Skip to content

Queensland Passes Law to Cap Political Donations

  • World

US Fracking Backlog Grows But Sector Ready to ‘Begin Rebounding’

However, Reuters reported Wednesday that several larger producers are “starting to turn everything back on,” according to Oklahoma oil marketer, Joshua Wade. Oil Industry Unemployment Worries Rystad Energy said in a report last week that over 100,000 jobs had already been lost in the U.S. oil and gas industry due to the CCP virus crisis, and that wages could drop by up to 10 percent through 2021. The most severely affected sector is currently that of support activities for oil and gas production, where more than 44,000 of the 233,550 jobs in the sector had been lost—over 19 percent of employees. Almost 17 percent of drilling jobs had been lost, while 6 and 7 percent of jobs had been lost in oil & gas extraction and construction, respectively. Texas has…

Queensland Passes Law to Cap Political Donations

Legislation to place a cap on political donations and election campaign spending has passed in Queensland parliament, but do not take effect until 2022.

The legislation, which passed in state parliament late on Thursday,聽will limit the amount a person or body can give to a political candidate or party.

The government says it will make elections an even playing field once the laws take effect in 2022.

The delay has at least one academic scratching his head.

University of Queensland political science lecturer Glenn Kefford said while the policy was aimed at raising transparency and reforming political donation laws, the delay didn’t make sense.聽

“The $64,000 question is why do this now and why implement it after the election?” he told AAP.聽 “I do not have the answer.”

Attorney-General Yvette D’Ath said it’s due to economic implications stemming from the COVID-19 pandemic.

She said deferring the donation limits and change to public financing of parties will allow the state government to prioritise economic recovery from the health crisis.

The bill is meant to prevent people or bodies from influencing anyone involved in a state election campaign including political parties, MPs, candidates or other individuals.

It will allow parties and candidates to communicate with voters without drowning out their rivals, and curb candidate donations to $6000 and $4000 for parties over a four-year term of government.

Parties and candidates can all but forget about bombarding polling booths with signage as they will be limited to two signs up to a specified size within 100 metres from the entry point.

Caps on donations and spending were removed by the Liberal National Party under Campbell Newman.

The legislation also includes consequences for ministers who聽fail to disclose a conflict of interest to cabinet or fail to maintain their register of interests where their intent is proven.

These acts could land a minister in prison for up to two years and force them from office.

The legislative changes were flagged following the Jackie Trad integrity scandal over the purchase of a house.

Trad divulged more details about her husband Damien’s Woolloongabba investment property during debate over the bill on Thursday.

She said he had shed some of his business interests and invested the money into the聽$695,000 for the three-bedroom, one-bathroom house.

He told Trad after he had bought it.

Trad said she sought advice from Neil Laurie, the Clerk of the Parliament, and verbally advised him she would need to update her register to include the purchase before the deadline.

She then provided additional information but did not sign necessary paperwork until six weeks later, once it had passed.

“At no stage did I hide or omit the purchase of this house, as confirmed by the Clerk in his evidence before the economics and governance estimates committee hearing on July 23 last year,” Trad told parliament.聽

The saga over her failure to declare the property on time threw the government into chaos and was scoped out by the Crime and Corruption Commission.聽

By Sonia Kohlbacher and Aaron Bunch

Focus News: Queensland Passes Law to Cap Political Donations

New US Huawei Rule Targets Standards, Security Concerns Remain: Ross

WASHINGTON—A new U.S. rule regarding China’s Huawei Technologies is a needed “clarification” to help develop standards, U.S. Commerce Secretary Wilbur Ross said on June 17, adding that security concerns remain over the telecoms equipment maker. Ross, in an interview on Fox Business Network, said the rule released by the department on Tuesday would help create uniformity, but that the United States was still concerned about the potential for spying and opposed the use of Huawei technology in 5G networks. “The change is really simply a clarification. It isn’t that we’re doing something to help Huawei. What we’re doing is something to make it easier for global standards to be symmetrical,” he said. A woman wearing a mask to protect against COVID-19 stands near an advertisement for Huawei mobile phones in…