edited
9th Oct 2014
Commonwealth Inscribed Stock Amendment Bill 2013 - Consideration of Senate Message - Debt ceiling of $400 billion
Passed by a small majority
No rebellions 87% attendance
13th Nov 2013, 8:00 PM – Representatives Commonwealth Inscribed Stock Amendment Bill 2013 - Consideration in Detail - Debt ceiling of $400 billion
Summary
EditThe majority voted against an amendment to change the proposed rise in the debt ceiling from $500 billion to $400 billion instead. The amendment was introduced by Shadow Treasurer Chris Bowen.
Someone who votes aye in this amendment supports changing the debt ceiling set by bill. The majority voted no to this amendment so it was unsuccessful.
Background to Bill
On 22 October 2013, the Abbott Government announced that it will raise the debt ceiling from $300 billion to $500 billion.(Read more about this here in the media here. ) This was following the August 2013 Pre-Election Economic and Fiscal Outlook which reported that the Treasurer's standing borrowing authority would reach the $300 billion limit by December 2013.
The purpose of the increase to the debt ceiling is to "provide stability and certainty to financial markets about the Government's ability to issue sufficient debt to manage its budget".(See the explanatory memorandum (106 KB). More about the bill, including its bills digest, is available here.)
Votes Not passed by a small majority
Nobody rebelled against their party.
| Party | Votes | |
|---|---|---|
| Adam Bandt Melbourne Australian Greens | Yes | |
| Australian Labor Party (96% turnout) | 53 Yes – 0 No | |
| Anthony Albanese Grayndler | Yes | |
| Sharon Bird Cunningham | Yes | |
| Chris Bowen McMahon | Yes | |
| Gai Brodtmann Canberra | Yes | |
| Anna Burke Chisholm | Yes | |
| Tony Burke Watson | Yes | |
| Mark Butler Port Adelaide | Yes | |
| Anthony Byrne Holt | Yes | |
| Jim Chalmers Rankin | Yes | |
| Nick Champion Wakefield | Yes | |
| Lisa Chesters Bendigo | Yes | |
| Jason Clare Blaxland | Yes | |
| Sharon Claydon Newcastle | Yes | |
| Julie Collins Franklin | Yes | |
| Pat Conroy Charlton | Yes | |
| Michael Danby Melbourne Ports | Yes | |
| Mark Dreyfus Isaacs | Yes | |
| Justine Elliot Richmond | Yes | |
| Kate Ellis Adelaide | Yes | |
| Laurie Ferguson Werriwa | Yes | |
| Joel Fitzgibbon Hunter | Yes | |
| Andrew Giles Scullin | Yes | |
| Gary Gray Brand | Yes | |
| Alan Griffin Bruce | Yes | |
| Jill Hall Shortland | Yes | |
| Chris Hayes Fowler | Yes | |
| Ed Husic Chifley | Yes | |
| Stephen Jones Throsby | Yes | |
| Catherine King Ballarat | Yes | |
| Andrew Leigh Fraser | Yes | |
| Jenny Macklin Jagajaga | Yes | |
| Alannah Mactiernan Perth | Yes | |
| Richard Marles Corio | Yes | |
| Rob Mitchell McEwen | Yes | |
| Shayne Neumann Blair | Yes | |
| Brendan O'Connor Gorton | Yes | |
| Clare O'Neil Hotham | Yes | |
| Julie Owens Parramatta | Yes | |
| Melissa Parke Fremantle | Yes | |
| Graham Perrett Moreton | Yes | |
| Tanya Plibersek Sydney | Yes | |
| Bernie Ripoll Oxley | Yes | |
| Amanda Rishworth Kingston | Yes | |
| Michelle Rowland Greenway | Yes | |
| Kevin Rudd Griffith | Yes | |
| Joanne Ryan Lalor | Yes | |
| Warren Snowdon Lingiari | Yes | |
| Wayne Swan Lilley | Yes | |
| Matt Thistlethwaite Kingsford Smith | Yes | |
| Kelvin Thomson Wills | Yes | |
| Maria Vamvakinou Calwell | Yes | |
| Tim Watts Gellibrand | Yes | |
| Tony Zappia Makin | Yes | |
| David Feeney Batman | Absent | |
| Bill Shorten Maribyrnong | Absent | |
| Natasha Griggs Solomon Country Liberal Party | No | |
| Bruce Scott Maranoa Deputy Speaker | Absent | |
| Bob Katter Kennedy Independent | No | |
| Andrew Wilkie Denison Independent | No | |
| Cathy McGowan Indi Independent | Absent | |
| Bob Katter Kennedy Katter's Australian Party | Absent | |
| Liberal Party (90% turnout) | 0 Yes – 66 No | |
| John Alexander Bennelong | No | |
| Karen Andrews McPherson | No | |
| Bob Baldwin Paterson | No | |
| Bruce Billson Dunkley | No | |
| Jamie Briggs Mayo | No | |
| Mal Brough Fisher | No | |
| Scott Buchholz Wright | No | |
| Steven Ciobo Moncrieff | No | |
| David Coleman Banks | No | |
| Warren Entsch Leichhardt | No | |
| Paul Fletcher Bradfield | No | |
| Josh Frydenberg Kooyong | No | |
| Teresa Gambaro Brisbane | No | |
| Ian Goodenough Moore | No | |
| Alex Hawke Mitchell | No | |
| Sarah Henderson Corangamite | No | |
| Peter Hendy Eden-Monaro | No | |
| Joe Hockey North Sydney | No | |
| Luke Howarth Petrie | No | |
| Greg Hunt Flinders | No | |
| Eric Hutchinson Lyons | No | |
| Steve Irons Swan | No | |
| Ewen Jones Herbert | No | |
| Michael Keenan Stirling | No | |
| Craig Kelly Hughes | No | |
| Andrew Laming Bowman | No | |
| Craig Laundy Reid | No | |
| Sussan Ley Farrer | No | |
| Nola Marino Forrest | No | |
| Louise Markus Macquarie | No | |
| Russell Matheson Macarthur | No | |
| Karen McNamara Dobell | No | |
| Scott Morrison Cook | No | |
| Andrew Nikolic Bass | No | |
| Kelly O'Dwyer Higgins | No | |
| Tony Pasin Barker | No | |
| Christian Porter Pearce | No | |
| Jane Prentice Ryan | No | |
| Melissa Price Durack | No | |
| Christopher Pyne Sturt | No | |
| Rowan Ramsey Grey | No | |
| Don Randall Canning | No | |
| Andrew Robb Goldstein | No | |
| Stuart Robert Fadden | No | |
| Wyatt Roy Longman | No | |
| Philip Ruddock Berowra | No | |
| Fiona Scott Lindsay | No | |
| Luke Simpkins Cowan | No | |
| Tony Smith Casey | No | |
| Andrew Southcott Boothby | No | |
| Sharman Stone Murray | No | |
| Ann Sudmalis Gilmore | No | |
| Michael Sukkar Deakin | No | |
| Angus Taylor Hume | No | |
| Dan Tehan Wannon | No | |
| Alan Tudge Aston | No | |
| Malcolm Turnbull Wentworth | No | |
| Bert Van Manen Forde | No | |
| Nickolas Varvaris Barton | No | |
| Ross Vasta Bonner | No | |
| Brett Whiteley Braddon | No | |
| Lucy Wicks Robertson | No | |
| Matt Williams Hindmarsh | No | |
| Rick Wilson O'Connor | No | |
| Jason Wood La Trobe | No | |
| Ken Wyatt Hasluck | No | |
| Tony Abbott Warringah | Absent | |
| Kevin Andrews Menzies | Absent | |
| Julie Bishop Curtin | Absent | |
| Russell Broadbent McMillan | Absent | |
| Peter Dutton Dickson | Absent | |
| Dennis Jensen Tangney | Absent | |
| Ian Macfarlane Groom | Absent | |
| National Party (86% turnout) | 0 Yes – 12 No | |
| Andrew Broad Mallee | No | |
| Darren Chester Gippsland | No | |
| George Christensen Dawson | No | |
| John Cobb Calare | No | |
| Mark Coulton Parkes | No | |
| David Gillespie Lyne | No | |
| Luke Hartsuyker Cowper | No | |
| Kevin Hogan Page | No | |
| Michelle Landry Capricornia | No | |
| Michael McCormack Riverina | No | |
| Ken O'Dowd Flynn | No | |
| Keith Pitt Hinkler | No | |
| Barnaby Joyce New England | Absent | |
| Warren Truss Wide Bay | Absent | |
| Clive Palmer Fairfax Palmer United Party | Absent | |
| Bronwyn Bishop Mackellar Speaker | Absent | |
| Totals (90% turnout) | 54 Yes – 81 No |
Turnout is the percentage of members eligible to vote that did vote.