edited
8th Jul 2022
Treasury Laws Amendment (2021 Measures No. 1) Bill 2021 - Second Reading - Keep motion unchanged
Passed by a small majority
No rebellions 81% attendance
17th Mar 2021, 5:42 PM – Representatives Treasury Laws Amendment (2021 Measures No. 1) Bill 2021 - Consideration in Detail - Continuous disclosure obligations
Summary
EditThe majority voted in favour of disagreeing with amendments introduced by Whitlam MP Stephen Jones (Labor), which means they failed. The amendments would have omitted Schedule 2, which contains the continuous disclosure obligation. MP Jones explained that:
Labor's amendment is simple: it cuts out schedule 2 of the bill. The schedule contains the government's plan to weaken continuous disclosure rules and damage corporate transparency…
We won't stand for the proposition that corporate transparency should be reduced. We are on the side of small investors and self-funded retirees. This is an insidious measure. The measures contained in schedule 2 would make it easier for companies and company directors to get away with withholding information or providing misleading information to shareholders.
Amendment text
(1) Clause 2, page 2 (table items 1 to 4), omit the table items, substitute:
1. The whole of this Act The day after this Act receives the Royal Assent.
(2) Schedule 2, page 25 (line 1) to page 38 (line 8), omit the Schedule.
Votes Passed by a small majority
Nobody rebelled against their party.
| Party | Votes | |
|---|---|---|
| Adam Bandt Melbourne Australian Greens | No | |
| Australian Labor Party (78% turnout) | 0 Yes – 53 No | |
| Chris Bowen McMahon | No | |
| Tony Burke Watson | No | |
| Linda Burney Barton | No | |
| Josh Burns Macnamara | No | |
| Mark Butler Hindmarsh | No | |
| Terri Butler Griffith | No | |
| Jim Chalmers Rankin | No | |
| Nick Champion Spence | No | |
| Libby Coker Corangamite | No | |
| Julie Collins Franklin | No | |
| Pat Conroy Shortland | No | |
| Milton Dick Oxley | No | |
| Justine Elliot Richmond | No | |
| Joel Fitzgibbon Hunter | No | |
| Mike Freelander Macarthur | No | |
| Steve Georganas Adelaide | No | |
| Andrew Giles Scullin | No | |
| Patrick Gorman Perth | No | |
| Chris Hayes Fowler | No | |
| Julian Hill Bruce | No | |
| Ed Husic Chifley | No | |
| Stephen Jones Whitlam | No | |
| Ged Kearney Cooper | No | |
| Peter Khalil Wills | No | |
| Madeleine King Brand | No | |
| Andrew Leigh Fenner | No | |
| Richard Marles Corio | No | |
| Kristy McBain Eden-Monaro | No | |
| Emma McBride Dobell | No | |
| Brian Mitchell Lyons | No | |
| Rob Mitchell McEwen | No | |
| Shayne Neumann Blair | No | |
| Brendan O'Connor Gorton | No | |
| Julie Owens Parramatta | No | |
| Alicia Payne Canberra | No | |
| Graham Perrett Moreton | No | |
| Fiona Phillips Gilmore | No | |
| Tanya Plibersek Sydney | No | |
| Amanda Rishworth Kingston | No | |
| Michelle Rowland Greenway | No | |
| Joanne Ryan Lalor | No | |
| Bill Shorten Maribyrnong | No | |
| Warren Snowdon Lingiari | No | |
| Anne Stanley Werriwa | No | |
| Meryl Swanson Paterson | No | |
| Susan Templeman Macquarie | No | |
| Matt Thistlethwaite Kingsford Smith | No | |
| Kate Thwaites Jagajaga | No | |
| Maria Vamvakinou Calwell | No | |
| Tim Watts Gellibrand | No | |
| Anika Wells Lilley | No | |
| Josh Wilson Fremantle | No | |
| Tony Zappia Makin | No | |
| Anthony Albanese Grayndler | Absent | |
| Anne Aly Cowan | Absent | |
| Sharon Bird Cunningham | Absent | |
| Anthony Byrne Holt | Absent | |
| Lisa Chesters Bendigo | Absent | |
| Jason Clare Blaxland | Absent | |
| Sharon Claydon Newcastle | Absent | |
| Mark Dreyfus Isaacs | Absent | |
| Luke Gosling Solomon | Absent | |
| Matt Keogh Burt | Absent | |
| Catherine King Ballarat | Absent | |
| Daniel Mulino Fraser | Absent | |
| Peta Murphy Dunkley | Absent | |
| Clare O'Neil Hotham | Absent | |
| David Smith Bean | Absent | |
| Rebekha Sharkie Mayo Centre Alliance | Yes | |
| Mark Coulton Parkes Deputy Speaker | Yes | |
| Craig Kelly Hughes Independent | Yes | |
| Zali Steggall Warringah Independent | Yes | |
| Helen Haines Indi Independent | No | |
| Andrew Wilkie Clark Independent | No | |
| Bob Katter Kennedy Katter's Australian Party | Absent | |
| Liberal National Party (100% turnout) | 5 Yes – 0 No | |
| Angie Bell Moncrieff | Yes | |
| Garth Hamilton Groom | Yes | |
| Julian Simmonds Ryan | Yes | |
| Phillip Thompson Herbert | Yes | |
| Terry Young Longman | Yes | |
| Liberal Party (80% turnout) | 43 Yes – 0 No | |
| John Alexander Bennelong | Yes | |
| Katie Allen Higgins | Yes | |
| Karen Andrews McPherson | Yes | |
| Kevin Andrews Menzies | Yes | |
| Bridget Archer Bass | Yes | |
| Vince Connelly Stirling | Yes | |
| Peter Dutton Dickson | Yes | |
| Warren Entsch Leichhardt | Yes | |
| Jason Falinski Mackellar | Yes | |
| Paul Fletcher Bradfield | Yes | |
| Nicolle Flint Boothby | Yes | |
| Josh Frydenberg Kooyong | Yes | |
| Celia Hammond Curtin | Yes | |
| Alex Hawke Mitchell | Yes | |
| Greg Hunt Flinders | Yes | |
| Steve Irons Swan | Yes | |
| Andrew Laming Bowman | Yes | |
| Julian Leeser Berowra | Yes | |
| Sussan Ley Farrer | Yes | |
| Gladys Liu Chisholm | Yes | |
| Fiona Martin Reid | Yes | |
| Melissa McIntosh Lindsay | Yes | |
| Scott Morrison Cook | Yes | |
| Ted O'Brien Fairfax | Yes | |
| Tony Pasin Barker | Yes | |
| Gavin Pearce Braddon | Yes | |
| Melissa Price Durack | Yes | |
| Rowan Ramsey Grey | Yes | |
| Stuart Robert Fadden | Yes | |
| Dave Sharma Wentworth | Yes | |
| James Stevens Sturt | Yes | |
| Michael Sukkar Deakin | Yes | |
| Angus Taylor Hume | Yes | |
| Dan Tehan Wannon | Yes | |
| Alan Tudge Aston | Yes | |
| Bert Van Manen Forde | Yes | |
| Ross Vasta Bonner | Yes | |
| Andrew Wallace Fisher | Yes | |
| Lucy Wicks Robertson | Yes | |
| Rick Wilson O'Connor | Yes | |
| Tim Wilson Goldstein | Yes | |
| Ken Wyatt Hasluck | Yes | |
| Trent Zimmerman North Sydney | Yes | |
| Russell Broadbent Monash | Absent | |
| Scott Buchholz Wright | Absent | |
| David Coleman Banks | Absent | |
| Trevor Evans Brisbane | Absent | |
| Ian Goodenough Moore | Absent | |
| Andrew Hastie Canning | Absent | |
| Luke Howarth Petrie | Absent | |
| Nola Marino Forrest | Absent | |
| Ben Morton Tangney | Absent | |
| Christian Porter Pearce | Absent | |
| Jason Wood La Trobe | Absent | |
| National Party (80% turnout) | 12 Yes – 0 No | |
| Darren Chester Gippsland | Yes | |
| George Christensen Dawson | Yes | |
| Pat Conaghan Cowper | Yes | |
| Damian Drum Nicholls | Yes | |
| Andrew Gee Calare | Yes | |
| David Gillespie Lyne | Yes | |
| Barnaby Joyce New England | Yes | |
| David Littleproud Maranoa | Yes | |
| Michael McCormack Riverina | Yes | |
| Ken O'Dowd Flynn | Yes | |
| Keith Pitt Hinkler | Yes | |
| Anne Webster Mallee | Yes | |
| Kevin Hogan Page | Absent | |
| Michelle Landry Capricornia | Absent | |
| Llew O'Brien Wide Bay | Absent | |
| Tony Smith Casey Speaker | Absent | |
| Totals (79% turnout) | 64 Yes – 56 No |
Turnout is the percentage of members eligible to vote that did vote.