The reforms include a campaign spending cap of $800,000 per electorate but registered political parties will be able to access a $90 million war chest for general advertising. AAP journalist Dominic Giannini explains how new reforms might affect Australia's elections.
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00:00So, the major parties have agreed to pass electoral reform, the biggest in 40 years.
00:07So, this is what it means for upcoming elections.
00:11Candidates in federal electorates will only be able to spend $800,000,
00:18but independents are up in arms because they say a $90 million war chest for larger parties
00:25that they're able to spend nationwide can flood electorates such as Wentworth
00:31and a lot of the Teal electorates that the Liberal Party lost the last time around
00:36on top of the cap as long as it's general advertising.
00:40So, while in this legislation there's more transparency measures,
00:44so donations have to be disclosed quicker and above a $5,000 threshold,
00:51the problems that independents have is they say that the big money still stacks the field against them
00:59and benefits the major parties.