Crikey’s lists of the biggest political donations for 2005-06 in last Thursday’s edition quite rightly focused on entries that were defined as “donations”. Our figures largely ignored those defined as “other receipts” because in the past these have these have been limited to things such as reimbursements from the tax office and public funding.
For instance, the $1.07 million “other receipt” from Adelaide Bank declared by the NSW ALP in 2004-05 wasn’t a donation, but simply interest earned from funds on deposit.
However, NSW Labor is now rorting this definitional confusion in a huge way and claiming most contributions it receives are “other receipts”. The party declared 384 contribution totalling $12.26 million in 2005-06 but only 20 of these worth $350,000 were actually classified as “donations”.
These are the biggest NSW ALP “donations” we published last Thursday:
Dr Stanley Ho – $109,000
Meriton Apartments Pty Ltd – $50,000.00
True Stanley Ho – $35,000
Becton Property Group – $27,500.00
Group Pty Ltd – $27,500.00
Total receipts: $12,261,225.04
Now, compare that with the following complete list of all contributions above $20,000 that NSW Labor pocketed in 2005-06 when you include “other receipts”:
SDA: $221,645
Health Services Union: $188,926
United Services Union: $111,723
North Steyn Investments: $110,000
AMWU: $95,704
Mirvac: $93,000
Australian Hotels Association: $92,500
Westfield $87,000
Johnson Property Group: $80,250
Macquarie Bank: $78,125
Kingold Group: $75,000
Grocon (Grollo family): $72,500
National Union of Workers: $67,817
Medich Properties: $60,000
Rail Tram and Bus Union: $51,596
Transport Workers Union: $48,758
CFMEU: $48,081
LHMU (Missos union): $46,905
Australand: $45,250
Bradcorp Holdings: $44,330
Memo Corporation: $42,650
Austcorp Group: $40,300
Australian Services Union: $39,394
Anson City Developments: $38,500
Clubs NSW: $38,250
Manildra: $38,000
Transfield: $37,000
Multiplex: $36,960
Australian Workers Union: $34,728
KPMG: $33,000
Leighton: $33,000
Babcock & Brown: $33,000
Sydney Markets: $33,000
Village Building Company: $33,000
Allco: $31,400
Strategic Contacts: $30,000
Walker Corporation: $28,500
Davidson Accountants: $27,500
Direct Factory Outlets: $27,500
McCloy Properties: $27,500
Pfizer: $27,500
Thakral: $27,500
Concrete Recyclers: $26,300
Hardie Holdings: $26,000
PKF Chartered Accountants: $24,080
PwC: $20,830
Lend Lease: $20,500
Seven Network: $20,000
Ziczac: $20,000
Labor has clearly put together a huge war chest for the coming campaign but who are they kidding in claiming developers such as Australand, Mirvac, Grocon and Walker Corp are not actually donating but instead providing some other service?
If these beneficiaries of NSW Government decisions are not simply writing out cheques then the exact nature of the benefit should be properly disclosed, not just lumped in with everything else in an indecipherable way.
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