Division
The majority voted against [amendments (1) to (34) on sheet 8501](https://www.openaustralia.org.au/senate/?gid=2019-02-14.244.1), which means they failed. They were introduced by NSW Senator [Deborah O'Neill](https://theyvoteforyou.org.au/people/senate/nsw/deborah_o'neill) (ALP). ### What does the bill do? According to the [bills digest](https://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/bd/bd1819a/19bd032): > *The Treasury Laws Amendment (Protecting Your Superannuation Package) Bill 2018 contains three Schedules, the purpose of which is to make amendments to the* [Superannuation Industry (Supervision) Act 1993] *and the* [Superannuation (Unclaimed Money and Lost Members) Act 1999] *to:* > >> * *limit the amount of fees that can be charged by a trustee of a superannuation fund for MySuper or choice products to three per cent of the balance of the account if the balance is less than $6,000* >> >> * *prohibit superannuation funds and approved deposit funds from imposing exit fees when a member disposes of all or part of their interest in a fund* >> >> * *prevent superannuation funds from providing insurance such as death, total and permanent disability or income protection insurance on an opt-out basis where:* >> >>> * *the member is under the age of 25 years and begins to hold a new superannuation account on or after 1 July 2019* >>> >>> * *the member’s account balance falls below $6,000 or* >>> >>> * *the member’s account has not received a contribution for 13 months and is inactive* >> >> * *require retirement savings account providers and superannuation providers to pay the balance of MySuper or choice accounts to the Commissioner of Taxation, where the account is inactive and the balance is less than $6,000 and* >> >> * *require the Commissioner to consolidate any amounts received into a person’s superannuation account that will have a balance of $6,000 or more once consolidated.*
Senate, 2019-02-14. negative: ayes 24, noes 38.
Question
The majority voted against [amendments (1) to (34) on sheet 8501](https://www.openaustralia.org.au/senate/?gid=2019-02-14.244.1), which means they failed. They were introduced by NSW Senator [Deborah O'Neill](https://theyvoteforyou.org.au/people/senate/nsw/deborah_o'neill) (ALP). ### What does the bill do? According to the [bills digest](https://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/bd/bd1819a/19bd032): > *The Treasury Laws Amendment (Protecting Your Superannuation Package) Bill 2018 contains three Schedules, the purpose of which is to make amendments to the* [Superannuation Industry (Supervision) Act 1993] *and the* [Superannuation (Unclaimed Money and Lost Members) Act 1999] *to:* > >> * *limit the amount of fees that can be charged by a trustee of a superannuation fund for MySuper or choice products to three per cent of the balance of the account if the balance is less than $6,000* >> >> * *prohibit superannuation funds and approved deposit funds from imposing exit fees when a member disposes of all or part of their interest in a fund* >> >> * *prevent superannuation funds from providing insurance such as death, total and permanent disability or income protection insurance on an opt-out basis where:* >> >>> * *the member is under the age of 25 years and begins to hold a new superannuation account on or after 1 July 2019* >>> >>> * *the member’s account balance falls below $6,000 or* >>> >>> * *the member’s account has not received a contribution for 13 months and is inactive* >> >> * *require retirement savings account providers and superannuation providers to pay the balance of MySuper or choice accounts to the Commissioner of Taxation, where the account is inactive and the balance is less than $6,000 and* >> >> * *require the Commissioner to consolidate any amounts received into a person’s superannuation account that will have a balance of $6,000 or more once consolidated.*
How each member voted
Per-member votes are not present in this static export. Consult the original division record.
Related bills
Only formal divisions leave a per-member record. A procedural vote is not necessarily a vote for or against a bill.