Senate Division 19 · 1 Apr 2026

Corporations Amendment (Digital Assets Framework) Bill 2025 - Limitation of Debate - Review and statement of reasons for refusing financial services

Negatived 25 aye · 34 no

What this vote was about

The majority voted against amendments introduced at the request of Queensland Senator Matthew Canavan (LNP), which means they were not successful.

Amendment text

SHEET 3768

(1) Page 2 (after line 12), after clause 3, insert:

4 Review of digital assets framework

Requirement to conduct review

(1) The Minister must cause an independent review to be conducted of the operation of the amendments made by this Act.

(2) Without limiting subsection (1), the review must consider the effectiveness of the digital assets framework, including as supported by any Act amended by this Act and any instruments made under those amended Acts.

Timing of review

(3) The persons conducting the review must

(a) commence the review as soon as practicable after the end of 2 years starting on the day this section commences; and

(b) complete the review before the end of 4 months after the day the review commences.

Consultation

(4) The review must make provision for consultation with industry stakeholders that the persons conducting the review consider relevant.

Minister to be given report of review

(5) The persons conducting the review must give the Minister a written report of the review as soon as practicable after the review is completed.

Minister to table copy of report of review

(6) The Minister must cause a copy of the report of the review to be tabled in each House of the Parliament within 15 sitting days of that House after the Minister receives the report.

SHEET 3769

(1) Schedule 1, page 36 (after line 30), after Part 2, insert:

Part 2A — Giving reasons for refusing financial services

Corporations Act 2001

42A After Division 1 of Part 7.8

Insert:

Division 1A — Giving reasons for refusing financial services

980C Giving reasons for refusing financial services

If an Australian ADI refuses to provide a financial service to a financial services licensee, the ADI must give the licensee written reasons for refusing to do so.

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

Related bills

Corporations Amendment (Digital Assets Framework) Bill 2025

By party

Party	Aye	No
Australian Labor Party	1	22
Liberal–National Coalition	20	0
Australian Greens	0	11
Pauline Hanson's One Nation	3	0
United Australia Party	1	0
Independent	0	1

Every vote

AYE (25)

NO (34)

Divisions this sitting day

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

Division 1 Criminal Code Amendment (Keeping Australia Safe) Bill 2026 - Second Reading - Agree with the bill's main idea Negatived Senate 26–34
Division 2 Social Security and Other Legislation Amendment (Technical Changes No. 1) Bill 2026 - Limitation of Debate - Removing upper limit for urgent payment requests Negatived Senate 12–35
Division 3 Social Security and Other Legislation Amendment (Technical Changes No. 1) Bill 2026 - Limitation of Debate - 6‑year limit on debt recovery, indexing urgent payment request limits Negatived Senate 13–34
Division 4 Social Security and Other Legislation Amendment (Technical Changes No. 1) Bill 2026 - Limitation of Debate - Remote area allowance Negatived Senate 17–29
Division 5 Commonwealth Parole Board Bill 2025, Commonwealth Parole Board (Consequential and Transitional Provisions) Bill 2025 - Second Reading - Agree with the bills' main idea Carried Senate 38–20
Division 6 Commonwealth Parole Board Bill 2025, Commonwealth Parole Board (Consequential and Transitional Provisions) Bill 2025 - Limitation of Debate - Role of the Secretary Negatived Senate 22–35
Division 7 Commonwealth Parole Board Bill 2025, Commonwealth Parole Board (Consequential and Transitional Provisions) Bill 2025 - Limitation of Debate - Role of Secretary Carried Senate 38–21
Division 8 Commonwealth Parole Board Bill 2025 and another - Limitation of Debate - Termination of appointments Negatived Senate 25–34
Division 9 Commonwealth Parole Board Bill 2025, Commonwealth Parole Board (Consequential and Transitional Provisions) Bill 2025 - Limitation of Debate - Attorney‑General objection power Negatived Senate 25–34
Division 10 Commonwealth Parole Board Bill 2025, Commonwealth Parole Board (Consequential and Transitional Provisions) Bill 2025 - Limitation of Debate - Pass the bill Carried Senate 38–21
Division 11 National Health Amendment (Passive Immunological Products) Bill 2026 - Limitation of Debate - Vaccines to be tested against an inert saline placebo Negatived Senate 5–43
Division 12 National Health Amendment (Passive Immunological Products) Bill 2026 - Limitation of Debate - Pass the bill Carried Senate 39–5
Division 13 Excise Tariff Amendment (Draught Beer) Bill 2025 and another - Limitation of Debate - Strengthen alcohol regulations Carried Senate 34–24
Division 14 Excise Tariff Amendment (Draught Beer) Bill 2025 and another - Limitation of Debate - Strengthen alcohol regulations Carried Senate 34–23
Division 15 Excise Tariff Amendment (Draught Beer) Bill 2025 and another - Limitation of Debate - On-premises consumption Negatived Senate 5–40
Division 16 Excise Tariff Amendment (Draught Beer) Bill 2025 and another - Limitation of Debate - 25 per cent tax on LNG export revenue Negatived Senate 12–32
Division 17 Excise Tariff Amendment (Draught Beer) Bill 2025 and another - Committee of the Whole - Tap spirits and independent review Negatived Senate 25–32
Division 18 Excise Tariff Amendment (Draught Beer) Bill 2025, Customs Tariff Amendment (Draught Beer) Bill 2025 - Limitation of Debate - Craft beer Negatived Senate 6–38
Division 19 Corporations Amendment (Digital Assets Framework) Bill 2025 - Limitation of Debate - Review and statement of reasons for refusing financial services Negatived Senate 25–34
Division 20 Translating and Interpreting Services Bill 2025 - Limitation of Debate - Implement Multicultural Framework Review findings Negatived Senate 12–33
Division 21 Translating and Interpreting Services Bill 2025 - Limitation of Debate - National framework Negatived Senate 12–32
Division 22 Translating and Interpreting Services Bill 2025 - Limitation of Debate - Aboriginal and Torres Strait Islander languages Negatived Senate 12–31
Division 23 Translating and Interpreting Services Bill 2025 - Limitation of Debate - Additional objects and Commonwealth‑funded translating and interpreting services framework Negatived Senate 12–32
Division 24 Migration Amendment (Combatting Migrant Exploitation) Bill 2025 - Limitation of Debate - Agree with the bill's main idea Carried Senate 36–25
Division 25 Committees — Impact of the Conflict in Iran Select Committee; Appointment Carried Senate 33–27
Division 26 Committees — Impact of the Conflict in Iran Select Committee; Appointment Negatived Senate 27–33
Division 27 Documents — Department of the Treasury, Home Guarantee Scheme; Order for the Production of Documents Carried Senate 36–23