Cash only: $100 political donations cap in NSW

Cash only donations above $100 to political parties will be banned in NSW under new legislation that will make it the first state to introduce a cap.

NSW Premier Gladys Berejiklian has announced plans to ban cash donations above $100 to political parties.If the legislation is passed, NSW will become the first state to cap cash donations to political parties. The ICAC inquiry has heard claims that Chinese billionaire Huang Xiangmo, who was a prohibited donor at the time,The NSW Liberal Party was also recently revealed to have fallen foul of donation laws in relation to aat a fundraiser for Drummoyne MP John Sidoti in February 2015.

There are caps on annual donations in any form from a single donor at $6400 for contributions to a party or group of candidates and at $2900 for contributions to a single elected member or candidate.

pallavisinghal_ That is really really mean. How are politicians expected to live . On their low wages. Remember if we only pay politicians peanuts. We get monkeys.?

pallavisinghal_ Why?idiots

pallavisinghal_ That's a lot of fake raffles.

daveyk317 pallavisinghal_ Big deal. Nobody pays with cash..(unless it’s delivered in an Aldi bag of course😡). Donations are paid on corporate credit cards..eg $10k tables to hear John Howard speak or $500k cheque from Ros Packer to facilitate a casino..all tax deductible PublicFunding CashDonations

pallavisinghal_ It’s about time that government made the legislation to stop political donations & also reduce the amount of signage around polling booths on ElectionDay & reduce the amount of taxpayers money given back to them auspol wapol ABCNews wanews ABCPolitics WestAusParty

pallavisinghal_ Just make 1000 individual donations of $100. Unless its banned entirely the grubby thieving politicians will always find a loophole.

pallavisinghal_ Best thing that could happen to Australia. Nip corruption and legal political bribes in the bud.

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