Cormack Foundation

Cormack Foundation Pty. Ltd. is an Australian investment company established for the purpose of raising funds for the Liberal Party of Australia.[1][2] The company was originally set up using proceeds from the sale of former Melbourne radio station 3XY.[3]

Australian Electoral Commission records show that in 2002-2003, the Cormack Foundation was the largest single donor to the Liberal Party, donating A$1.8 million.[4] In 2013-2014, it donated $4.26 million.[5]

In 2014-2015, the Cormack Foundation received funds of over $12800 from (among others) BHP Billiton, Rio Tinto, Telstra, each of the Big Four banks. All of these were listed as "other receipts", not as "donations".[6]

See also

References

  1. ↑ "Transparency means more than disclosure". The Age. 2004-02-04. Retrieved 2007-09-24.
  2. ↑ "Mysteries remain in political donations". ABC. 2004-02-02. Retrieved 2007-09-05.
  3. ↑ "ALP donations up to $46m under Latham". The Sydney Morning Herald. 2005-02-01. Retrieved 2007-09-05.
  4. ↑ "Political donations revealed". The Age. 2004-02-03. Retrieved 2007-09-05.
  5. ↑ "Political donations: Mining hits back at Labor". The Sydney Morning Herald. 2015-05-06. Retrieved 2015-05-06.
  6. ↑ "Associated Entity Disclosure Return - FINANCIAL YEAR 2014-15", Peter Matthey, 14 October 2016.

External links

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