House debates

Wednesday, 20 November 2024

Questions without Notice

Funding of Political Parties

2:17 pm

Photo of Kylea TinkKylea Tink (North Sydney, Independent) Share this | | Hansard source

My question is to the Treasurer. At a time when Australians are struggling more than ever to keep up with their loan repayments, this government, with the likely support of the opposition, will soon pass a piece of legislation that will see the two major parties each receive nearly $5 million a year in public funding as administrative funding assistance. This money will be able to be used to pay interest payments on party loans. How does the government justify allowing public money to be used to pay the interest on political party loans when so many ordinary Australians are struggling?

Photo of Jim ChalmersJim Chalmers (Rankin, Australian Labor Party, Treasurer) Share this | | Hansard source

Thank you to the honourable member for her question. I begin by acknowledging and saluting the terrific work of Minister Farrell, who has been working for some time in a consultative way to do what we can to make sure that our donations regime is as transparent as possible and that we take responsible and necessary steps to lessen the impact of big money on politics. Minister Farrell, in his characteristically diligent and consultative way, has provided to the parliament, for the parliament's consideration, some steps that we think are necessary and sensible to achieve those objectives, and we urge the parliament to support them.

Photo of Milton DickMilton Dick (Speaker) Share this | | Hansard source

I give the call to the honourable member for Holt. The member for Holt will resume her seat. Is the member for North Sydney seeking to make a point of order?

Photo of Kylea TinkKylea Tink (North Sydney, Independent) Share this | | Hansard source

Yes, please.

Photo of Milton DickMilton Dick (Speaker) Share this | | Hansard source

The minister has concluded his answer.

Photo of Kylea TinkKylea Tink (North Sydney, Independent) Share this | | Hansard source

He hadn't when I stood up, Mr Speaker. You had your head down.

Photo of Milton DickMilton Dick (Speaker) Share this | | Hansard source

My apologies to the member for North Sydney. I didn't see her on her feet. I give the call to the honourable member for Holt.