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     7   SUSPENSION OF STANDING AND SESSIONAL ORDERS MOVED

Mr Hockey moved—That so much of the standing and sessional orders be suspended as would prevent the Member for North Sydney from moving the following motion forthwith: That this House notes with deep concern the release of 25 secret Treasury documents contradicting the Treasurer about the impact of its proposed banking package including:

(1)    claiming on 12 December 2010 that the package would “build up competition in our banking system” when the secret Treasury advice demonstrates that the absolute opposite is true;

(2)    claiming on 12 December 2010 that the banking package would “ensure that interest rates are lower over time” when in the secret Treasury advice again the absolute opposite is true;

(3)    failing to heed the warnings of the Treasury that “there are lots of risks and sensitivities associated with banning exit fees” including higher interest rates, higher bank fees and less transparency in banking;

(4)    failing to heed the warnings of the Treasury that the Treasurer’s banking package “could disproportionately impact first home buyers”; and

(5)    failing to heed the warnings of smaller financial services providers such as Aussie Home Loans, Bank of Queensland and Suncorp Metway that the banking package may reduce banking competition and lead to higher overall costs for consumers.

Debate ensuing—

Mr Albanese (Leader of the House) addressing the House—

Closure of Member

Mr Pyne moved—That the Member be no longer heard.

Question—put.

*45

The House divided (the Speaker, Mr Jenkins, in the Chair)—

AYES, 69

Mr Abbott

Mr Forrest

Mr Macfarlane

Mr Scott

Mr Alexander

Mr Frydenberg

Ms Marino

Mr Secker*

Mr K. J. Andrews

Ms Gambaro

Mrs Markus

Mr Simpkins

Mrs K. L. Andrews

Mrs Gash

Mr Matheson

Mr Slipper

Mr Baldwin

Mrs Griggs

Mrs Mirabella

Mr A. D. H. Smith

Mr Billson

Mr Haase

Mr Morrison

Mr Somlyay

Mrs B. K. Bishop

Mr Hartsuyker

Mrs Moylan

Dr Stone

Ms J. I. Bishop

Mr A. G. Hawke

Mr Neville

Mr Tehan

Mr Broadbent

Mr Hockey

Mr O’Dowd

Mr Truss

Mr Buchholz

Mr Hunt

Ms O’Dwyer

Mr Tudge

Mr Chester

Mr Irons

Mrs Prentice

Mr Turnbull

Mr Christensen

Dr Jensen

Mr Pyne

Mr van Manen

Mr Ciobo

Mr E. T. Jones

Mr Ramsey

Mr Vasta

Mr Cobb

Mr Katter

Mr Randall

Dr Washer

Mr Coulton*

Mr C. Kelly

Mr Robb

Mr Wyatt

Mr Dutton

Mr Laming

Mr Robert

 

Mr Entsch

Ms Ley

Wyatt Roy

 

Mr Fletcher

Mr McCormack

Mr Ruddock

 

NOES, 73

Mr Adams

Mrs D’Ath

Ms King

Ms Rishworth

Mr Albanese

Mr Dreyfus

Dr Leigh

Ms Rowland

Mr Bandt

Mrs Elliot

Ms Livermore

Ms Roxon

Ms Bird

Dr Emerson

Mr Lyons

Ms Saffin

Mr Bowen

Mr L. D. T. Ferguson

Mr McClelland

Mr Shorten

Mr Bradbury

Mr M. J. Ferguson

Ms Macklin

Mr S. F. Smith

Ms Brodtmann

Mr Fitzgibbon

Mr Marles

Ms Smyth

Ms A. E. Burke

Mr Garrett

Mr Melham

Mr Snowdon

Mr A. S. Burke

Mr Georganas

Mr Mitchell

Mr Swan

Mr Butler

Mr Gibbons

Mr Murphy

Mr Symon

Mr Byrne

Ms Gillard

Mr Neumann

Mr C. R. Thomson

Mr Champion

Mr Gray

Mr Oakeshott

Mr K. J. Thomson

Mr Cheeseman

Ms Grierson

Mr O’Connor

Ms Vamvakinou

Mr Clare

Mr Griffin

Ms O’Neill

Mr Wilkie

Ms Collins

Ms Hall*

Ms Owens

Mr Windsor

Mr Combet

Mr Hayes*

Ms Parke

Mr Zappia

Mr Crean

Mr Husic

Mr Perrett

 

Mr Crook

Mr S. P. Jones

Ms Plibersek

 

Mr Danby

Dr M. J. Kelly

Mr Ripoll

 

* Tellers

Pairs

Ms Ellis                          Mr Keenan

Mr Rudd                         Mr Schultz

Mr Sidebottom               Mr Briggs

And so it was negatived.

The time allowed by standing order 1 for debate on the motion having expired—

Question—put.

*46

The House divided (the Speaker, Mr Jenkins, in the Chair)—

AYES, 71

Mr Abbott

Mr Fletcher

Mr McCormack

Mr Ruddock

Mr Alexander

Mr Forrest

Mr Macfarlane

Mr Scott

Mr K. J. Andrews

Mr Frydenberg

Ms Marino

Mr Secker*

Mrs K. L. Andrews

Ms Gambaro

Mrs Markus

Mr Simpkins

Mr Baldwin

Mrs Gash

Mr Matheson

Mr Slipper

Mr Billson

Mrs Griggs

Mrs Mirabella

Mr A. D. H. Smith

Mrs B. K. Bishop

Mr Haase

Mr Morrison

Mr Somlyay

Ms J. I. Bishop

Mr Hartsuyker

Mrs Moylan

Dr Stone

Mr Broadbent

Mr A. G. Hawke

Mr Neville

Mr Tehan

Mr Buchholz

Mr Hockey

Mr O’Dowd

Mr Truss

Mr Chester

Mr Hunt

Ms O’Dwyer

Mr Tudge

Mr Christensen

Mr Irons

Mrs Prentice

Mr Turnbull

Mr Ciobo

Dr Jensen

Mr Pyne

Mr van Manen

Mr Cobb

Mr E. T. Jones

Mr Ramsey

Mr Vasta

Mr Coulton*

Mr Katter

Mr Randall

Dr Washer

Mr Crook

Mr C. Kelly

Mr Robb

Mr Windsor

Mr Dutton

Mr Laming

Mr Robert

Mr Wyatt

Mr Entsch

Ms Ley

Wyatt Roy

 

NOES, 71

Mr Adams

Mrs D’Ath

Dr M. J. Kelly

Ms Plibersek

Mr Albanese

Mr Dreyfus

Ms King

Mr Ripoll

Mr Bandt

Mrs Elliot

Dr Leigh

Ms Rishworth

Ms Bird

Dr Emerson

Ms Livermore

Ms Rowland

Mr Bowen

Mr L. D. T. Ferguson

Mr Lyons

Ms Roxon

Mr Bradbury

Mr M. J. Ferguson

Mr McClelland

Ms Saffin

Ms Brodtmann

Mr Fitzgibbon

Ms Macklin

Mr Shorten

Ms A. E. Burke

Mr Garrett

Mr Marles

Mr S. F. Smith

Mr A. S. Burke

Mr Georganas

Mr Melham

Ms Smyth

Mr Butler

Mr Gibbons

Mr Mitchell

Mr Snowdon

Mr Byrne

Ms Gillard

Mr Murphy

Mr Swan

Mr Champion

Mr Gray

Mr Neumann

Mr Symon

Mr Cheeseman

Ms Grierson

Mr Oakeshott

Mr C. R. Thomson

Mr Clare

Mr Griffin

Mr O’Connor

Mr K. J. Thomson

Ms Collins

Ms Hall*

Ms O’Neill

Ms Vamvakinou

Mr Combet

Mr Hayes*

Ms Owens

Mr Wilkie

Mr Crean

Mr Husic

Ms Parke

Mr Zappia

Mr Danby

Mr S. P. Jones

Mr Perrett

 

* Tellers

Pairs

Ms Ellis                          Mr Keenan

Mr Rudd                         Mr Schultz

Mr Sidebottom               Mr Briggs

The requirements of standing order 47(c)(ii) for an absolute majority having not been satisfied, the motion was not carried.