3rd Jun 2021, 5:13 PM – Representatives Treasury Laws Amendment (Your Future, Your Super) Bill 2021 - Third Reading - Pass the bill
Summary
EditThe majority voted in favour of a motion to pass the bill in the House of Representatives, which is parliamentary jargon for reading it a third time. This means that the bill will now go to the Senate for their consideration.
What does the bill do?
According to the bill homepage, the bill was introduced to:
- provide that if a new employee has an existing 'stapled' superannuation fund and does not choose a fund to receive contributions, their employer is required to make contributions on behalf of the employee into the stapled fund; and ensure that employers are not in breach of various rules, or are not liable for superannuation guarantee charge, in certain circumstances;
- require the Australian Prudential Regulation Authority to conduct an annual performance test for MySuper products and other products to be specified in regulations;
- require trustees of registrable superannuation entities and self managed superannuation funds and directors of the corporate trustee of a registrable superannuation entity to perform their duties and exercise their powers in the best financial interests of the beneficiaries;
- reverse the evidential burden of proof for the best financial interests duty so that the onus is on the trustee of a registrable superannuation entity;
- allow regulations to be made to prohibit certain payments made by trustees of registrable superannuation entities and prescribe additional requirements on trustees and directors of trustee companies of registrable superannuation entities;
- allow contraventions of record-keeping obligations specified in regulations to be subject to a strict liability offence; and
- remove an exemption from disclosing information about certain investments under the portfolio holdings disclosure rules.
Votes Passed by a small majority
Nobody rebelled against their party.
Party | Votes | |
---|---|---|
Adam Bandt Melbourne Australian Greens | No | |
Australian Labor Party (84% turnout) | 0 Yes – 57 No | |
Anne Aly Cowan | No | |
Sharon Bird Cunningham | 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 | |
Anthony Byrne Holt | No | |
Jim Chalmers Rankin | No | |
Jason Clare Blaxland | No | |
Sharon Claydon Newcastle | No | |
Libby Coker Corangamite | No | |
Julie Collins Franklin | No | |
Pat Conroy Shortland | No | |
Milton Dick Oxley | No | |
Mark Dreyfus Isaacs | No | |
Justine Elliot Richmond | No | |
Mike Freelander Macarthur | No | |
Steve Georganas Adelaide | No | |
Andrew Giles Scullin | No | |
Patrick Gorman Perth | No | |
Luke Gosling Solomon | No | |
Chris Hayes Fowler | No | |
Julian Hill Bruce | No | |
Ed Husic Chifley | No | |
Stephen Jones Whitlam | No | |
Ged Kearney Cooper | No | |
Matt Keogh Burt | No | |
Peter Khalil Wills | No | |
Catherine King Ballarat | 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 | |
Peta Murphy Dunkley | 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 | |
David Smith Bean | No | |
Warren Snowdon Lingiari | No | |
Anne Stanley Werriwa | No | |
Meryl Swanson Paterson | No | |
Susan Templeman Macquarie | No | |
Matt Thistlethwaite Kingsford Smith | No | |
Tim Watts Gellibrand | No | |
Anika Wells Lilley | No | |
Josh Wilson Fremantle | No | |
Tony Zappia Makin | No | |
Anthony Albanese Grayndler | Absent | |
Nick Champion Spence | Absent | |
Lisa Chesters Bendigo | Absent | |
Joel Fitzgibbon Hunter | Absent | |
Rob Mitchell McEwen | Absent | |
Daniel Mulino Fraser | Absent | |
Shayne Neumann Blair | Absent | |
Brendan O'Connor Gorton | Absent | |
Clare O'Neil Hotham | Absent | |
Kate Thwaites Jagajaga | Absent | |
Maria Vamvakinou Calwell | Absent | |
Rebekha Sharkie Mayo Centre Alliance | Yes | |
Mark Coulton Parkes Deputy Speaker | Yes | |
Helen Haines Indi Independent | No | |
Craig Kelly Hughes Independent | No | |
Zali Steggall Warringah Independent | No | |
Andrew Wilkie Clark Independent | No | |
Bob Katter Kennedy Katter's Australian Party | Yes | |
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 (81% turnout) | 44 Yes – 0 No | |
John Alexander Bennelong | Yes | |
Katie Allen Higgins | Yes | |
Karen Andrews McPherson | Yes | |
Kevin Andrews Menzies | Yes | |
Bridget Archer Bass | Yes | |
Russell Broadbent Monash | Yes | |
Scott Buchholz Wright | Yes | |
David Coleman Banks | Yes | |
Vince Connelly Stirling | Yes | |
Peter Dutton Dickson | Yes | |
Paul Fletcher Bradfield | Yes | |
Nicolle Flint Boothby | Yes | |
Josh Frydenberg Kooyong | Yes | |
Celia Hammond Curtin | Yes | |
Andrew Hastie Canning | Yes | |
Alex Hawke Mitchell | Yes | |
Luke Howarth Petrie | Yes | |
Greg Hunt Flinders | Yes | |
Steve Irons Swan | Yes | |
Andrew Laming Bowman | Yes | |
Sussan Ley Farrer | Yes | |
Gladys Liu Chisholm | Yes | |
Nola Marino Forrest | Yes | |
Fiona Martin Reid | Yes | |
Melissa McIntosh Lindsay | Yes | |
Ben Morton Tangney | Yes | |
Ted O'Brien Fairfax | Yes | |
Tony Pasin Barker | Yes | |
Gavin Pearce Braddon | Yes | |
Christian Porter Pearce | Yes | |
Melissa Price Durack | Yes | |
Rowan Ramsey Grey | Yes | |
Stuart Robert Fadden | Yes | |
Dave Sharma Wentworth | Yes | |
Michael Sukkar Deakin | Yes | |
Angus Taylor Hume | Yes | |
Dan Tehan Wannon | Yes | |
Alan Tudge Aston | Yes | |
Bert Van Manen Forde | Yes | |
Andrew Wallace Fisher | Yes | |
Rick Wilson O'Connor | Yes | |
Tim Wilson Goldstein | Yes | |
Ken Wyatt Hasluck | Yes | |
Trent Zimmerman North Sydney | Yes | |
Warren Entsch Leichhardt | Absent | |
Trevor Evans Brisbane | Absent | |
Jason Falinski Mackellar | Absent | |
Ian Goodenough Moore | Absent | |
Julian Leeser Berowra | Absent | |
Scott Morrison Cook | Absent | |
James Stevens Sturt | Absent | |
Ross Vasta Bonner | Absent | |
Lucy Wicks Robertson | Absent | |
Jason Wood La Trobe | Absent | |
National Party (93% turnout) | 14 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 | |
Kevin Hogan Page | Yes | |
Barnaby Joyce New England | Yes | |
Michelle Landry Capricornia | Yes | |
David Littleproud Maranoa | Yes | |
Michael McCormack Riverina | Yes | |
Ken O'Dowd Flynn | Yes | |
Keith Pitt Hinkler | Yes | |
Anne Webster Mallee | Yes | |
Llew O'Brien Wide Bay | Absent | |
Tony Smith Casey Speaker | Absent | |
Totals (85% turnout) | 66 Yes – 62 No |
Turnout is the percentage of members eligible to vote that did vote.