The Pros And Cons Of Australian Political Donation

1243 Words5 Pages
Political donations play an important role within the Australian Legal System. There are many cons and pros about this particular issue and debate about how it affects the Australian democratic system and if the law on it should be altered. A political donation is a donation of money to benefit candidates, political parties, member of Parliament to help with the funding of elections, political and community activities.
Parliament of Australia (2012) has claimed that it’s “Establishing a funding scheme that ensures fairness and openness requires a legislative system that promotes an equitable distribution of resources among political parties and candidates and the timely disclosure of political donations and electoral expenditure”.
A political donation is not a donation that is for an individual’s personal use, NSWEC public funding payments, bequests/legacy. There are requirements that individuals and groups have to follow; individual accepting donation within the political party has to be authorised, donations must be accurate and recorded, donations must not be used for personal use.
General requirements for political donations:
The same donor that made a political donation to the recipient must be aggregated due to the donation caps in a financial year.
The same donor that made a political donation to candidates and to elected members must be aggregated due to the donation caps in a financial year.
The same donor that made a political donation for elections and other

More about The Pros And Cons Of Australian Political Donation

Open Document