South Australian government seeks to ban political donations

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South Australia’s Labor government says it wants money out of politics, and will introduce legislation to ban electoral donations. The Electoral Amendment Bill 2024 would prohibit the giving and receiving of electoral donations and gifts to registered political parties, members of parliament and candidates. Loans to registered political parties, MPs, groups, or candidates from anyone other than a financial institution would also be prohibited.

The bill proposes a restructure and mandatory application of the existing public funding model, including a reduction in the amount parties, MPs and candidates can spend. Given that under the proposed scheme participants would no longer be able to fundraise, the bill proposes to increase public funding, and a system of partial advance payments, so funding entitlements are available to parties and candidates before an election campaign.

 

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