Summary

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The majority voted in favour of the main idea of the bill. In parliamentary jargon, they voted to read the bill for a second time. Because this vote was successful, they'll now discuss the bill in more detail.

What is the bill's main idea?

According to the bill's homepage, the bill was introduced to:

  • establish the First Home Loan Deposit Scheme which will enable the National Housing Finance and Investment Corporation (NHFIC) to provide a limited guarantee to allow first home buyers to purchase a home with a minimum deposit of 5 per cent of the property purchase price; and
  • enable the NHFIC to undertake research into housing affordability in Australia, including housing supply and demand.

This bill addresses the issue of housing affordability, though there was some debate in the Senate about whether it would assist Australians struggling to buy there own homes or whether it would simply add to the problem by inducing more demand and adding to the re-inflation of Australia's property market. Read the debate to draw your own conclusions.

Votes Passed by a modest majority

Nobody rebelled against their party.

Party Votes
Cory Bernardi SA Australian Conservatives Absent
Australian Greens (89% turnout) 0 Yes 8 No
Richard Di Natale Victoria No
Mehreen Faruqi NSW No
Sarah Hanson-Young SA No
Nick McKim Tasmania No
Rachel Siewert WA No
Jordon Steele-John WA No
Larissa Waters Queensland No
Peter Whish-Wilson Tasmania No
Janet Rice Victoria Absent
Australian Labor Party (56% turnout) 14 Yes 0 No
Catryna Bilyk Tasmania Yes
Raff Ciccone Victoria Yes
Patrick Dodson WA Yes
Don Farrell SA Yes
Alex Gallacher SA Yes
Katy Gallagher ACT Yes
Nita Green Queensland Yes
Malarndirri McCarthy NT Yes
Louise Pratt WA Yes
Tony Sheldon NSW Yes
Marielle Smith SA Yes
Anne Urquhart Tasmania Yes
Jess Walsh Victoria Yes
Murray Watt Queensland Yes
Tim Ayres NSW Absent
Carol Brown Tasmania Absent
Kim Carr Victoria Absent
Anthony Chisholm Queensland Absent
Kristina Keneally NSW Absent
Kimberley Kitching Victoria Absent
Jenny McAllister NSW Absent
Deborah O'Neill NSW Absent
Helen Polley Tasmania Absent
Glenn Sterle WA Absent
Penny Wong SA Absent
Centre Alliance (50% turnout) 1 Yes 0 No
Rex Patrick SA Yes
Stirling Griff SA Absent
Sam McMahon NT Country Liberal Party Yes
Sue Lines WA Deputy President Yes
Jacqui Lambie Tasmania Jacqui Lambie Network Yes
Liberal National Party (50% turnout) 1 Yes 0 No
James McGrath Queensland Yes
Matthew Canavan Queensland Absent
Liberal Party (68% turnout) 19 Yes 0 No
Eric Abetz Tasmania Yes
Alex Antic SA Yes
Wendy Askew Tasmania Yes
Andrew Bragg NSW Yes
Slade Brockman WA Yes
Claire Chandler Tasmania Yes
Richard Colbeck Tasmania Yes
Jonathon Duniam Tasmania Yes
Sarah Henderson Victoria Yes
Hollie Hughes NSW Yes
Jane Hume Victoria Yes
Matt O'Sullivan WA Yes
Gerard Rennick Queensland Yes
Linda Reynolds WA Yes
Paul Scarr Queensland Yes
Arthur Sinodinos NSW Yes
Dean Smith WA Yes
Amanda Stoker Queensland Yes
David Van Victoria Yes
Simon Birmingham SA Absent
Michaelia Cash WA Absent
Mathias Cormann WA Absent
David Fawcett SA Absent
Concetta Fierravanti-Wells NSW Absent
James Paterson Victoria Absent
Marise Payne NSW Absent
Anne Ruston SA Absent
Zed Seselja ACT Absent
National Party (67% turnout) 2 Yes 0 No
Perin Davey NSW Yes
Susan McDonald Queensland Yes
Bridget McKenzie Victoria Absent
Pauline Hanson's One Nation Party (0.0% turnout) Absent
Pauline Hanson Queensland Absent
Malcolm Roberts Queensland Absent
Scott Ryan Victoria President Absent
Totals (63% turnout) 40 Yes – 8 No