House Division 4 · 8 Oct 2025

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

Negatived 8 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)

Divisions this sitting day

Every division the House held that day, in order; the one on this page is marked.

Division 1 Motions - Telecommunications - Suspend the usual procedural rules Negatived House 47–81
Division 2 Telecommunications Legislation Amendment (Triple Zero Custodian and Emergency Calling Powers) Bill 2025 - Consideration in Detail - Critical assets, civil penalties Negatived House 44–86
Division 3 Telecommunications Legislation Amendment (Triple Zero Custodian and Emergency Calling Powers) Bill 2025 - Consideration in Detail - Rural, regional and remote Australians Negatived House 44–86
Division 4 Treasury Laws Amendment (Strengthening Financial Systems and Other Measures) Bill 2025 - Second Reading - Small business Negatived House 8–79
Division 5 Treasury Laws Amendment (Strengthening Financial Systems and Other Measures) Bill 2025 - Second Reading - Criticism of Government Negatived House 40–90
Division 6 Treasury Laws Amendment (Strengthening Financial Systems and Other Measures) Bill 2025 - Consideration in Detail - Increasing the instant asset write‑off and making it permanent Negatived House 9–64