Good call Tony!
The federal government decided on Thursday not to go ahead with the laws, which would have delivered around $58 million in extra public funding for political parties now preparing for the September poll.
Obviously the Greens weren’t backing it either otherwise it would have been tabled. Personally, I think the ALP brought it up to stave of imminent bankruptcy as their membership and donations plummet as they are redirected to the adults in the game – the Libs. I don’t think his changing his mind casts doubt on other pledges as I doubt these other pledges will stir up so much angst among the voting public. With the country’s economy in intensive care until after the election, now is not the time to tell the voters we are taking more money out of the pile of debt the ALP are about to leave us with. I was disappointed when I read he had agreed to it, now he’s changed his opinion, I think – good call! People will see it as a continuation of trying to curb spending rather than Abbott has reneged. John Birmingham is is beside himself with rage as he writes in the Age;Are you complete idiots? Do you know how much it costs to run an election campaign these days? And they have to be run, you know. There’s no avoiding them unless you want to turn over the keys of the joint to Gillard or Abbott and pronounce them dictator for life. You want democracy? You pay for it.
Elections cost money.
Well, yes John we know Elections coat money and I guess that’s why the Electoral Commission already compensates the parties for their expenses during an election campaign.The amount of election funding payable is calculated by multiplying the number of formal first preference votes received by the rate of payment applicable at the time. This rate is indexed every six months in line with increases in the Consumer Price Index.
The current election funding rate from 1 January 2013 to 30 June 2013 is 247.316 cents per eligible vote.
Which is why, after the 2010 election the ALP received $21 225 869.96 (scroll down) in electoral funding. So what’s the problem. Well, you have to have money before the election as the Electoral Commission pay after the event on votes received. I can see why the ALP are cranky as Abbott, sniffing the wind, has deprived them of upfront money and we all know they won’t get enough votes to make $21 mil this year. If they received all that money just three years ago you’d think they’d have some put aside for the next election – wouldn’t you. Oh, that’s right, it’s the ALP we are talking about.