• Political donations from individuals, registered political parties and other entities will be capped at $5,000 to registered political parties or groups and $2,000 to candidates or elected members annually;
• A candidate’s campaign expenditure will be capped at $100,000 per electorate during a regulated period;
• Expenditure by political parties will be capped at $100,000 per electorate and this is in addition to candidate’s expenditure cap
• Third parties may not receive more than $2,000 from each donor in a financial year;
• Third parties may not spend more than $1.05 million in a regulated period or $20,000 per electorate
And indeed if you were running the nation’s most unpopular government six months before an election why wouldn’t you back a plan to limit how much money people can spend throwing you out?
Campagin finance reform is always presented as limiting the improper influence of private interests on public processes. In reality, it is an example of such improper influence – the major political parties using their parliamentary numbers to disadvantage their political rivals.