Rush to cap political donations curious (18 Nov 2024)
Article summary: The Australian government plans to introduce a bill on Monday, 18 November, to reform electoral laws by capping donations and campaign spending. The proposed changes would limit political parties to $90 million in election spending, cap individual candidates at $800,000, and restrict donors to $600,000. While the government argues these measures aim to curb the influence of wealthy individuals like Clive Palmer, who spent $123 million on his 2022 campaign with minimal success, critics—including independents—claim the reforms are designed to protect Labor and the Coalition’s dominance at the expense of smaller parties and crossbenchers.
Independent MP Kate Chaney criticised the bill, stating, "While a new independent would have to comply with a $800,000 spending cap, it appears that each political party can spend $90 million, shifting that money around to support any member who is being threatened by a newcomer."
Chaney’s remarks highlight concerns that the changes disproportionately benefit major parties, allowing them to consolidate resources in competitive seats while disadvantaging challengers. The crossbench, which gained 16 seats in 2022, views the reforms as an attempt to curb the growing influence of independents and minor parties.
Despite being framed as a response to public dissatisfaction with big money in politics, critics argue the reforms do little to address systemic inequities. Surveys consistently show that voters are unhappy with the influence of large donations, yet the bill appears to entrench this power dynamic. The reforms are unlikely to face significant opposition in parliament, as Labor and the Coalition are expected to vote in lockstep.
Scepticism about the bill’s true intent is further fuelled by its delayed implementation, set for after the next election. Observers argue the reforms are a superficial attempt to pacify public concerns while preserving the status quo. Given the timing, critics question why the changes are being rushed through now, with some viewing the bill as a symbolic gesture rather than a meaningful reform.
Related article: Push to 'clean up' political donations (20 Mar 2024)
