Superannuation Legislation Amendment (Service Providers and Other Governance Measures) Bill 2012

The majority voted in favour of a motion introduced by Labor MP Anthony Albanese. The motion was: "That in accordance with standing order 132, standing and sessional orders be suspended to enable the House to divide again on the question viz.: That the Opposition amendments be agreed to."

That earlier division took place when some members were not in the House.(The earlier division on Opposition amendments is available here. ) This meant that the Opposition was able to form a majority to pass their amendments. Mr Albanese brought this motion to take advantage of parliamentary reform that occurred as a result of the 2010 election, when neither major party formed a clear majority. This reform introduced standing order 132, which allows a recommittal if a member inadvertently misses a division.(Read more about these reforms here. )

Because an absolute majority agreed with this motion, a second division on whether to agree with the Opposition amendments will be made.(See the second division on Opposition amendments here. )

One member, Liberal MP Luke Simpkins, rebelled and crossed the floor to vote 'aye' with the Government.(Read more about what it means to cross the floor in our FAQ Section. )

Background to the Bill

The Bill is the fourth and final legislative bundle implementing the Stronger Super reforms announced by the Labor Government in 2010.(More information about this Bill and the context surrounding it can be found here.) It introduces a number of corporate governance measures that arose out of the Review into the Governance, Efficiency, Structure and Operation of Australia’s Superannuation System (known as the Cooper Review) and the Government’s own consultations with industry, employer and consumer groups.

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