Canberra in the dark over corporate influence

The Australia Institute hired corporate governance experts to look into influence peddling by businesses. Turns out not much is known about the money companies spend on political operations.

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What influence do corporations have over politics in Australia? It’s impossible to say for sure, particularly because companies don’t disclose very much about their political expenditure, according to the Australia Institute. 

The left-wing think tank hired experts to look into corporate influence peddling, and found big Australian businesses lag behind their counterparts in the US when it comes to political expenditure transparency. 

“I was surprised to see how few companies disclose their payments to trade associations,” Australia Institute democracy and accountability program director Bill Browne told Crikey. 

Read more about hidden expenditure…

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