7am Who are Australia’s biggest political donors?
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Feb 4, 2025 Mike Seccombe, national correspondent for The Saturday Paper, dives into the murky world of political donations in Australia. He reveals how nearly half of the over $140 million received by major parties remains undisclosed, raising eyebrows about transparency. The discussion also highlights how wealthy donors influence policy, especially regarding gambling. Seccombe sheds light on the challenges of electoral reform, pointing out the dissatisfaction among independents, and questions whether proposed changes will genuinely promote fairness or favor major parties.
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Rinehart's Donations and Dutton's Relationship
- Gina Rinehart's Hancock Prospecting donated around $500,000 to the Liberal National Party.
- Peter Dutton attended her birthday party, emphasizing their close relationship.
Pratt's Donation and Albanese's Attendance
- Billionaire Anthony Pratt donated $1 million to the Labor Party.
- Shortly after, Anthony Albanese attended a private Pratt function with Katy Perry performing.
Donation Disclosure Discrepancy
- While both major parties received similar total donations, their disclosure practices differ.
- Conservatives don't declare donations below $16,300, while Labor declares at a $1,000 threshold.