Summary

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The 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 that the bill be read a second time (parliamentary jargon for agreeing with the main idea of the bill).

Motion text

At the end of the motion, add ", but the Senate:

(a) notes that the Government's measures in Schedule 2 of the bill would strip shareholders of their rights to be adequately informed, damage Australia's corporate governance regime, and allow company directors to get away with failing to disclose important information; and

(b) further notes these measures could damage Australian investment and hurt Australian investors and retirees".

Votes Not passed by a small majority

Nobody rebelled against their party.

Party Votes
Australian Greens (56% turnout) 5 Yes 0 No
Sarah Hanson-Young SA Yes
Nick McKim Tasmania Yes
Rachel Siewert WA Yes
Larissa Waters Queensland Yes
Peter Whish-Wilson Tasmania Yes
Mehreen Faruqi NSW Absent
Janet Rice Victoria Absent
Jordon Steele-John WA Absent
Lidia Thorpe Victoria Absent
Australian Labor Party (32% turnout) 8 Yes 0 No
Carol Brown Tasmania Yes
Anthony Chisholm Queensland Yes
Don Farrell SA Yes
Katy Gallagher ACT Yes
Deborah O'Neill NSW Yes
Louise Pratt WA Yes
Anne Urquhart Tasmania Yes
Murray Watt Queensland Yes
Tim Ayres NSW Absent
Catryna Bilyk Tasmania Absent
Kim Carr Victoria Absent
Raff Ciccone Victoria Absent
Patrick Dodson WA Absent
Alex Gallacher SA Absent
Nita Green Queensland Absent
Kristina Keneally NSW Absent
Kimberley Kitching Victoria Absent
Jenny McAllister NSW Absent
Malarndirri McCarthy NT Absent
Helen Polley Tasmania Absent
Tony Sheldon NSW 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 No
Sue Lines WA Deputy President Yes
Rex Patrick SA Independent Yes
Jacqui Lambie Tasmania Jacqui Lambie Network No
Liberal National Party (0% turnout) Absent
Matthew Canavan Queensland Absent
James McGrath Queensland Absent
Liberal Party (41% turnout) 0 Yes 12 No
Wendy Askew Tasmania No
Slade Brockman WA No
Michaelia Cash WA No
Jane Hume Victoria No
Matt O'Sullivan WA No
Gerard Rennick Queensland No
Linda Reynolds WA No
Anne Ruston SA 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
Simon Birmingham SA Absent
Andrew Bragg NSW Absent
Claire Chandler Tasmania Absent
Richard Colbeck Tasmania Absent
Jonathon Duniam Tasmania Absent
David Fawcett SA Absent
Concetta Fierravanti-Wells NSW Absent
Sarah Henderson Victoria Absent
Hollie Hughes NSW Absent
Andrew McLachlan SA Absent
Jim Molan NSW Absent
James Paterson Victoria Absent
Marise Payne NSW Absent
Paul Scarr 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
Scott Ryan Victoria President No
Totals (43% turnout) 15 Yes – 18 No