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Political funding in Australia deals with political donations, public funding and other forms of funding received by politician or political party in Australia to pay for an election campaign. Political parties in Australia are publicly funded, to reduce the influence of private money upon elections, and subsequently, the influence of private money upon the shaping of public policy. After each election, the Australian Electoral Commission distributes a set amount of money to each political party, per vote received. For example, after the 2013 election, political parties and candidates received $58.1 million in election funding. The Liberal Party received $23.9 million in public funds, as part of the Coalition total of $27.2 million, while the Labor Party received $20.8 million.[1]
In Australia, the majority of private political donations come in the form of donations from corporations,[2] which go towards the funding of the parties' election advertising campaigns. Donations and affiliation fees from trade unions also play a big role, and to a lesser extent donations from individuals. Donations occasionally take the form of non-cash donations, referred to as gifts-in-kind.
The Australian Electoral Commission (AEC) monitors donations to political parties, and publishes a yearly list of political donors.[3] In practice, it is not difficult for donors to make undisclosed donations to political parties in Australia;[4] for example, donors can sometimes hide their identities behind associated entities.[3]
- ^ "AEC Finalises $58 Million Of Election Funding To Candidates In Federal Election". Australianpolitics.com. 27 November 2013. Retrieved 19 September 2017.
- ^ Young, Sally (2006). Political finance in Australia : a skewed and secret system (PDF). Australian National University. Archived from the original (PDF) on 17 October 2011. Retrieved 29 September 2007.
- ^ a b "Are our politicians for sale?". The Age. Melbourne. 23 May 2006. Retrieved 21 September 2007.
- ^ The Age, Payments, power and our politicians