Donation Disclosure

July 25, 2017

Australian Conservatives have recently lodged the AEC funding and disclosure form for the 2016/17 financial year.

We support political donation reform including improved transparency and more timely disclosure requirements. Rather than wait twelve months for details to be made public, we provide the following information.

AEC DisclosureAEC-logo-RGB_(1).png

The Party was formally registered on 12 April 2017 and the AEC requires disclosure for all income and expenditure from that date until the end of financial year.

Income                             $497,935
Expenditure                       $114,744

The income included only one donation in excess of the disclosure threshold, being $129,600 from the Family First political party as a result of its amalgamation with Australian Conservatives.

Over 14,000 individual donations were received resulting in an average contribution of $35.56.
If the Family First donation is excluded the average donation is $26.30

 

Additional Disclosure since Party Formation

The formation of Australian Conservatives as a Political Party was announced on 7 February 2017. Although not required, these transactions were included as a note on the AEC return to ensure maximum transparency.

The income and expenditure for the 2016/17 financial year from the date of Party formation announcement (7/2/17) to 30/6/17 was as follows.

Income                 $788,600
Expenditure           $286,915

The income included only one donation in excess of the disclosure threshold, being $129,600 from the Family First political party as a result of its amalgamation with Australian Conservatives.

Over 18,500 individual donations were received resulting in an average contribution of $42.62.
If the Family First donation is excluded the average donation is $35.62.

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