Australian political parties received over $140M in donations, with significant amounts undisclosed.

Australian political parties received over $140 million in donations in 2023/24, with the Labor Party receiving $67.5 million and the Liberal Party getting $64 million. Almost half of these donations, about $35 million for the coalition and $25.5 million for Labor, were undisclosed due to weak disclosure laws. Major donors included Anthony Pratt's Pratt Holdings, which gave $1 million to Labor, and Harry Triguboff's Meriton Properties, which donated $590,000 to the Liberals. Proposed changes to electoral laws aim to lower the disclosure threshold to $1,000 and set spending limits, but critics argue these changes still allow significant undisclosed donations and favor major parties over independents.

2 months ago
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