Australian political financial disclosure returns for 2006-7 just released

Australian Electoral Commission (AEC) media release today.

 

"The 2006/07 annual financial disclosure returns from political parties, associated entities and donors have been released for public inspection.

The annual returns are on the Australian Electoral Commission's website at http://fadar.aec.gov.au/

The returns for the 2006/07 financial year include 49 political party returns, 218 associated entity returns and 194 donor returns. 

For the first time, people who engage in political expenditure are required to lodge a return.  Fifty-one political expenditure returns have been lodged for 2006/07.

Total receipts disclosed by political parties in the 2006/07 financial year were $127,218,316.76 compared to $74,556,334.55 for the 2005/06 annual returns.

For associated entities, the total declared receipts increased from $113,397,256.91 in 2005/06 to $637,938,063.70 in 2006/07 – largely as a result of the increase in the number of associated entities.

At this time last year, the AEC had received 80 political party returns, 89 associated entity returns and 317 donor returns. 
The increase in associated entity returns since last year can be attributed to the broadening of the definition of associated entity to include trade unions affiliated with the Australian Labor Party. 

The decrease in donor returns is a result of the new increased disclosure threshold (more than $10,300 for 2006/07) applying for the full financial year.  During the 2004/05 financial year, the last to use the old threshold, there were 1,286 donor returns. In 2005/06, when the new threshold applied for half the year, the number declined to 317 donor returns.

Attached is a fact sheet showing the basic disclosure requirements."

 

For those who love following the money trail, all the usual suspects plus more can be found using the search button at:

http://fadar.aec.gov.au/