Summary

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The majority voted against an amendment to the usual second reading motion "that the bill be read a second time", which is parliamentary jargon for agreeing with the main idea of the bill. It had been introduced by Tasmanian Senator Peter Whish-Wilson (Greens).

Motion text

At the end of the motion, add: ", but the Senate:

(a) notes that:

(i) the explanatory memorandum to the Anti-Money Laundering and Counter-Terrorism Financing Bill 2006 forecast a 'second tranche' of legislation that would include real estate agents, accountants and lawyers as designated services under the Act,

(ii) in April 2016, the Government released the statutory review of the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 which contained a recommendation that the Government develop options to regulate real estate agents, accountants and lawyers under the Act,

(iii) the Government undertook consultation on the regulation of real estate agents, accountants and lawyers under the Act, which closed in January 2017,

(iv) the Financial Action Task Force's April 2015 Mutual Evaluation Report on Australia's progress in combatting money laundering and terrorist financing stated that Australia is an attractive destination for foreign proceeds of crime, particularly corruption-related proceeds flowing into real estate,

(v) the December 2017 OECD Phase 4 Report on Australia's implementation of the OECD Anti-Bribery Convention recommended that Australia address the risk that the real estate sector could be used to launder the proceeds of foreign bribery,

(vi) Australia is one of only six countries in the world not to have included real estate agents, accountants and lawyers as designated services under anti-money laundering and counter-terrorism laws,

(vii) AUSTRAC estimates that $1 billion in suspicious transactions flowed through the Australian property market from just one country, China, in just one year, 2016,

(viii) in November 2019, the Financial Action Task Force suspended their evaluation of Australia's progress in combatting money laundering and terrorist financing, and

(ix) the Government's rhetoric about being 'tough on crime' does not match with their failure to legislate the second tranche of anti-money laundering and counter-terrorism financing laws; and

(b) calls on the Government to introduce legislation to include real estate agents, accountants and lawyers as designated services under the Anti-Money Laundering and Counter-Terrorism Financing Act 2006".

Votes Not passed by a modest majority

Nobody rebelled against their party.

Party Votes
Cory Bernardi SA Australian Conservatives No
Australian Greens (100% turnout) 9 Yes 0 No
Richard Di Natale Victoria Yes
Mehreen Faruqi NSW Yes
Sarah Hanson-Young SA Yes
Nick McKim Tasmania Yes
Janet Rice Victoria Yes
Rachel Siewert WA Yes
Jordon Steele-John WA Yes
Larissa Waters Queensland Yes
Peter Whish-Wilson Tasmania Yes
Australian Labor Party (44% turnout) 0 Yes 11 No
Tim Ayres NSW No
Raff Ciccone Victoria No
Alex Gallacher SA No
Nita Green Queensland No
Deborah O'Neill NSW No
Louise Pratt WA No
Tony Sheldon NSW No
Marielle Smith SA No
Glenn Sterle WA No
Jess Walsh Victoria No
Murray Watt Queensland No
Catryna Bilyk Tasmania Absent
Carol Brown Tasmania Absent
Kim Carr Victoria Absent
Anthony Chisholm Queensland Absent
Patrick Dodson WA Absent
Don Farrell SA Absent
Katy Gallagher ACT Absent
Kristina Keneally NSW Absent
Kimberley Kitching Victoria Absent
Jenny McAllister NSW Absent
Malarndirri McCarthy NT Absent
Helen Polley Tasmania Absent
Anne Urquhart Tasmania Absent
Penny Wong SA Absent
Centre Alliance (100% turnout) 2 Yes 0 No
Stirling Griff SA Yes
Rex Patrick SA Yes
Sam McMahon NT Country Liberal Party No
Sue Lines WA Deputy President No
Jacqui Lambie Tasmania Jacqui Lambie Network No
Liberal National Party (50% turnout) 0 Yes 1 No
James McGrath Queensland No
Matthew Canavan Queensland Absent
Liberal Party (86% turnout) 0 Yes 24 No
Eric Abetz Tasmania No
Alex Antic SA No
Wendy Askew Tasmania No
Andrew Bragg NSW No
Slade Brockman WA No
Michaelia Cash WA No
Claire Chandler Tasmania No
Richard Colbeck Tasmania No
Jonathon Duniam Tasmania No
David Fawcett SA No
Concetta Fierravanti-Wells NSW No
Sarah Henderson Victoria No
Hollie Hughes NSW No
Jane Hume Victoria No
Jim Molan NSW No
Matt O'Sullivan WA No
James Paterson Victoria No
Gerard Rennick Queensland No
Linda Reynolds WA No
Anne Ruston SA No
Paul Scarr Queensland No
Dean Smith WA No
Amanda Stoker Queensland No
David Van Victoria No
Simon Birmingham SA Absent
Mathias Cormann WA Absent
Marise Payne NSW Absent
Zed Seselja ACT Absent
National Party (67% turnout) 0 Yes 2 No
Perin Davey NSW No
Susan McDonald Queensland No
Bridget McKenzie Victoria Absent
Pauline Hanson's One Nation Party (50% turnout) 0 Yes 1 No
Pauline Hanson Queensland No
Malcolm Roberts Queensland Absent
Scott Ryan Victoria President Absent
Totals (71% turnout) 11 Yes – 43 No