Tag: Donors

Hand that gives also receives: government-dependent sectors keep giving

peter costello

It took a pandemic to finally slow the hitherto remorseless rise of the big four consulting firms to the dominant position in Australian public affairs. Having grown in recent years to become one of the biggest sources of political donations while siphoning off billions in government contracts, Ernst & Young (EY), PricewaterhouseCoopers (PwC), KPMG and Deloitte all pulled their political funding back in 2019-20, but still made major contributions.

Hand that gives also receives: government-dependent sectors keep giving

Election 2020 sees record $11 billion in campaign spending, mostly from a handful of super-rich donors

Total spending in the 2020 federal elections is projected to set a new record of almost US$11 billion by November. When adjusted for inflation, that’s over 50% higher than 2016 election spending. This year’s federal election spending – for the presidency, the Senate and the House of Representatives – is on track to be double what it was in 2008.

The real challenge for American democracy is where this money comes from.

Election 2020 sees record $11 billion in campaign spending, mostly from a handful of super-rich donors

Crony Capitalism: Government fights off move to shut loophole for old-money billionaires – Michael West

Rex Patrick, billionaires

The Government has grovelled to its billionaire donors yet again, killing a Senate amendment to force the richest Australians to disclose their financial statements. Michael West reports on the crusade by independent senator Rex Patrick to hold the Morrison Government and its corporate mates such as the Packers, Murdochs and Lowys to account while putting property giant LendLease to the sword over its JobKeeper rorts.

via Crony Capitalism: Government fights off move to shut loophole for old-money billionaires – Michael West

EDITORIAL EXCERPT: The Coalition’s phony war over coal

What do you do when the polls are against you and you don’t have a climate change policy? Start a fake internal war over coal, that’s what.

THE MEDIA suggests the Coalition is at war with itself over coal.

via EDITORIAL EXCERPT: The Coalition’s phony war over coal