The big story about the Australian Electoral Commission’s annual release of political donations disclosures is how little they really tell us
Over the last decade, the major parties have routinely only transparently disclosed 10-20% of their incomes as donations.
There is another 20-35% of party incomes that falls into a grey area, where accounting enables them to conceal the source of the money.
The precise splits for 2016-17 are:
Liberal Party private…