The time has come for a national ban on political donations: property developers

03 August 2009

Property developers have backed Queensland Premier Anna Blighs push for a national ban on political donations. Aaron Gadiel, chief executive of the Urban Taskforce, said the industry had been pushing for a ban for several years.

 

Weve consistently argued for a national blanket ban on political donations that does not single out any section of society for special treatment, Mr Gadiel said.

 

A ban on political donations will, once and for all, remove any perception of favouritism in all areas of government decision-making, including tender processes, licensing, approvals and board appointments.

 

Political donations should be banned outright from everyone, including the mining and petroleum sectors, the timber industry, the gun lobby, environmental campaigners and other interest groups.

 

A total, national ban would boost community confidence in the political system.

 

Political parties should be funded by their own members and a public funding formula tied to election results.

 

Anna Bligh should be congratulated for taking a strong position on this critical issue.

 

Anna Blighs tough stand follows a call by former NSW Premier Morris Iemma for a complete ban on political donations. That call was also backed by the Urban Taskforce.

 

The Urban Taskforce is a property development industry group, representing Australias most prominent property developers and equity financiers.

 

For every $1 million in construction expenditure, 27 jobs are created throughout the broader economy. The construction activity made possible by property developers contributes $69 billion to the national economy each year and creates 709,000 direct jobs. The construction industry is Australias third largest source of employment.

 

 

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