that slashed penalty rates and left workers millions of dollars out of pocket.
The ABC has excluded these payments from the overall analysis of gambling contributions because it isn't clear how much of this funding has wound up in the political system. The Canberra Labor Group, for example, channels funds through the 1973 Foundation, which was reportedly set up to shift ACT Labor's finances into real estate. Returns lodged by the 1973 Foundation show it received $2.5 million from the Canberra Labor Club in 2013-14 and $378,538 in 2010-11.
It's little wonder. More than $10 million of the $12.45 million disclosed by ACT Labor since 1998-99 has come from the Canberra Labor Club and the 1973 Foundation, according to figures compiled by the Greens' Democracy For Sale project. The deeper problem with the donations system, however, is the lack of transparency. Over two decades, roughly 35 per cent of private funding to political parties, about $1 billion, has remained hidden from public scrutiny, according toThe first is the high disclosure threshold. In 2020-21, the disclosure threshold for donations, which rises yearly based on inflation, climbed to $14,300, meaning only donations above this amount need to be disclosed.
"There's just simply no reason why we should be waiting anywhere near as long as we are to see donations," Wood says.
Very informative expose. TY to researchers & authors for exposing this cancer on society. Young ppl r getting flooded w gambling grooming & adverts on all social media incl TV. All so politicians can pay the bills w/out real management of our taxes & keep their high pay & pension
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