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Hannah Wootton

Teal donors revealed: Business leaders bankrolling independents

Allegra Spender is proving popular among investment managers, while stock trader Rob Keldoulis is donating to independents across the country.

The flight of well-moneyed and influential business figures into the teal movement has been worrying the Liberal Party for years. One only needs to look at the donations for this election cycle to see why.

The donors to Sydney eastern suburbs independent candidate Allegra Spender, for example, could easily be mistaken for those who might make the Rich List.

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Hannah Wootton is a Rear Window columnist, based in Melbourne. Connect with Hannah on Twitter. Email Hannah at hannah.wootton@afr.com

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    Original URL: https://www.afr.com/rear-window/business-elite-revealed-as-teal-cash-donors-20250430-p5lvdq