The majority voted in favour of a motion to read the bills for a second time. In other words, they agreed with the main idea of the bills and so can now consider them in more detail.

What do the bills do?

According to the bills digest (which is prepared by the parliamentary library):

  • The Housing Australia Future Fund is created by the Housing Australia Future Fund Bill 2023 (HAFF Bill). It is proposed to be structured, governed, and administered in a similar way to other Investment Funds. The financing will be administered using two Special Accounts.
  • The National Housing Supply and Affordability Council is created by the National Housing Supply and Affordability Council Bill 2023 (Council Bill). The proposed structure, governance, and administrative arrangement are like other Australian Government Councils.
  • The National Housing Finance and Investment Corporation (NHIFC) is to be renamed Housing Australia by amendments proposed in the Treasury Laws Amendment (Housing Measures No. 1) Bill 2023 (Amendment Bill). The Amendment Bill also extends a Commonwealth guarantee for the NHFIC from 1 July 2023 to 1 July 2028. In addition, a series of consequential amendments are made to reflect this name change across other Commonwealth Acts.
  • Issues with the Housing Australia Future Fund and associated Bills are likely to be few. However, there may be policy issues which need to be considered including: the proliferation of investment funds and alternative financing approaches, the potential effectiveness of the scale of the expenditures compared to the social housing challenge, the location of new housing investments, the selection of Council members, and the transparency of the Council in delivering its functions.

Votes Passed by a small majority

Nobody rebelled against their party.

Party Votes
Australian Greens (100% turnout) 11 Yes 0 No
Penny Allman-Payne Queensland Yes
Dorinda Cox WA Yes
Mehreen Faruqi NSW Yes
Sarah Hanson-Young SA Yes
Nick McKim Tasmania Yes
Barbara Pocock SA Yes
Janet Rice Victoria Yes
David Shoebridge NSW Yes
Jordon Steele-John WA Yes
Larissa Waters Queensland Yes
Peter Whish-Wilson Tasmania Yes
Australian Labor Party (76% turnout) 19 Yes 0 No
Tim Ayres NSW Yes
Catryna Bilyk Tasmania Yes
Carol Brown Tasmania Yes
Anthony Chisholm Queensland Yes
Raff Ciccone Victoria Yes
Don Farrell SA Yes
Karen Grogan SA Yes
Jenny McAllister NSW Yes
Malarndirri McCarthy NT Yes
Deborah O'Neill NSW Yes
Fatima Payman WA Yes
Helen Polley Tasmania Yes
Louise Pratt WA Yes
Marielle Smith SA Yes
Glenn Sterle WA Yes
Jana Stewart Victoria Yes
Anne Urquhart Tasmania Yes
Jess Walsh Victoria Yes
Linda White Victoria Yes
Patrick Dodson WA Absent
Katy Gallagher ACT Absent
Nita Green Queensland Absent
Tony Sheldon NSW Absent
Murray Watt Queensland Absent
Penny Wong SA Absent
Jacinta Nampijinpa Price NT Country Liberal Party No
Andrew McLachlan SA Deputy President No
David Pocock ACT Independent Yes
Lidia Thorpe Victoria Independent Absent
David Van Victoria Independent Absent
Jacqui Lambie Network (100% turnout) 2 Yes 0 No
Jacqui Lambie Tasmania Yes
Tammy Tyrrell Tasmania Yes
Liberal National Party (100% turnout) 0 Yes 2 No
Matthew Canavan Queensland No
James McGrath Queensland No
Liberal Party (74% turnout) 0 Yes 17 No
Alex Antic SA No
Wendy Askew Tasmania No
Andrew Bragg NSW No
Slade Brockman WA No
Michaelia Cash WA No
Claire Chandler Tasmania No
Richard Colbeck Tasmania No
Sarah Henderson Victoria No
Jane Hume Victoria No
Maria Kovacic NSW No
Kerrynne Liddle SA No
Matt O'Sullivan WA No
Marise Payne NSW No
Gerard Rennick Queensland No
Linda Reynolds WA No
Anne Ruston SA No
Dean Smith WA No
Simon Birmingham SA Absent
Jonathon Duniam Tasmania Absent
David Fawcett SA Absent
Hollie Hughes NSW Absent
James Paterson Victoria Absent
Paul Scarr Queensland Absent
National Party (75% turnout) 0 Yes 3 No
Ross Cadell NSW No
Perin Davey NSW No
Bridget McKenzie Victoria No
Susan McDonald Queensland Absent
Pauline Hanson's One Nation Party (100% turnout) 0 Yes 2 No
Pauline Hanson Queensland No
Malcolm Roberts Queensland No
Sue Lines WA President Yes
Ralph Babet Victoria United Australia Party No
Totals (80% turnout) 34 Yes – 27 No