Australia moves to cap political donations after billionaire spending scandals
Australia is set to introduce limits on party donations and electioneering spending after revelations that billionaires like Gina Rinehart and Clive Palmer have poured millions into politics.
Investigations have revealed that mining billionaire Gina Rinehart and associates contributed over AU$3 million to One Nation, including cash and an aircraft, and that Clive Palmer spent upwards of AU$260 million on recent federal elections. Under existing Australian law, such contributions are legal because donation caps are absent and disclosure thresholds are high. A reform package approved in early 2025 will, for the first time, limit party and lobby group electioneering spending and set a AU$50,000 ceiling on donations to a single political entity, effectively allowing up to AU$1.6 million across party divisions.
The spending cap will be AU$90 million per one outlet party, with AU$800,000 limits for marginal seats, while lobby groups will face an AU$11.25 million cap. Critics, including the Greens, argue the limits remain too generous and may still favor established parties over independents. The reforms also raise public funding per vote to AU$5-10 and introduce administrative subsidies based on parliamentary representation. Implementation is delayed until next year to allow the electoral commission to upgrade its disclosure systems.
Why it matters
The reforms aim to curb billionaire influence in Australian elections and increase transparency of political financing.
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