Proposed Political Donation Reforms Spark Concerns Over Fairness
Australian government faces pushback from independents and minor parties over donation caps and spending limits favoring major parties.
- Labor's proposed reforms aim to cap individual donations at $20,000, lower disclosure thresholds to $1,000, and impose spending limits of $800,000 per electorate.
- Independents and minor parties argue the changes disproportionately benefit major parties by increasing public funding per vote and limiting their ability to compete.
- The legislation includes provisions for real-time donation disclosures and stricter transparency measures to address 'dark money,' which accounted for $67.2 million in 2023-24.
- Critics highlight that the reforms allow major parties to spend up to $90 million nationally, while independents face stricter caps and lack access to equivalent resources.
- Negotiations continue in the Senate, with crossbenchers advocating for changes to ensure fair competition and transparency across the political landscape.