Original article by Paul Karp
The Guardian Australia – Page: Online : 19-Mar-24

Political donations of more than $1.5 million would be banned under the fair and transparent elections bill, which is being tabled by crossbench and independent MPs in both houses of federal parliament. The bill also calls for a ban on donations from socially harmful industries such as the fossil fuel sector and for ‘truth-in-political advertising’. It further calls for the donation disclosure threshold to be lowered to $1,000, but it does not support a recommendation from the electoral matters committee to cap spending on elections, due to concerns that this could effectively entrench the two major parties.

CORPORATES