|According to a report in The Australian, political donations from gambling companies are to be capped at $50,000 AUD under laws to be introduced into the Victorian Parliament. |
The Australian Labor party has been embarrassed by revelations that it accepted a $100,000 AUD donation from a company owned by Kerry Packer, an investor in Crown casino, after its election win in 1999. Kerry Packer is reported to be one of the biggest gamblers on the casino circuit, and the donation is doubly embarrassing in light of Australia’s ongoing debate on gambling legislation.
“…People or organisations that hold such licences will be prohibited from making donations to registered political parties totaling more than $50,000 in a financial year,” Attorney-General Rob Hulls said.
The proposed legislation brings Victorian elections into line with the commonwealth, Queensland, the ACT and NSW. It also includes new disclosure laws on political donations that Hulls described as being among the toughest in the county.