Biggest spenders of the Voice campaign finally revealed
The recently disclosed financial reports of the failed Voice to Parliament referendum in Australia have shed light on the substantial investments made by both the Yes and No campaigns.
According to newly released disclosures, the Yes campaign significantly outspent its counterpart, with expenditures nearing $55 million – more than double the amount spent by the No campaign.
Under Australian law, any campaign expenditure exceeding $15,200 must be reported to the Australian Electoral Commission. These reports, made public almost six months after the referendum's defeat, offer a comprehensive overview of the financial landscape surrounding the proposal to embed an Indigenous voice within the country's constitution, which ultimately saw a 60-40% defeat.
Australians for Indigenous Constitutional Recognition spearheaded the Yes campaign, amassing $47.5 million in donations and spending $43.8 million. Additionally, the University of New South Wales (UNSW), home to the Uluru Statement from the Heart, received $11.12 million in donations, allocating $10.3 million toward campaign efforts.
On the opposing front, No campaign groups collectively spent over $25 million. Australians for Unity, also recognised as Fair Australia, invested $11.1 million, while Advance Australia allocated $10.3 million, despite receiving only $1.3 million in donations during the reporting period.
A noteworthy highlight of the disclosures is the substantial contributions from various entities. The Paul Ramsay Foundation emerged as the largest individual donor, contributing $7.01 million to Australians for Indigenous Constitutional Recognition. Other notable donors include corporate entities such as ANZ, Woodside Energy, Commonwealth Bank and Westpac, all of which supported initiatives associated with the Yes campaign.
Conversely, mineral magnate Clive Palmer's Mineralogy led the No campaign with a spending of $1.93 million. Additionally, political parties played a role in the referendum's financial landscape, with the Liberal Party of Australia, the Nationals, and the Australian Labor Party all making significant contributions.
Former Prime Minister Malcolm Turnbull notably donated $50,000 to the Yes campaign, reflecting a bipartisan interest in Indigenous recognition efforts. Moreover, local governments and independent candidates also made notable contributions to the referendum discourse.
The Paul Ramsay Foundation, a significant donor to the Yes campaign, has been actively involved in addressing social disparities in Australia. With a focus on enabling equitable opportunities for marginalised communities, the foundation's support for Indigenous recognition aligns with its broader mission of fostering sustainable social change.
While the referendum may have concluded, the broader pursuit of Indigenous rights and recognition remains an ongoing journey for the nation.
Image: Two Way Street