Labor and Coalition Finalize Electoral Reform, Angering Crossbench
The major parties passed new donation caps and spending limits, sidelining independents who argue the changes entrench their dominance.
- Labor and the Coalition reached a deal to cap political donations at $50,000 and campaign spending at $800,000 per candidate and $90 million nationally.
- The reforms also raise the threshold for disclosing donations from $1,000 to $5,000, increasing transparency compared to the current $16,900 threshold.
- Crossbench MPs, excluded from negotiations, criticized the deal as a major-party 'stitch-up,' claiming it disadvantages independents and smaller parties.
- The legislation includes increased public funding for candidates, rising from $3.35 to $5 per vote for those receiving at least 4% of first preferences.
- The reforms, set to take effect after the next federal election, mark the first federal limits on campaign donations and expenditures in Australia.