September 8, 2025
Australia Just Changed the Rules for Its Billionaires
Australia to Cap Billionaire Election Spending at $20,000 Per Donor Starting in 2026 Australia has taken a bold step that is already sending ripples through its political landscape. For decades, money has played a powerful role in shaping campaigns, parties, and outcomes, and it has long been a point of debate whether wealth should have such a direct influence on democracy. But now, with sweeping reforms signed into law, the country is drawing a line in the sand. Starting from July 1, 2026, no single donor—billionaire or otherwise—will be allowed to give more than $20,000 in a year to a
