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Wednesday, 10 October 1973
Page: 1814


Mr COHEN (ROBERTSON, NEW SOUTH WALES) -Will the Minister for Services and Property introduce legislate similar to that operative in the United States to make it compulsory for all political parties to disclose the source of their funds so that the Australian people can see for themselves how much foreign money is being poured into Liberal Party coffers so that it can sell this country out to overseas interests?


Mr DALY (GRAYNDLER, NEW SOUTH WALES) (Minister for Services and Property) - The practice of publishing contributions made to political parties that the honourable member has mentioned is common in a number of countries throughout the world. It is followed in the United States and it is about to be followed in Canada. In a recent visit overseas I saw that this commendable practice was well adopted by those countries. I think all people in this country want to avoid any Watergates, and therefore there is a great case to be made for the names of the donors to political parties to be made public. That particularly applies in regard to multi-national companies, which seek to defeat duly elected governments by contributing funds to their opponents in Australia and other places. I believe also the sources of the $lm fund that the Liberal Party is collecting from these kinds of organisations to defeat this Government should be made known. The Australian Labor Party has under consideration a number of electoral reforms. Very high on the list is consideration of the proposal that we do what the honourable member for Robertson has said and that is to make it necessary by legislation for donors and the amounts they contribute to political parties to be made known. I am hopeful that in the immediate future we may be able to bring down in this Parliament that kind of legislation. Then we will see where the Liberal Party stands with respect to its anonymous donors who seek to defeat this Government.







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