A Guardian Australia investigation reveals that despite a 2018 law banning property developer donations, companies linked to the industry have given over $500,000 to Queensland's major political parties before the state election. While most donations appear lawful, experts question the ban's effectiveness.
Most donations appear to have been made lawfully but experts question the effectiveness of the Queensland ban on property developer donations.Most donations appear to have been made lawfully but experts question the effectiveness of the Queensland ban on property developer donations.
Williams is a director of several entities involved in property development, including a company that built disability housing in Cairns. Spence said in 2018 that he was “at risk of being prosecuted and going to jail” if he was involved in the party’s fundraising, due in part to his work at a company that provided town planning and other services for property development. He and the LNPHe says he no longer has any personal development interests, and that the ECQ has clarified that “it did not intend interpreting the legislation in a way that captured consultants”.
The LNP has received $42,000 from investment company Australian Secure Capital Fund. The fund’s executive director, Filippo Sciacca, is listed by the corporate regulator as a director of various development companies. Sciacca said ASCF was “in full compliance with the relevant legislation and should the laws be changed will ensure it continues to comply”.
Queensland Donations Property Developers Election Lawful
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