Labor and Liberals could each get $19m more from the public under electoral law reform. What else would it do?

Anthony Albanese and Peter Dutton. Under Labor’s bill, the party’s $27m of public election funding would grow to $46.5m – based on 2022 results – and the Liberals’ $26.55m would increase to $45.6m. Composite: AAP Image/Lukas Coch/Mick Tsikas

The Albanese government’s suite of electoral law reforms would result in about $50m more public funding relative to the 2022 election, with Labor and Liberal parties each set to scoop about an extra $19m if the vote share of the last election were replicated.

That is the result of increasing public funding of elections to $5 a vote from July 2026, one of the central planks of Labor’s bill to introduce electoral spending and donation caps.