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30 Mar 2026 · 5:48 PM · Division 3

Export Finance and Insurance Corporation Amendment (Strategic Reserve) Bill 2026

Consideration in Detail - EFIC’s functions
Official title
Export Finance and Insurance Corporation Amendment (Strategic Reserve) Bill 2026 - Consideration in Detail - EFIC’s functions

Noes in the majority

This says only which side won the vote, because what Aye and No meant here depends on the exact question put in the chamber.

Aye
38
No
97
Not recorded voting
14

“Not recorded voting” is everyone eligible who isn't recorded as Aye or No, for example absent, paired, or presiding.

What was decided

The majority voted against an amendment to the Export Finance and Insurance Corporation Amendment (Strategic Reserve) Bill 2026 introduced by Wannon MP Dan Tehan, which means it was unsuccessful.

Amendment text

(1) Schedule 1, page 7 (after line 3), after item 14, insert:

14A Section 23C

Repeal the section.

Therefore, the purpose of this amendment is to repeal section 23C from the Export Finance and Insurance Corporation Act 1991.

What is Section 23C?

Section 23C puts limitations on the powers of the Export Finance and Insurance Corporation (EFIC) in respect to fossil fuels.

Wording of section 23C:

Approval required before providing services or products to finance certain coal, crude oil or natural gas activities

Despite any other provision of this Part, EFIC must not provide a service or product under this Part that would:

(a) directly finance the extraction of coal, crude oil or natural gas; or

(b) directly finance the construction of infrastructure for the primary purpose of extracting coal, crude oil or natural gas; or

(c) directly finance investments for the sole purpose of the use of coal, crude oil or natural gas;

unless an application for the service or product has been referred to the Minister under section 25.

Note: A direction under section 26 may prevent such applications from being referred to the Minister. EFIC cannot provide a service or product covered by this section in those circumstances.

Summary written by They Vote For You contributors. Read it with the debate

Policies this vote counts towards

How They Vote For You uses this vote when scoring members against each policy.

Votes by party

Both bars use the same scale: number of members.
Aye
38
No
97
Votes by party as a table
PartyAyeNo
Australian Labor Party088
Liberal Party150
National Party110
Liberal National Party100
Independent08
Australian Greens01
Centre Alliance10
Pauline Hanson's One Nation Party10

How each member voted

Aye · 38

No · 97

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