Summary

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The majority voted in favour of a motion introduced by Greens Senator Peter Whish-Wilson, which means the words below will be added to the usual second reading motion "that the bill be read a second time" (which is parliamentary jargon for "that the main idea of the bill be agreed to").

Motion text

At the end of the motion, add "but the Senate:

(a) notes that:

(i) the explanatory memorandum to the Anti-Money Laundering and Counter-Terrorism Financing Bill 2006 forecast a second tranche of legislation that would regulate real estate agents, jewellers, and a range of non-financial transactions provided by accountants and lawyers,

(ii) in April 2016, the Government released the statutory review of the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 that contained a recommendation for the Government to develop options for regulating lawyers, conveyancers, accountants, high-value dealers, real estate agents and trust and company service providers under the Act,

(iii) the Government commenced consultation on the regulation of lawyers, conveyancers, accountants, high-value dealers, real estate agents and trust and company service providers under the Act, and submissions to this consultation closed in January 2017,

(iv) the Financial Action Task Force's April 2015 Mutual Evaluation Report on Australia's measures to combat money laundering and terrorist financing stated that Australia is an attractive destination for foreign proceeds of crime, particularly corruption-related proceeds flowing into real estate, and

(v) the December 2017 OECD Phase 4 Report on Australia's implementation of the OECD Anti-Bribery Convention recommended that Australia address the risk that the real estate sector could be used to launder the proceeds of foreign bribery; and

(b) calls on the Government to introduce legislation that would address money laundering through real estate".

What is the bill's main idea?

According to the bill digest:

The purpose of the Bill is ... to introduce:

criminal offences for the production, distribution, possession and use of electronic sales suppression tools (ESS tool) which are used to falsify tax records created by electronic point of sale systems and

administrative penalties corresponding to the criminal offences and

reporting obligations on entities that provide a courier or cleaning service and engage other entities to perform a courier or cleaning service on their behalf.

Votes Passed by a small majority

Nobody rebelled against their party.

Party Votes
Cory Bernardi SA Australian Conservatives Absent
Australian Greens (100% turnout) 9 Yes 0 No
Richard Di Natale Victoria Yes
Mehreen Faruqi NSW Yes
Sarah Hanson-Young SA Yes
Nick McKim Tasmania Yes
Janet Rice Victoria Yes
Rachel Siewert WA Yes
Jordon Steele-John WA Yes
Larissa Waters Queensland Yes
Peter Whish-Wilson Tasmania Yes
Australian Labor Party (80% turnout) 20 Yes 0 No
Catryna Bilyk Tasmania Yes
Carol Brown Tasmania Yes
Kim Carr Victoria Yes
Anthony Chisholm Queensland Yes
Patrick Dodson WA Yes
Don Farrell SA Yes
Alex Gallacher SA Yes
Kristina Keneally NSW Yes
Chris Ketter Queensland Yes
Gavin Marshall Victoria Yes
Jenny McAllister NSW Yes
Malarndirri McCarthy NT Yes
Claire Moore Queensland Yes
Deborah O'Neill NSW Yes
Helen Polley Tasmania Yes
Louise Pratt WA Yes
Lisa Singh Tasmania Yes
David Smith ACT Yes
Anne Urquhart Tasmania Yes
Murray Watt Queensland Yes
Doug Cameron NSW Absent
Jacinta Collins Victoria Absent
Kimberley Kitching Victoria Absent
Glenn Sterle WA Absent
Penny Wong SA Absent
Centre Alliance (100% turnout) 2 Yes 0 No
Stirling Griff SA Yes
Rex Patrick SA Yes
Nigel Scullion NT Country Liberal Party No
Derryn Hinch Victoria Derryn Hinch's Justice Party Yes
Sue Lines WA Deputy President Absent
Lucy Gichuhi SA Independent No
Steve Martin Tasmania Independent No
Tim Storer SA Independent Absent
Fraser Anning Queensland Katter's Australian Party No
David Leyonhjelm NSW Liberal Democratic Party No
Liberal National Party (0.0% turnout) Absent
Matthew Canavan Queensland Absent
James McGrath Queensland Absent
Liberal Party (86% turnout) 0 Yes 19 No
Eric Abetz Tasmania No
Simon Birmingham SA No
David Bushby Tasmania No
Michaelia Cash WA No
Richard Colbeck Tasmania No
Jonathon Duniam Tasmania No
David Fawcett SA No
Concetta Fierravanti-Wells NSW No
Mitch Fifield Victoria No
Jane Hume Victoria No
Ian Macdonald Queensland No
Jim Molan NSW No
James Paterson Victoria No
Marise Payne NSW No
Linda Reynolds WA No
Anne Ruston SA No
Zed Seselja ACT No
Dean Smith WA No
Amanda Stoker Queensland No
Slade Brockman WA Absent
Mathias Cormann WA Absent
Arthur Sinodinos NSW Absent
National Party (67% turnout) 0 Yes 2 No
Bridget McKenzie Victoria No
John Williams NSW No
Barry O'Sullivan Queensland Absent
Pauline Hanson's One Nation Party (100% turnout) 0 Yes 2 No
Peter Georgiou WA No
Pauline Hanson Queensland No
Scott Ryan Victoria President No
Brian Burston NSW United Australia Party Absent
Totals (80% turnout) 32 Yes – 29 No