Greens and crossbench join Coalition to hand Labor first major defeat in parliament

Senate blocks attempt to water down super funds' transparency rules

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The Greens and Senate crossbench have teamed up with the Coalition to hand the Albanese a major parliamentary defeat, disallowing its regulations watering down superannuation funds' transparency.

The Greens joined the Senate revolt on Thursday, after warning earlier in the week it intended to help defeat Labor because the government backflipped on the unrelated issue of million-dollar fines for bankers.

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