Southcott Boothby Yes
Sharman Stone Murray Yes
Dan Tehan Wannon Yes
Alan Tudge Aston Yes
Malcolm Turnbull Wentworth Yes
Bert Van Manen Forde Yes
Ross Vasta Bonner Yes
Mal Washer Moore Yes
Ken Wyatt Hasluck Yes
Alex Somlyay Fairfax Absent
National Party (100% turnout) 11 Yes 0 No
Darren Chester Gippsland Yes
George Christensen Dawson Yes
John Cobb Calare Yes
Mark Coulton Parkes Yes
Tony Crook O'Connor Yes
John Forrest Mallee Yes
Luke Hartsuyker Cowper Yes
Michael McCormack Riverina Yes
Paul Neville Hinkler Yes
Ken O'Dowd Flynn Yes
Warren Truss Wide Bay Yes
Anna Burke Chisholm Speaker Absent
Totals (98% turnout) 73 Yes – 74 No