Summary

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The majority voted in favour of a motion to agree to the bill as amended previously.

They will now vote on whether to adopt their report and send it with the bill back to the House of Representatives for their consideration.(That division is available here. )

Background to Bill

On 22 October 2013, the Abbott Government announced that it will raise the debt ceiling from $300 billion to $500 billion.(Read more about this in the media here. ) This was following the August 2013 Pre-Election Economic and Fiscal Outlook which reported that the Treasurer's standing borrowing authority would reach the $300 billion limit by December 2013.

The purpose of the increase to the debt ceiling is to "provide stability and certainty to financial markets about the Government's ability to issue sufficient debt to manage its budget".(See the explanatory memorandum (106 KB). More about the bill, including its bills digest, is available here.)

Votes Passed by a small majority

Nobody rebelled against their party.

Party Votes
Australian Greens (100% turnout) 9 Yes 0 No
Richard Di Natale Victoria Yes
Sarah Hanson-Young SA Yes
Scott Ludlam WA Yes
Christine Milne Tasmania Yes
Lee Rhiannon NSW Yes
Rachel Siewert WA Yes
Larissa Waters Queensland Yes
Peter Whish-Wilson Tasmania Yes
Penny Wright SA Yes
Australian Labor Party (83% turnout) 0 Yes 25 No
Catryna Bilyk Tasmania No
Carol Brown Tasmania No
Doug Cameron NSW No
Jacinta Collins Victoria No
Sam Dastyari NSW No
Don Farrell SA No
Mark Furner Queensland No
Alex Gallacher SA No
Sue Lines WA No
Joe Ludwig Queensland No
Kate Lundy ACT No
Anne McEwen SA No
Jan McLucas Queensland No
Claire Moore Queensland No
Deborah O'Neill NSW No
Nova Peris NT No
Helen Polley Tasmania No
Louise Pratt WA No
Lisa Singh Tasmania No
Ursula Stephens NSW No
Glenn Sterle WA No
Lin Thorp Tasmania No
Mehmet Tillem Victoria No
Anne Urquhart Tasmania No
Penny Wong SA No
Mark Bishop WA Absent
Kim Carr Victoria Absent
Stephen Conroy Victoria Absent
John Faulkner NSW Absent
Gavin Marshall Victoria Absent
Nigel Scullion NT Country Liberal Party Yes
John Madigan Victoria Democratic Labor Party Yes
Stephen Parry Tasmania Deputy President Yes
Nick Xenophon SA Independent Yes
Liberal Party (85% turnout) 23 Yes 0 No
Cory Bernardi SA Yes
Simon Birmingham SA Yes
Sue Boyce Queensland Yes
George Brandis Queensland Yes
David Bushby Tasmania Yes
Michaelia Cash WA Yes
Richard Colbeck Tasmania Yes
Mathias Cormann WA Yes
Sean Edwards SA Yes
Alan Eggleston WA Yes
David Fawcett SA Yes
Concetta Fierravanti-Wells NSW Yes
Mitch Fifield Victoria Yes
David Johnston WA Yes
Helen Kroger Victoria Yes
Ian Macdonald Queensland Yes
Brett Mason Queensland Yes
Michael Ronaldson Victoria Yes
Anne Ruston SA Yes
Scott Ryan Victoria Yes
Zed Seselja ACT Yes
Arthur Sinodinos NSW Yes
Dean Smith WA Yes
Eric Abetz Tasmania Absent
Christopher Back WA Absent
Bill Heffernan NSW Absent
Marise Payne NSW Absent
National Party (100% turnout) 4 Yes 0 No
Ron Boswell Queensland Yes
Bridget McKenzie Victoria Yes
Fiona Nash NSW Yes
John Williams NSW Yes
John Hogg Queensland President Absent
Totals (87% turnout) 40 Yes – 25 No