Senate Division 20 · 10 Mar 2026

Treasury Laws Amendment (Building a Stronger and Fairer Super System) Bill 2026 and another - Limitation of Debate - Pass the bills

Carried 33 aye · 22 no

What this vote was about

The majority voted in favour of a motion to agree with the remaining stages of the bills and so pass them. Since the bills have already passed in the House of Representatives, they can now become law.

What do these bills do?

According to the bills digest, which is a nonpartisan document prepared by the parliamentary library:

Schedules 1-3 of the Treasury Laws Amendment (Building a Stronger and Fairer Super System) Bill 2026 amend several Commonwealth statutes to reduce the tax concessions available to individuals with a total superannuation balance of more than $3 million. A further reduction would apply to individuals with a total balance of more than $10 million. The measure would apply from income years starting on 1 July 2026.
Schedule 4 amends the low income super tax offset (LISTO) by increasing the income threshold from $37,000 to $45,000 and raising the maximum LISTO payment from $500 to $810. These amendments would apply from 1 July 2027.
The Superannuation (Building a Stronger and Fairer Super System) Imposition Bill 2026 implements the measure in Schedules 1‑3. It is a separate Bill for constitutional reasons.
The Government previously attempted to reduce tax concessions available to individuals with a total superannuation balance of more than $3 million through the Treasury Laws Amendment (Better Targeted Superannuation Concessions and Other Measures) Bill 2023 and the Superannuation (Better Targeted Superannuation Concessions) Imposition Bill 2023 (the 2023 Bills). These Bills lapsed at the end of the 47th Parliament.
The measure proposed in the current Bills differs in some respects from the previous Bills, including through proposing a further reduction of tax concessions available to individuals with total superannuation balances exceeding $10 million; by providing for both the $3 million and $10 million thresholds to be indexed to the Consumer Price Index (CPI); and removing the proposal to tax notional capital gains and losses.
While regarding the new Bills as improving on the 2023 Bills, some professional bodies and self-managed superannuation fund representative organisations consider the measure is unnecessary, too complex, and creates inequitable outcomes. In contrast, the large superannuation sector supports the measure.
At the time of writing, the Bills had not been referred to or reported on by any parliamentary committees.

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

Related bills

By party

Party	Aye	No
Australian Labor Party	24	0
Liberal–National Coalition	0	17
Australian Greens	8	0
Pauline Hanson's One Nation	0	4
Independent	1	0
United Australia Party	0	1

Every vote

Divisions this sitting day

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

Division 1 Business — Rearrangement Carried Senate 36–30
Division 2 Business — Rearrangement Carried Senate 36–30
Division 3 Business — Rearrangement Carried Senate 36–30
Division 4 Business — Rearrangement Carried Senate 37–30
Division 5 Business — Rearrangement Carried Senate 37–30
Division 6 Motions — Middle East Carried Senate 26–13
Division 7 Motions — Middle East Negatived Senate 13–26
Division 8 Regulations and Determinations — Australian Naval Nuclear Power Safety Regulations 2025; Disallowance Negatived Senate 11–30
Division 9 Documents — Environment Protection and Biodiversity Conservation Act 1999; Order for the Production of Documents Negatived Senate 28–32
Division 10 Documents — Scott River Wind Farm; Order for the Production of Documents Negatived Senate 27–31
Division 11 Budget — Consideration by Estimates Committees Negatived Senate 26–31
Division 12 Documents — National Security, Rifi, Dr Jamal; Order for the Production of Documents Negatived Senate 23–33
Division 13 Documents — National Security; Order for the Production of Documents Negatived Senate 23–33
Division 14 Committees — Government Management of Isis Brides Committee; Appointment Negatived Senate 22–34
Division 15 Matters of Urgency - Middle East - Do not send Australia personnel Negatived Senate 10–27
Division 16 Bills — Treasury Laws Amendment (Building a Stronger and Fairer Super System) Bill 2026, Superannuation (Building a Stronger and Fairer Super System) Imposition Bill 2026; Limitation of Debate Negatived Senate 4–42
Division 17 Bills — Treasury Laws Amendment (Building a Stronger and Fairer Super System) Bill 2026, Superannuation (Building a Stronger and Fairer Super System) Imposition Bill 2026; Limitation of Debate Negatived Senate 20–32
Division 18 Bills — Treasury Laws Amendment (Building a Stronger and Fairer Super System) Bill 2026, Superannuation (Building a Stronger and Fairer Super System) Imposition Bill 2026; Limitation of Debate Carried Senate 33–22
Division 19 Treasury Laws Amendment (Building a Stronger and Fairer Super System) Bill 2026 - Limitation of Debate - Keep schedules 1-3 as they are Carried Senate 33–22
Division 20 Treasury Laws Amendment (Building a Stronger and Fairer Super System) Bill 2026 and another - Limitation of Debate - Pass the bills Carried Senate 33–22

Treasury Laws Amendment (Building a Stronger and Fairer Super System) Bill 2026 and another - Limitation of Debate - Pass the bills

Related bills

By party

Every vote

AYE (33)

NO (22)

Divisions this sitting day