Summary

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The majority voted in favour of disagreeing with amendments, which means they failed.

What do these amendments do?

Fadden MP Stuart Robert (Liberal), who introduced the amendments, explained that:

Amendments (1) and (3) effectively excise schedule 5 from the Treasury Laws Amendment (2022 Measures No. 3) Bill 2022. That is the measure that allows faith based super funds to not have to meet the requirements of the benchmark that was put in place under the Your Future, Your Super legislative changes. We do that quite soberly. If we look through at the benchmark requirements that this parliament passed, it requires super funds to meet basic benchmarks of performance. If they do not, then of course they are named and they will need to inform their members that their fund is not performing to those benchmarks. If they fail a second time they are no longer able to receive contributions that are mandatory and therefore they can't be a MySuper regulated fund. This has already occurred once. Thirteen funds failed, and they all quite rightly sought to merge with other funds. Quite recently five other funds have also been named for underperformance.

It's not as if these benchmarks are onerous.

Whitlam MP Stephen Jones (Labor) disagreed, saying that:

Let me explain what the government is proposing to do and why the member for Fadden has just misled the House. There are fewer than five faith based funds in the country, and they are set up with a specific investment mandate. They say, 'If you join our fund, you can be assured that your funds are going to be invested in accordance with your religious and your faith based precepts.' Just putting the word 'Catholic' in your name does not make you a faith-based investment fund. Just putting the word 'Presbyterian' in your name does not make you a faith based fund. Putting the word 'Anglican' in your name does not make you a faith based fund. What makes you a faith-based investment fund is if your investment mandate specifically says, 'We are going to invest members' money in accordance with our faith based principles.'

Amendment text

(1) Clause 2, page 2 (table item 5), omit the table item.

(3) Schedule 5, page 14 (line 1) to page 19 (line 14), omit the Schedule.

Votes Passed by a small majority

Nobody rebelled against their party.

Party Votes
Australian Greens (0% turnout) Absent
Adam Bandt Melbourne Absent
Stephen Bates Brisbane Absent
Max Chandler-Mather Griffith Absent
Elizabeth Watson-Brown Ryan Absent
Australian Labor Party (97% turnout) 74 Yes 0 No
Anthony Albanese Grayndler Yes
Anne Aly Cowan Yes
Michelle Ananda-Rajah Higgins Yes
Chris Bowen McMahon Yes
Tony Burke Watson Yes
Matt Burnell Spence Yes
Linda Burney Barton Yes
Josh Burns Macnamara Yes
Mark Butler Hindmarsh Yes
Alison Byrnes Cunningham Yes
Jim Chalmers Rankin Yes
Andrew Charlton Parramatta Yes
Lisa Chesters Bendigo Yes
Jason Clare Blaxland Yes
Sharon Claydon Newcastle Yes
Libby Coker Corangamite Yes
Julie Collins Franklin Yes
Pat Conroy Shortland Yes
Mark Dreyfus Isaacs Yes
Justine Elliot Richmond Yes
Cassandra Fernando Holt Yes
Carina Garland Chisholm Yes
Steve Georganas Adelaide Yes
Andrew Giles Scullin Yes
Patrick Gorman Perth Yes
Luke Gosling Solomon Yes
Julian Hill Bruce Yes
Ed Husic Chifley Yes
Stephen Jones Whitlam Yes
Ged Kearney Cooper Yes
Matt Keogh Burt Yes
Peter Khalil Wills Yes
Catherine King Ballarat Yes
Madeleine King Brand Yes
Tania Lawrence Hasluck Yes
Jerome Laxale Bennelong Yes
Andrew Leigh Fenner Yes
Sam Lim Tangney Yes
Richard Marles Corio Yes
Zaneta Mascarenhas Swan Yes
Kristy McBain Eden-Monaro Yes
Emma McBride Dobell Yes
Louise Miller-Frost Boothby Yes
Brian Mitchell Lyons Yes
Rob Mitchell McEwen Yes
Daniel Mulino Fraser Yes
Shayne Neumann Blair Yes
Brendan O'Connor Gorton Yes
Clare O'Neil Hotham Yes
Alicia Payne Canberra Yes
Graham Perrett Moreton Yes
Fiona Phillips Gilmore Yes
Tanya Plibersek Sydney Yes
Sam Rae Hawke Yes
Gordon Reid Robertson Yes
Dan Repacholi Hunter Yes
Amanda Rishworth Kingston Yes
Tracey Roberts Pearce Yes
Michelle Rowland Greenway Yes
Joanne Ryan Lalor Yes
Marion Scrymgour Lingiari Yes
Bill Shorten Maribyrnong Yes
Sally Sitou Reid Yes
David Smith Bean Yes
Anne Stanley Werriwa Yes
Meryl Swanson Paterson Yes
Susan Templeman Macquarie Yes
Matt Thistlethwaite Kingsford Smith Yes
Kate Thwaites Jagajaga Yes
Maria Vamvakinou Calwell Yes
Tim Watts Gellibrand Yes
Anika Wells Lilley Yes
Josh Wilson Fremantle Yes
Tony Zappia Makin Yes
Mike Freelander Macarthur Absent
Peta Murphy Dunkley Absent
Rebekha Sharkie Mayo Centre Alliance No
Mark Coulton Parkes Deputy Speaker No
Kate Chaney Curtin Independent Yes
Zoe Daniel Goldstein Independent Yes
Helen Haines Indi Independent Yes
Monique Ryan Kooyong Independent Yes
Sophie Scamps Mackellar Independent Yes
Allegra Spender Wentworth Independent Yes
Zali Steggall Warringah Independent Yes
Kylea Tink North Sydney Independent Yes
Andrew Wilkie Clark Independent Yes
Dai Le Fowler Independent No
Bob Katter Kennedy Katter's Australian Party Absent
Liberal National Party (100% turnout) 0 Yes 8 No
Angie Bell Moncrieff No
Colin Boyce Flynn No
Garth Hamilton Groom No
Henry Pike Bowman No
Phillip Thompson Herbert No
Andrew Wallace Fisher No
Andrew Willcox Dawson No
Terry Young Longman No
Liberal Party (94% turnout) 0 Yes 34 No
Karen Andrews McPherson No
Russell Broadbent Monash No
Scott Buchholz Wright No
David Coleman Banks No
Peter Dutton Dickson No
Warren Entsch Leichhardt No
Paul Fletcher Bradfield No
Ian Goodenough Moore No
Andrew Hastie Canning No
Luke Howarth Petrie No
Julian Leeser Berowra No
Sussan Ley Farrer No
Nola Marino Forrest No
Melissa McIntosh Lindsay No
Zoe McKenzie Flinders No
Scott Morrison Cook No
Ted O'Brien Fairfax No
Tony Pasin Barker No
Gavin Pearce Braddon No
Melissa Price Durack No
Rowan Ramsey Grey No
Stuart Robert Fadden No
James Stevens Sturt No
Michael Sukkar Deakin No
Angus Taylor Hume No
Dan Tehan Wannon No
Alan Tudge Aston No
Bert Van Manen Forde No
Ross Vasta Bonner No
Aaron Violi Casey No
Jenny Ware Hughes No
Rick Wilson O'Connor No
Keith Wolahan Menzies No
Jason Wood La Trobe No
Bridget Archer Bass Absent
Alex Hawke Mitchell Absent
National Party (85% turnout) 0 Yes 11 No
Sam Birrell Nicholls No
Pat Conaghan Cowper No
Andrew Gee Calare No
David Gillespie Lyne No
Kevin Hogan Page No
Barnaby Joyce New England No
Michelle Landry Capricornia No
David Littleproud Maranoa No
Michael McCormack Riverina No
Keith Pitt Hinkler No
Anne Webster Mallee No
Darren Chester Gippsland Absent
Llew O'Brien Wide Bay Absent
Milton Dick Oxley Speaker Absent
Totals (92% turnout) 83 Yes – 56 No