My contribution to the CIS weekly email looks briefly at another aspect of the Queensland campaign finance reforms:
An expensive new public funding scheme will further benefit Labor. Under the system for previous elections, parties were paid according to the number of votes they received. For Queensland Labor, which apart from a brief post-floods boost, has been hovering around a 30% primary vote since mid-2010, pay-per-vote could be very costly. The new system will pay on a sliding scale according to how much parties spend. Regardless of their support, political parties can receive up to $5.3 million in public funding on a $1.8 million campaign investment of their own.
A party that contests all seats can spend $7.1 million. Provided they get at least 4% of the vote, for the first 10% of spending they get 100% reimbursement. For the next 80%, they get 75% reimbursement. And for the last 10% of the cap, they get 50% reimbursement.
Obviously this is much better for the ALP than getting paid per vote. But as the LNP pointed out in parliamentary debate, it is even better for Greens. I have not checked their sums, but in the parliamentary debate LNP members were claiming this could translate into $38 per Green vote, up from $1.64 under the previous pay-per-vote system.
Campaign finance reform is designed to insulate political parties from the political effects of their beliefs and actions – contrary to the previous system that made them accountable for their beliefs and actions.