Unmasked: The companies, people, and industries donating to the Territory’s political parties
New analysis by the NT News reveals who’s who behind the Territory’s political donations and how they’re connected. Search the database>>>
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MAJOR gas and gambling companies have thrown their monetary support behind NT Labor in the lead up to the August election, as new donation analysis reveals who’s who behind the large packets of cash.
Analysis by the NT News has laid out the figure heads behind the companies making the donations to NT’s political parties, which industry sector they belong to, what ties they may have to the party and what other businesses they may run.
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Financial disclosure laws have changed in the NT and will be in effect for the August 22 poll.
Key features of the changes include a $40,000 spending limit per individual candidate and the need for candidates and political parties to operate a “Territory campaign account using an authorised deposit-taking institution, used for NT election purposes”.
The NTEC is due to publish the latest round of political donation disclosures today (August 7).
Based on the previous round of disclosures, published in July and covering the 2019/20 financial year, it can be revealed major NT developers Giuseppe and Sarina Randazzo donated a combined $22,000 to NT Labor via their companies GRC Properties and North-West Constructions Pty Limited, though the Randazzo family overall, through three companies, donated $42,500 to NT Labor.
Property developer Henry Yap, via a donation in his own name and one via Yap Property Investments, has also donated a hefty $42,200 to NT Labor in the 2019/20 financial year.
The people behind the companies donating to Territory Alliance include Gina Panagopoulos and Michael Makrylos, developers of the contentious Parklands project at The Gardens.
Big business has largely deserted the CLP, with a majority of the $127,652 they taken in so far coming from candidates or long-time members.
An indigenous corporation representing the commercial interests of southern Bathurst and Melville Island traditional owners, Mantiyupwi Pty Ltd, donated $1500 to the CLP in 2019/20.
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