New laws are expected to pass on Thursday night in Queensland parliament which will lift the threshold used for political donation reporting.
The majority of political donations in Queensland are set to go unreported under new laws.
The declaration threshold will rise from $1000 to $12,400, to align with the federal government.
Without consistency, the state would be open to court challenges, Premier Campbell Newman says.
“Constitutionality, laws get struck down if a federal law overrides it,” he said.
“If the federal government drops the disclosure threshold, automatically Queensland law will line up with that.
“We want the federal government to lower the threshold, they should do that.”
The opposition and minor parties are livid and say Queenslanders won’t know who is buying influence.
In the last six months of 2012, only 15 of the 352 donations to the LNP were over $12,400, and only six of the 161 donations to Labor were more than that amount.
Labor Leader Annastacia Palaszczuk says 95 per cent of political donations are likely to go unreported.
“This legislation attacks the fundamental democratic rights of everyday Queenslanders, while providing for special concessions to allow the big end of town to gain special influence over the premier and his cabinet ministers,” Ms Palaszczuk said when the bill was debated on Wednesday night.
The laws, due to pass Thursday night, also remove caps on donations and campaign expenditure.
Declarations will have to be made every month instead of every six months, and voters will need to show identification at the ballot box.
Minor parties could also take a financial hit.
They’ll now have to secure six per cent of the vote before they can secure public funding, with the threshold to be raised from four per cent.
Fledging political parties Katter’s Australian Party and Palmer United Party, and independent Peter Wellington united for a press conference on Thursday decrying the change.
They say the government is out to stifle their resources, and the bill comes after the government denied the KAP party a slice of opposition funding in 2012.
“Major parties are doing everything in their power to legislate us out of existence,” KAP’s Shane Knuth said.
“They want to be very, very careful because we believe they’ll be having to crawl to us, for a position of power (after the next election).”