The Albanese government aims to rush through legislation within a fortnight for political donation and spending caps, after in-principle support from the opposition.
The new regime, to be unveiled by Special Minister of State Don Farrell on Friday, would impose a $20,000 “gift cap” on what any recipient could obtain from a particular donor in one calendar year.
The cap on the total amount a donor could give in a year, covering multiple recipients, is expected to be more than $600,000.
