21st Oct 2021, 5:57 PM – Senate Financial Sector Reform (Hayne Royal Commission Response — Better Advice) Bill 2021 - Second Reading - Keep usual motion unchanged
Summary
EditThe majority voted against an amendment introduced by ACT Senator Katy Gallagher (Labor), which means it failed. The amendment would have added the text below to the usual second reading motion. A second reading motion is "that the bill be read a second time," which is parliamentary jargon for agreeing with the main idea of the bill.
Amendment text
At the end of the motion, add ", but the Senate notes the Government has:
(a) failed to effectively deliver professional standards reform in the financial advice sector;
(b) been too slow to implement the findings of the Hayne Royal Commission;
(c) established and then shut down the failed Financial Adviser Standards and Ethics Authority;
(d) failed to adequately protect consumers; and
(e) caused uncertainty and unnecessary costs for thousands of financial advisers across Australia".
Votes Not passed by a small majority
Nobody rebelled against their party.
| Party | Votes | |
|---|---|---|
| Australian Greens (56% turnout) | 5 Yes – 0 No | |
| Dorinda Cox WA | Yes | |
| Mehreen Faruqi NSW | Yes | |
| Sarah Hanson-Young SA | Yes | |
| Nick McKim Tasmania | Yes | |
| Janet Rice Victoria | Yes | |
| Jordon Steele-John WA | Absent | |
| Lidia Thorpe Victoria | Absent | |
| Larissa Waters Queensland | Absent | |
| Peter Whish-Wilson Tasmania | Absent | |
| Australian Labor Party (56% turnout) | 14 Yes – 0 No | |
| Tim Ayres NSW | Yes | |
| Kim Carr Victoria | Yes | |
| Anthony Chisholm Queensland | Yes | |
| Raff Ciccone Victoria | Yes | |
| Don Farrell SA | Yes | |
| Nita Green Queensland | Yes | |
| Karen Grogan SA | Yes | |
| Kristina Keneally NSW | Yes | |
| Jenny McAllister NSW | Yes | |
| Deborah O'Neill NSW | Yes | |
| Louise Pratt WA | Yes | |
| Tony Sheldon NSW | Yes | |
| Anne Urquhart Tasmania | Yes | |
| Murray Watt Queensland | Yes | |
| Catryna Bilyk Tasmania | Absent | |
| Carol Brown Tasmania | Absent | |
| Patrick Dodson WA | Absent | |
| Katy Gallagher ACT | Absent | |
| Kimberley Kitching Victoria | Absent | |
| Malarndirri McCarthy NT | Absent | |
| Helen Polley Tasmania | Absent | |
| Marielle Smith SA | Absent | |
| Glenn Sterle WA | Absent | |
| Jess Walsh Victoria | Absent | |
| Penny Wong 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 | No | |
| Jacqui Lambie Tasmania Jacqui Lambie Network | Absent | |
| Liberal National Party (100% turnout) | 0 Yes – 2 No | |
| Matthew Canavan Queensland | No | |
| James McGrath Queensland | No | |
| Liberal Party (68% turnout) | 0 Yes – 19 No | |
| Andrew Bragg NSW | No | |
| Slade Brockman WA | No | |
| Michaelia Cash WA | No | |
| Claire Chandler Tasmania | No | |
| Richard Colbeck Tasmania | No | |
| Concetta Fierravanti-Wells NSW | No | |
| Hollie Hughes NSW | No | |
| Jane Hume Victoria | No | |
| Jim Molan NSW | No | |
| Matt O'Sullivan WA | No | |
| James Paterson Victoria | No | |
| Marise Payne NSW | 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 | |
| Eric Abetz Tasmania | Absent | |
| Alex Antic SA | Absent | |
| Wendy Askew Tasmania | Absent | |
| Simon Birmingham SA | Absent | |
| Jonathon Duniam Tasmania | Absent | |
| David Fawcett SA | Absent | |
| Sarah Henderson Victoria | Absent | |
| Andrew McLachlan SA | Absent | |
| Gerard Rennick Queensland | Absent | |
| David Van Victoria | Absent | |
| National Party (67% turnout) | 0 Yes – 2 No | |
| Perin Davey NSW | No | |
| Bridget McKenzie Victoria | No | |
| Susan McDonald Queensland | Absent | |
| Pauline Hanson's One Nation Party (50% turnout) | 0 Yes – 1 No | |
| Malcolm Roberts Queensland | No | |
| Pauline Hanson Queensland | Absent | |
| Slade Brockman WA President | Absent | |
| Totals (60% turnout) | 20 Yes – 25 No |
Turnout is the percentage of members eligible to vote that did vote.