Candidates to receive $5 per vote from public funding, while parties and independents will receive $30,000 per MP and $15,000 per senator each
Spending caps to be introduced by Labor will prevent campaigns on the scale that Clive Palmer’s United Australia party, which spent more than $120m in 2022.Spending caps to be introduced by Labor will prevent campaigns on the scale that Clive Palmer’s United Australia party, which spent more than $120m in 2022.
Labor proposes to cap spending and donations on a calendar year basis, with totals reset in the new year or after a federal election, and the level of caps indexed once per cycle after the election. Donors will be prevented from giving an aggregate of 30 times the gift cap , with separate limits in each state and territory.Donations to bodies such as major party business forums will be captured, although union affiliation fees to Labor will not count towards the cap.
The bill will also include Labor’s promised reforms for a $1,000 donation disclosure threshold, and real-time disclosure every month, down to every week during an election campaign and every day in the week before and after election day.
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