It’s not pretty, but from my limited knowledge it seems that voting down the bill was the best course of action
The thing is, they didn’t vote down the bill. They stalled it by a few weeks while they extracted concessions out of Labor, then Labor secretly dropped the concessions and tried to pass the original bill, then the Greens forced them back into presenting the improved version with yet more improvements. Then they passed it.
It was a long term investment fund anyway, so not a short-term fix, so delaying it by a few weeks isn’t a big deal, especially if the end result is better. Plus, the version that got passed actually changed from having a maximum spend per year to a minimum. So its short term benefit was actually improved by the Greens delaying it.
The thing is, they didn’t vote down the bill. They stalled it by a few weeks while they extracted concessions out of Labor, then Labor secretly dropped the concessions and tried to pass the original bill, then the Greens forced them back into presenting the improved version with yet more improvements. Then they passed it.
It was a long term investment fund anyway, so not a short-term fix, so delaying it by a few weeks isn’t a big deal, especially if the end result is better. Plus, the version that got passed actually changed from having a maximum spend per year to a minimum. So its short term benefit was actually improved by the Greens delaying it.