HouseDivision 6 · 8 Oct 2025

Treasury Laws Amendment (Strengthening Financial Systems and Other Measures) Bill 2025 - Consideration in Detail - Increasing the instant asset write‑off and making it permanent

Not passed9 aye · 64 no

What this vote was about

The majority voted against amendments introduced by Warringah MP Zali Steggall (Independent), which means they failed.

Amendment text

(2) Schedule 7, page 132 (line 1) to page 132 (line 13), omit the Schedule, substitute:

Schedule 7 — instant asset write-off for small business entities

Income Tax (Transitional Provisions) Act 1997

1 Section 328-180 (heading)

Omit "to 30 June 2025".

2 Subsection 328-180(1) (definition of increased access year )

Repeal the definition, substitute:

increased access year: an income year is an increased access year if any day of the year occurs on or after 12 May 2015.

3 Subsection 328-180(4)

Omit "Temporary increase", substitute "Increase".

4 Paragraph 328-180(4)(d)

Omit "$20,000", substitute "50,000".

5 Paragraph 328-180(4)(d)

Omit "and on or before 30 June 2025" (wherever occurring).

6 Paragraph 328-180(5)(e)

Repeal the paragraph, substitute:

(e) were a reference to $50,000, if the amount is so included at any time on or after 1 July 2023.

7 Paragraph 328-180(6)(e)

Repeal the paragraph, substitute:

(e) were a reference to $50,000, in relation to a deduction for an income year that ends on or after 1 July 2023.

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

Consideration in detail: Consideration in detail examines a bill part by part in the House. Divisions at this stage decide specific amendments to 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	61
Independent	7	0
Liberal–National Coalition	1	3
Australian Greens	1	0

Every vote

AYE (9)

NO (64)

Other divisions this sitting day

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

8 Oct 2025Motions - Telecommunications - Suspend the usual procedural rulesHouse 47–81
8 Oct 2025Telecommunications Legislation Amendment (Triple Zero Custodian and Emergency Calling Powers) Bill 2025 - Consideration in Detail - Critical assets, civil penaltiesHouse 44–86
8 Oct 2025Telecommunications Legislation Amendment (Triple Zero Custodian and Emergency Calling Powers) Bill 2025 - Consideration in Detail - Rural, regional and remote AustraliansHouse 44–86
8 Oct 2025Treasury Laws Amendment (Strengthening Financial Systems and Other Measures) Bill 2025 - Second Reading - Small businessHouse 8–79
8 Oct 2025Treasury Laws Amendment (Strengthening Financial Systems and Other Measures) Bill 2025 - Second Reading - Criticism of GovernmentHouse 40–90