‘Banning big money, just not theirs’: Teal MPs accused of seeking to protect wealthy donors

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‘Banning big money, just not theirs’: Teal MPs accused of seeking to protect wealthy donors
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Prime Minister Anthony Albanese and senior minister Don Farrell have turned their sights on a group of crossbenchers in a debate over big money in politics.

Teal independent MPs elected on a platform of transparency are seeking to preserve the influence of their wealthy financial donors, according to senior minister Don Farrell, as the debate over money in politics becomes incendiary.

“Labor is committed to this reform. We need to stop billionaires throwing their money around and trying to buy our elections.”The teals, led by Curtin MP Kate Chaney, have raised concerns about changes they fear would make it harder for independent candidates to be elected. However, the teals received big sums in donations and spent large amounts to win their place in parliament.

Simon Holmes a Court, the founder of the Climate 200 crowdfunding vehicle which helped give $13 million to teal campaigns, has also previously met Farrell to put his view that stripping money out of politics, while a potentially worthwhile reform, could entrench the dominance of major parties.

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