Bill Shorten “I understand that the Prime Minister has addressed this in a press conference in Turkey in the last few hours, I haven’t seen what she said, but let me say I support what it is that she said…My view is what the Prime Minister’s view is.”
And since those deals are done in secret, legislators are largely free to pass laws, special tax cuts, or earmarks that benefit their future employer with little or no accountability to the public.
Only donations to political parties of over $11,500 must be disclosed, a figure the Howard government had installed as the reporting threshold. Under the Rudd government Labor had tried to change it back down to $1000 but had been thwarted by the Coalition. It looks like they are going to try again, this time with the help of the Greens.
According to The Age the reform package is also likely to include:
- Removal of the loophole that allows donors to hide their contributions by splitting them across state branches.
- A tightening of the definition of a donation.
- A requirement that political parties and donors notify the commission within 14 days of any donation over $100,000.
- It will stop short of bans on corporate/union donations or caps on campaign spending.