All those first preference votes go to the LNP.
The number of senators elected depends on how many quotas are filled.
The party themselves decide who comes first, second and so on on their ticket.
It looks like your vote will be exhausted immediately.
Exhausted votes:
As a result of the Senate voting reforms to a partial preferential rather than fully preferential voting method, it is likely that there will be an increase in the number of exhausted votes. A vote is considered “exhausted” when there is no next available preference for any continuing candidate meaning that it must be set aside from the scrutiny at that point.
Transferring the surplus:
Any surplus votes from elected candidates (votes in excess of the quota they need), are transferred to the candidates who were the second choice of voters on those ballot papers. Because it is not possible to determine which votes actually elected the candidate and which votes are surplus, all the elected candidate's ballot papers are transferred at a reduced rate.
