HouseDivision 4 · 8 Oct 2025

Treasury Laws Amendment (Strengthening Financial Systems and Other Measures) Bill 2025 - Second Reading - Small business

Not passed8 aye · 79 no

What this vote was about

The majority voted against a second reading amendment introduced by Mackellar MP [Sophie Scamps] (Independent), which means it failed. The amendment would have changed the words of the usual second reading motion, which is "that the bill be read a second time" (parliamentary jargon for agreeing with the main idea of the bill).

Amendment text

That all words after “House” be omitted with a view to substituting the following words:

(1) notes that the bill continues the practice of legislating the instant asset write-off measure annually, which creates uncertainty and discourages investment at a time when many small businesses are already struggling; and

(2) calls on the Government to do more to support small businesses, including:

(a) making the instant asset write-off permanent; and

(b) adopting a $20,000 tax-free threshold for small business operators with annual turnover of less than $10 million, as proposed by the member for Mackellar”.

Context written by They Vote For You volunteers (ODbL), reproduced unchanged.

Second reading: The second reading vote decides whether the chamber agrees with the bill in principle. A second reading amendment attaches commentary or conditions to that agreement without changing the bill's text.

Related bills

Treasury Laws Amendment (Strengthening Financial Systems and Other Measures) Bill 2025

By party

Party	Aye	No
Australian Labor Party	0	77
Independent	6	0
Liberal–National Coalition	1	2
Australian Greens	1	0

Every vote

AYE (8)

NO (79)

Other divisions this sitting day

What the House divided on around this vote, in order.