Caps on campaign spending could be in place before the next federal election under Labor’s plans to head off a political arms race, after it was revealed teal independents spent nearly $10 million to win six key seats.
Wentworth MP Allegra Spender topped the latest Australian Electoral Commission funding report, with spending of more than $2.1 million to win the once blue ribbon Liberal seat of Wentworth at the May election.
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Tom McIlroy is the Financial Review’s Canberra bureau chief based in the press gallery at Parliament House. He was previously the AFR’s political correspondent. Connect with Tom on Twitter. Email Tom at thomas.mcilroy@afr.com