Summary

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Senator Leyonhjelm moved:

That the Senate recognises that:

(a) the Commonwealth Government's net worth is negative (that is, negative $229 billion in 2014-15, according to the Mid-Year Economic and Fiscal Outlook), indicating That the value of liabilities being left for future generations exceeds the value of assets;

(b) budget surpluses improve the Commonwealth Government's net worth;

(c) it is prudent to achieve budget surpluses on average over the medium term; and

(d) based on the expectations for economic growth and commodity prices set out in the Mid-Year Economic and Fiscal Outlook, it would be prudent to achieve budget surpluses at least by 2019-20.

Votes Passed by a small majority

Nobody rebelled against their party.

Party Votes
Australian Greens (100% turnout) 0 Yes 10 No
Richard Di Natale Victoria No
Sarah Hanson-Young SA No
Scott Ludlam WA No
Christine Milne Tasmania No
Lee Rhiannon NSW No
Janet Rice Victoria No
Rachel Siewert WA No
Larissa Waters Queensland No
Peter Whish-Wilson Tasmania No
Penny Wright SA No
Australian Labor Party (78% turnout) 0 Yes 18 No
Catryna Bilyk Tasmania No
Joe Bullock WA No
Doug Cameron NSW No
Kim Carr Victoria No
Jacinta Collins Victoria No
Sam Dastyari NSW No
Alex Gallacher SA No
Chris Ketter Queensland No
Sue Lines WA No
Joe Ludwig Queensland No
Anne McEwen SA No
Jan McLucas Queensland No
Claire Moore Queensland No
Deborah O'Neill NSW No
Nova Peris NT No
Helen Polley Tasmania No
Lisa Singh Tasmania No
Anne Urquhart Tasmania No
Carol Brown Tasmania Absent
Stephen Conroy Victoria Absent
Kate Lundy ACT Absent
Glenn Sterle WA Absent
Penny Wong SA Absent
Ricky Muir Victoria Australian Motoring Enthusiast Party Yes
Nigel Scullion NT Country Liberal Party Yes
Gavin Marshall Victoria Deputy President No
Bob Day SA Family First Party Yes
John Madigan Victoria Independent Yes
Jacqui Lambie Tasmania Independent Absent
David Leyonhjelm NSW Liberal Democratic Party Yes
Liberal National Party (100% turnout) 2 Yes 0 No
Matthew Canavan Queensland Yes
James McGrath Queensland Yes
Liberal Party (80% turnout) 20 Yes 0 No
Christopher Back WA Yes
Cory Bernardi SA Yes
Simon Birmingham SA Yes
David Bushby Tasmania Yes
Michaelia Cash WA Yes
Sean Edwards SA Yes
David Fawcett SA Yes
Concetta Fierravanti-Wells NSW Yes
Mitch Fifield Victoria Yes
Bill Heffernan NSW Yes
David Johnston WA Yes
Ian Macdonald Queensland Yes
Marise Payne NSW Yes
Linda Reynolds WA Yes
Michael Ronaldson Victoria Yes
Anne Ruston SA Yes
Scott Ryan Victoria Yes
Zed Seselja ACT Yes
Arthur Sinodinos NSW Yes
Dean Smith WA Yes
Eric Abetz Tasmania Absent
George Brandis Queensland Absent
Richard Colbeck Tasmania Absent
Mathias Cormann WA Absent
Brett Mason Queensland Absent
National Party (100% turnout) 4 Yes 0 No
Bridget McKenzie Victoria Yes
Fiona Nash NSW Yes
Barry O'Sullivan Queensland Yes
John Williams NSW Yes
Nick Xenophon SA Nick Xenophon Team Absent
Palmer United Party (100% turnout) 0 Yes 2 No
Glenn Lazarus Queensland No
Dio Wang WA No
Stephen Parry Tasmania President Yes
Totals (84% turnout) 32 Yes – 31 No