34
submitted 7 months ago by [email protected] to c/[email protected]

The origin of at least $57m – amounting to about a quarter of all funding to major political parties – is unknown, according to an analysis by Guardian Australia.

The analysis of annual political returns, released by the Australian Electoral Commission on Thursday, show between 21% and 27% of donations and other receipts to Labor, the Coalition and the Greens were from unnamed sources.

you are viewing a single comment's thread
view the rest of the comments
[-] [email protected] 2 points 7 months ago

This is the best summary I could come up with:


The origin of at least $57m – amounting to about a quarter of all funding to major political parties – is unknown, according to an analysis by Guardian Australia.

The analysis of annual political returns, released by the Australian Electoral Commission on Thursday, show between 21% and 27% of donations and other receipts to Labor, the Coalition and the Greens were from unnamed sources.

The difference between the sum of the donations declared and the total amount is so-called “dark money” – essentially funds for which the source is not publicly known.

Meanwhile, spending and donation caps, and a lowering of the disclosure threshold, are on the table as part of a suite of electoral reforms promised by the Albanese government.

The special minister of state, Don Farrell, later confirmed he was still trying to “get some consensus” with the parties about increasing transparency and accountability into the federal electoral system.

The Centre for Public Integrity, which has been tracking the amount of dark money in Australia’s political system for years, said implementing the changes would make “substantial inroads” toward improving the issues.


The original article contains 629 words, the summary contains 183 words. Saved 71%. I'm a bot and I'm open source!

this post was submitted on 01 Feb 2024
34 points (100.0% liked)

Australian Politics

1261 readers
14 users here now

A place to discuss Australia Politics.

Rules

This community is run under the rules of aussie.zone.

Recommended and Related Communities

Be sure to check out and subscribe to our related communities on aussie.zone:

Plus other communities for sport and major cities.

https://aussie.zone/communities

founded 1 year ago
MODERATORS