Morrison Government bankrolled by property lobby

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It should come as no surprise that property industry donations favour the Coalition about eight to one, according to Australian Electoral Commission figures:

The Australian property industry, including billionaires Harry Triguboff and Frank Lowy and development groups, has overwhelmingly supported the Coalition and other conservative groups, with a total of $6,512,572 in political donations pouring into their pockets in the past financial year.

Labor and progressive outfit GetUp fared much worse, according to a new analysis of Australian Electoral Commission donations data for 2018-19, which includes the lead-up to the last federal election in May. These groups attracted only $823,902 over the same period, which is just more than an eighth of their opponents’ haul.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.