Victorians To Pay Political Parties $6 A Vote Under Tough New Donation Laws

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Victoria's major political parties would be paid up to $6 for every vote they receive in future state elections, more than three times the funding they receive now, under proposed laws to rein in electoral donations.

Victorian taxpayers will contribute an extra $45 million to pay for political parties’ election campaigns if the crackdown on donations is passed in Victoria’s Parliament later this year.

Anyone caught cheating proposed tougher new donation laws meant to take the whiff of undue influence out of politics could be jailed for between two and 10 years, the Andrews government has warned.

>Political donations could be capped at $4000 every four years in Victoria.

Political donations could be capped at $4000 every four years in Victoria.

Photo: James Davies

Political donations will be capped at $4000, foreign donations to political parties will be banned and any donation of more than $1000 will be disclosed in real time.

There is currently no cap on donation amounts, except for a $50,000 cap for casinos and gambling licence holders, while any donation of less than $13,500 does not have to be disclosed.

Source : https://www.theage.com.au/politics/victoria/victorians-to-pay-political-parties-6-a-vote-under-tough-new-donation-laws-20180508-p4ze2v.html

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Victorians to pay political parties $6 a vote under tough new donation laws