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Counting the political cost

ACCORDING to figures tendered to the Western Australian Electoral Commission, the Australian Labor Party finished the 2001-02 financial year with a $66,000 surplus.

That was achieved on the back of total receipts of more than $2 million.

The party also finished the financial year with debts of $501,850.39. Its major creditors were John Curtin House, owed $211,252.91, the national ALP secretariat ($114,400.26), Esanda Finance ($28,990) and the Commonwealth Bank ($26,843.79).

Not surprisingly unions were large contributors to the ALP’s coffers.

The Shop Distributive and Allied Employees Association of WA contributed $80,848.98; the Australian Hotels Liquor and Miscellaneous Workers Union’s WA branch put in $59,025.37; the Transport Workers Union added $58,449.80; the Construction Forestry Mining and Energy Union’s WA branch paid $23,239.32; the Australian Workers Union’s WA branch paid $20,467.68; and the Australian Manufacturing Workers Union contributed $10,000.

On the corporate side Publishing and Broadcasting Ltd donated $25,000, Saloman Smith Barney donated $20,000, Burswood Nominees donated $18,000, Westralia Airports Corporation donated $15,000, Great Southern Plantations donated $10,000 and Clough Ltd donated $5,000.

The Liberal Party of Australia’s WA Division drew in more than $4 million, and, again based on the figures tendered to the WAEC, drew a $407,000 surplus.

At the end of the 2001-02, the party had debts of $1.166 million. Its largest creditors were the Liberal Party of WA, which was owed $644,007.92, the National Australia Bank ($500,000) and Broome-based advertising agency Magnolia Associates ($22,130.47).

Major contributors to the division’s funds included Burswood International Resort ($35,000), Clough Ltd ($22,000), Western Mining ($10,000) Westralia Airports Corporation ($10,000), Great Southern Plantations ($10,000), Multiplex Constructions ($6,500) and now struggling telecommunications company NewTel ($5,000). Publishing and Broadcasting Ltd paid the division $1,650.

The Liberal Party of WA did not do as well as its national counterpart, receiving $37,930.77 and incurring expenses of $152,079.42. At the end of 2001-02 the party also owed the National Australia Bank $282,303.34.

The Australian Democrats WA Division’s largest corporate contribution came from Metcash Traders ($20,000). The party also received $15,000 from the Distilled Spirits Industry Council of Australia and $10,800 from the Australian Hotels Association. Max Multimedia contributed $10,000. Overall it received $179,000.

The National Party did not fare as well in the financial stakes, receiving just $150,490 in 2001-02. It paid out $515,290 in the same period and finished the financial year with debts of $392,928.

Major contributors to the National Party included Consolidated Minerals ($12,000), Epic Energy ($10,000), Wesfarmers Limited ($10,000), Westralia Airports Commission ($10,000) and Great Southern Plantations ($10,000).

Greens WA received income of $473,339 in 2001-02 and incurred expenses of $362,141.59.

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