Division
Slade Brockman I will now deal with the remaining Australian Greens amendments. The question is that the amendments on sheet 3886 be agreed to. _Australian Greens' circulated amendments_ _to the_ _Treasury Laws Amendment (Tax Reform No. 1) Bill 2026_ (1) Title, page 1 (line 2), after "taxation", insert "and superannuation". (2) Clause 2, page 2 (after table item 6), insert: (3) Page 65 (after line 25), at the end of the Bill, add: Schedule 5 — Limited recourse borrowing arrangements _Superannuation Industry (Supervision) Act 1993_ 1 At the end of subsection 67 A( 2) Add: ; and (c) for an asset that is real property—the asset is business real property (within the meaning of section 66 of this Act). 2 Application of amendment (1) The amendment made by this Schedule applies in relation to arrangements entered into on or after the commencement of this Schedule under which money is borrowed, or borrowings of money are maintained, for the acquisition of assets. (2) However, the amendment does not apply in relation to such an arrangement to the extent that: (a) the arrangement is for maintaining (or refinancing) a borrowing of money under another arrangement entered into before that commencement; or (b) the acquisition of the asset (to which the borrowing under the arrangement relates) happens under an arrangement entered into before that commencement. Note: This item means each of the following continues to be covered by the exception in subsection 67A(1) of the _Superannuation Industry (Supervision) Act 1993_: (a) a borrowing arrangement entered into before commencement; (b) a refinancing arrangement covered by paragraph (2)(a); (c) a borrowing arrangement for which the related asset is acquired under an arrangement entered into before that commencement (even if the settlement for the acquisition of the asset happens after that commencement).
Senate, 2026-06-25. affirmative: ayes 33, noes 26.
Question
Slade Brockman I will now deal with the remaining Australian Greens amendments. The question is that the amendments on sheet 3886 be agreed to. _Australian Greens' circulated amendments_ _to the_ _Treasury Laws Amendment (Tax Reform No. 1) Bill 2026_ (1) Title, page 1 (line 2), after "taxation", insert "and superannuation". (2) Clause 2, page 2 (after table item 6), insert: (3) Page 65 (after line 25), at the end of the Bill, add: Schedule 5 — Limited recourse borrowing arrangements _Superannuation Industry (Supervision) Act 1993_ 1 At the end of subsection 67 A( 2) Add: ; and (c) for an asset that is real property—the asset is business real property (within the meaning of section 66 of this Act). 2 Application of amendment (1) The amendment made by this Schedule applies in relation to arrangements entered into on or after the commencement of this Schedule under which money is borrowed, or borrowings of money are maintained, for the acquisition of assets. (2) However, the amendment does not apply in relation to such an arrangement to the extent that: (a) the arrangement is for maintaining (or refinancing) a borrowing of money under another arrangement entered into before that commencement; or (b) the acquisition of the asset (to which the borrowing under the arrangement relates) happens under an arrangement entered into before that commencement. Note: This item means each of the following continues to be covered by the exception in subsection 67A(1) of the _Superannuation Industry (Supervision) Act 1993_: (a) a borrowing arrangement entered into before commencement; (b) a refinancing arrangement covered by paragraph (2)(a); (c) a borrowing arrangement for which the related asset is acquired under an arrangement entered into before that commencement (even if the settlement for the acquisition of the asset happens after that commencement).
How each member voted
Per-member votes are not present in this static export. Consult the original division record.
Related bills
- Income Tax Rates Amendment (Tax Reform No. 1) Bill 2026
- Treasury Laws Amendment (Tax Reform No. 1) Bill 2026
Only formal divisions leave a per-member record. A procedural vote is not necessarily a vote for or against a bill.