Political Parties Received 138 Million in Dark Money Before New Donation Rules Take Effect
Major parties benefited from undisclosed donations while Clive Palmer spent 53 million on failed campaign
The Australian Electoral Commission disclosure reports reveal a record amount of political donations in the 2024-25 financial year. Clive Palmer emerged as the nation biggest individual political donor, pouring 53 million dollars into his unsuccessful campaign.
Meanwhile, members of the Exclusive Brethren and mining magnate Gina Rinehart have donated to right-wing advocacy group Advance, while Coal Australia funded millions in third-party grassroots campaigns.
Labor, the Liberals, and the Greens all received tens of millions from sources that fall below the disclosure threshold in the current federal electoral system.
Analysis
Why This Matters
With new donation transparency rules set to take effect, this represents the last major dump of dark money into Australian politics. Understanding who funds political campaigns is essential for democratic accountability.
Background
The disclosure threshold has allowed donors to give significant amounts without public reporting. Third-party campaign groups have proliferated as vehicles for political spending that bypasses party donation limits.
Key Players
- Clive Palmer: 53 million dollars in direct political spending
- Gina Rinehart: Donated to Advance advocacy group
- Coal Australia: Funded grassroots campaigns
What to Watch
New transparency rules will close some loopholes, but political spending may shift to other mechanisms. Watch for the impact on the upcoming federal election.