How Kristy McBain voted compared to someone who believes that the federal government should introduce legislation that increases consumer protections by, for example, encouraging competition

Division Kristy McBain Supporters vote Division outcome

4th Aug 2021, 12:07 PM – Representatives Financial Sector Reform (Hayne Royal Commission Response - Better Advice) Bill 2021 - Second Reading - Disagree with amendments

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The majority voted in favour of disagreeing with an amendment to the usual second reading motion, which is "that the bill be read a second time" - parliamentary jargon to agreeing with the main idea of the bill.

Amendment text

That all words after "That" be omitted with a view to substituting the following words:

"whilst not declining to give the bill a second reading, the House note the Government has:

(1) failed to effectively deliver professional standards reform in the financial advice sector;

(2) been too slow to implement the findings of the Hayne Royal Commission;

(3) established and then shut down the failed Financial Adviser Standards and Ethics Authority;

(4) failed to adequately protect consumers; and

(5) caused uncertainty and unnecessary costs for thousands of financial advisers across Australia".

No No Passed by a small majority

How "voted very strongly for" is worked out

The MP's votes count towards a weighted average where the most important votes get 50 points, less important votes get 10 points, and less important votes for which the MP was absent get 2 points. In important votes the MP gets awarded the full 50 points for voting the same as the policy, 0 points for voting against the policy, and 25 points for not voting. In less important votes, the MP gets 10 points for voting with the policy, 0 points for voting against, and 1 (out of 2) if absent.

Then, the number gets converted to a simple english language phrase based on the range of values it's within.

No of votes Points Out of
Most important votes (50 points)      
MP voted with policy 0 0 0
MP voted against policy 0 0 0
MP absent 0 0 0
Less important votes (10 points)      
MP voted with policy 1 10 10
MP voted against policy 0 0 0
Less important absentees (2 points)      
MP absent* 0 0 0
Total: 10 10

*Pressure of other work means MPs or Senators are not always available to vote – it does not always indicate they have abstained. Therefore, being absent on a less important vote makes a disproportionatly small difference.

Agreement score = MP's points / total points = 10 / 10 = 100%.

And then