Published: February 01, 2021
Coalition and Labor financial disclosures reveal $2.4m in finance department grants, as well as Covid payments and other public funding
Major parties banked a record amount of taxpayer funding in 2019-20 including $2.4m in grants from the finance department and at least $300,000 in jobkeeper payments and the cashflow boost tax concession, according to their financial disclosures.
The 2019-20 disclosures to the Australian Electoral Commission, released on Monday, reveal the importance of public funding to party finances, including wage subsidies and money delivered through the little-known Australian Political Parties for Democracy Program.
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