The majority voted in favour of a motion to agree with the Senate's amendment. This means that the final form of the bill has now been agreed by both the House of Representatives and the Senate and so will now become law.

There was one rebel voter, with Bass MP Bridget Archer (Liberal) crossing the floor to vote "Yes" against the rest of her party.

What does this amendment do?

According to the relevant explanatory memorandum:

The amendment enables the Minister to make directions in the NHFIC IM [National Housing Finance and Investment Corporation Investment Mandate Direction 2018] to specifically exclude certain types of liabilities or loans from the application of section 48 of the NHFIC Act [National Housing Finance and Investment Corporation Act 2018]. The intention is to enable the exclusion, where appropriate, of liabilities or loans arising from the Housing Australia Future Fund and other housing programs from the application of section 48. This will allow the NHFIC [National Housing Finance and Investment Corporation] to administer housing programs which involve entering into long-term payment obligations and where the funding for those programs is appropriated by government.

The amendment inserts a new item 12A into Schedule 2 of the Amendment Bill. The amendment adds a new subsection to section 48 clarifying that the NHFIC IM may include a direction that the Board must exclude certain types of liabilities or loans when it considers whether the NHFIC has sufficient capital and reserves. In effect, this will allow the NHFIC to administer programs involving these specific types of liabilities and loans, and not be required to hold capital and reserves against those exposures.

What does the bill do?

According to the bills digest (which is prepared by the parliamentary library):

The National Housing Finance and Investment Corporation (NHFIC) is to be renamed Housing Australia by amendments proposed in the Treasury Laws Amendment (Housing Measures No. 1) Bill 2023 (the Amendment Bill). The Amendment Bill also extends the Commonwealth guarantee currently held for the NHFIC from 1 July 2023 to 1 July 2028. In addition, a series of consequential amendments are made to reflect this name change across 2 other Commonwealth Acts and to 8 further Acts to assist in the operation of the HAFF [Housing Australia Future Fund].

Votes Passed by a small majority

There was 1 rebellion in this division.

Party Votes
Australian Greens (100% turnout) 4 Yes 0 No
Adam Bandt Melbourne Yes
Stephen Bates Brisbane Yes
Max Chandler-Mather Griffith Yes
Elizabeth Watson-Brown Ryan Yes
Australian Labor Party (97% turnout) 75 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
Mary Doyle Aston Yes
Mark Dreyfus Isaacs Yes
Justine Elliot Richmond Yes
Cassandra Fernando Holt Yes
Mike Freelander Macarthur 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
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
Daniel Mulino Fraser Yes
Peta Murphy Dunkley 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
Madeleine King Brand Absent
Rob Mitchell McEwen Absent
Rebekha Sharkie Mayo Centre Alliance Yes
Mark Coulton Parkes Deputy Speaker No
Kate Chaney Curtin Independent Yes
Zoe Daniel Goldstein Independent Yes
Andrew Gee Calare Independent Yes
Helen Haines Indi Independent Yes
Dai Le Fowler 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
Bob Katter Kennedy Katter's Australian Party Absent
Liberal National Party (78% turnout) 0 Yes 7 No
Angie Bell Moncrieff No
Colin Boyce Flynn No
Cameron Caldwell Fadden No
Garth Hamilton Groom No
Henry Pike Bowman No
Andrew Willcox Dawson No
Terry Young Longman No
Phillip Thompson Herbert Absent
Andrew Wallace Fisher Absent
Liberal Party (91% turnout) 1 Yes 30 No
Bridget Archer Bass Yes
Karen Andrews McPherson No
Russell Broadbent Monash 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
Alex Hawke Mitchell 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
James Stevens Sturt No
Michael Sukkar Deakin No
Angus Taylor Hume No
Dan Tehan Wannon 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
Scott Buchholz Wright Absent
Luke Howarth Petrie Absent
Jason Wood La Trobe Absent
National Party (83% turnout) 0 Yes 10 No
Sam Birrell Nicholls No
Darren Chester Gippsland No
Pat Conaghan Cowper No
David Gillespie Lyne No
Kevin Hogan Page No
Michelle Landry Capricornia No
Michael McCormack Riverina No
Llew O'Brien Wide Bay No
Keith Pitt Hinkler No
Anne Webster Mallee No
Barnaby Joyce New England Absent
David Littleproud Maranoa Absent
Milton Dick Oxley Speaker Absent
Totals (93% turnout) 92 Yes – 48 No