In a startling admission — which favours the Lowy Family — the electoral body has given the green light to political “donors” masking their true identity by funnelling money to political parties and candidates via little-known corporate affiliates.
Under cover of climate debate, the Greens and Labor swiftly and smartly killed off a longstanding loophole which let Australian billionaires hide their financial affairs. Michael West reports on politicians beating the lobbyists.
We are talking about the “grandfathering” exemption, a loophole standing since 1995 which allowed Australia’s richest families of the time to hide their financial affairs.
olddogthoughts 
You must be logged in to post a comment.