Summary

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The majority voted against Labor amendments, which means they failed and won't form part of the bill.

What does this bill do?

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

  • provide that if a new employee has an existing 'stapled' superannuation fund and does not choose a fund to receive contributions, their employer is required to make contributions on behalf of the employee into the stapled fund; and ensure that employers are not in breach of various rules, or are not liable for superannuation guarantee charge, in certain circumstances;
  • require the Australian Prudential Regulation Authority to conduct an annual performance test for MySuper products and other products to be specified in regulations;
  • require trustees of registrable superannuation entities and self managed superannuation funds and directors of the corporate trustee of a registrable superannuation entity to perform their duties and exercise their powers in the best financial interests of the beneficiaries;
  • reverse the evidential burden of proof for the best financial interests duty so that the onus is on the trustee of a registrable superannuation entity;
  • allow regulations to be made to prohibit certain payments made by trustees of registrable superannuation entities and prescribe additional requirements on trustees and directors of trustee companies of registrable superannuation entities;
  • allow contraventions of record-keeping obligations specified in regulations to be subject to a strict liability offence; and
  • remove an exemption from disclosing information about certain investments under the portfolio holdings disclosure rules.

Votes Not passed by a small majority

Nobody rebelled against their party.

Party Votes
Australian Greens (100% turnout) 9 Yes 0 No
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
Lidia Thorpe Victoria Yes
Larissa Waters Queensland Yes
Peter Whish-Wilson Tasmania Yes
Australian Labor Party (76% turnout) 19 Yes 0 No
Tim Ayres NSW Yes
Carol Brown Tasmania Yes
Kim Carr Victoria Yes
Anthony Chisholm Queensland Yes
Raff Ciccone Victoria Yes
Patrick Dodson WA Yes
Alex Gallacher SA Yes
Nita Green Queensland Yes
Jenny McAllister NSW Yes
Malarndirri McCarthy NT Yes
Deborah O'Neill NSW Yes
Helen Polley Tasmania Yes
Louise Pratt WA Yes
Tony Sheldon NSW Yes
Glenn Sterle WA Yes
Anne Urquhart Tasmania Yes
Jess Walsh Victoria Yes
Murray Watt Queensland Yes
Penny Wong SA Yes
Catryna Bilyk Tasmania Absent
Don Farrell SA Absent
Katy Gallagher ACT Absent
Kristina Keneally NSW Absent
Kimberley Kitching Victoria Absent
Marielle Smith SA Absent
Stirling Griff SA Centre Alliance Absent
Sam McMahon NT Country Liberal Party Absent
Sue Lines WA Deputy President Yes
Rex Patrick SA Independent Yes
Jacqui Lambie Tasmania Jacqui Lambie Network No
Liberal National Party (100% turnout) 0 Yes 2 No
Matthew Canavan Queensland No
James McGrath Queensland No
Liberal Party (86% turnout) 0 Yes 25 No
Eric Abetz Tasmania No
Alex Antic SA No
Simon Birmingham SA No
Andrew Bragg NSW No
Slade Brockman WA No
Michaelia Cash WA No
Claire Chandler Tasmania No
Richard Colbeck Tasmania No
Jonathon Duniam Tasmania No
David Fawcett SA No
Concetta Fierravanti-Wells NSW No
Sarah Henderson Victoria No
Hollie Hughes NSW No
Jane Hume Victoria No
Andrew McLachlan SA No
Matt O'Sullivan WA No
James Paterson Victoria No
Linda Reynolds WA No
Anne Ruston SA No
Paul Scarr Queensland No
Zed Seselja ACT No
Ben Small WA No
Dean Smith WA No
Amanda Stoker Queensland No
David Van Victoria No
Wendy Askew Tasmania Absent
Jim Molan NSW Absent
Marise Payne NSW Absent
Gerard Rennick Queensland Absent
National Party (100% turnout) 0 Yes 3 No
Perin Davey NSW No
Susan McDonald Queensland No
Bridget McKenzie Victoria No
Pauline Hanson's One Nation Party (100% turnout) 0 Yes 2 No
Pauline Hanson Queensland No
Malcolm Roberts Queensland No
Scott Ryan Victoria President No
Totals (84% turnout) 30 Yes – 34 No