Australian Political Parties to Receive Double Public Funding by 2028
Australian Political Parties to Receive Double Public Funding by 2028
Get ready for a political showdown in Australia! The two major parties, Labor and Liberal, are set to receive a whopping $140m in public funding at the 2028 federal election, thanks to the government's proposed changes to electoral laws. This is more than double their current funding, and it's all thanks to a little thing called 'public funding per eligible vote'. The rate is indexed to inflation, and under the government's proposed changes, it would rise to $5. Plus, registered parties would receive another $30,000 per MP and $15,000 per senator in 'administrative' funding. Will this level the playing field or entrench the duopoly? Only time will tell!