Money flowing to the Liberal Party of Australia

$436,700,618 flowed to the Liberal Party of Australia (1998-99 to 2024-25) from 1,517 sources; $129,133,437 as donations, $192,061,311 public funding. Includes an estimated $4.0m from Cormack Foundation Pty Ltd via related bodies. Sources merged and classified, with flows through associated entities.

AEC party group: Liberal Party (all AEC-grouped bodies)

Total receipts
$436,700,618
1998-99 to 2024-25
Donations
$129,133,437
30% of receipts
Public funding
$192,061,311
1,517 sources in all
What you won't find in the AEC's own listing: one name per source (spelling variants merged), every source labelled (donor, public funding, business income, transfer), party branches added up without double counting, and the routes money takes through related companies and trusts. Amounts through related bodies are estimates. How this differs from the AEC data »

Key facts

What the money is made of

Public funding$192,061,31144%
Donors - organisations$101,384,02423%
Transfers from related bodies$63,011,86514%
Government & tax$45,789,98010%
Donors - individuals$23,235,9735%
Business & financial income$6,704,0252%
Donations from banks/business$4,513,4401%

How the money flows

Left to right: original source, any associated body it passed through, then this recipient. Band width is the dollar amount; steps before the last are estimates. Public funding, bank and government income is grouped, and small sources are combined into "Other sources".

Public funding → Liberal Party of Australia: $192,002,571J B Were & Son → Cormack Foundation Pty Ltd: $1,694,653 (estimated)BHP Group Limited → Cormack Foundation Pty Ltd: $1,956,124 (estimated)Goldman Sachs JB Were → Cormack Foundation Pty Ltd: $700,800 (estimated)Rio Tinto Limited → Cormack Foundation Pty Ltd: $1,441,456 (estimated)Wesfarmers Limited → Cormack Foundation Pty Ltd: $1,946,032 (estimated)Wesfarmers Limited → Liberal Party (W.A. Division) Inc: $26,301 (estimated)Business & financial income → Cormack Foundation Pty Ltd: $558,736 (estimated)Other sources → Cormack Foundation Pty Ltd: $385,226 (estimated)Business & financial income → Cormack Foundation Pty Ltd: $4,285,725 (estimated)Business & financial income → Liberal Party of Australia (Victorian Division): $271,401 (estimated)Business & financial income → Liberal Party of Australia, NSW Division: $42,871 (estimated)Business & financial income → Liberal Party of Australia (S.A. Division): $55,726 (estimated)Westpac Banking Corporation → Cormack Foundation Pty Ltd: $496,336 (estimated)Westpac Banking Corporation → Liberal Party of Australia (Victorian Division): $8,637 (estimated)Westpac Banking Corporation → Liberal Party of Australia, NSW Division: $141,290 (estimated)Other / unattributed sources → Cormack Foundation Pty Ltd: $198,219 (estimated)Cormack Foundation Pty Ltd → Liberal Party of Australia (Victorian Division): $3,924,024 (estimated)Wesfarmers Limited → Cormack Foundation Pty Ltd: $185,201 (estimated)Bunori Pty Limited → Liberal Party of Australia, NSW Division: $626,208 (estimated)JB Were Limited → Cormack Foundation Pty Ltd: $61,828 (estimated)Public funding → Liberal Party of Australia (Victorian Division): $2,729,616 (estimated)Public funding → Liberal Party of Australia, NSW Division: $3,913,228 (estimated)Public funding → Liberal Party (W.A. Division) Inc: $1,287,807 (estimated)Public funding → Liberal Party of Australia (S.A. Division): $1,290,465 (estimated)Finclear Services Pty Ltd → Cormack Foundation Pty Ltd: $49,791 (estimated)Rio Tinto Limited → Cormack Foundation Pty Ltd: $46,767 (estimated)Other sources → Cormack Foundation Pty Ltd: $2,663,443 (estimated)Other sources → Liberal Party of Australia (Victorian Division): $2,352,060 (estimated)Other sources → Liberal Party of Australia, NSW Division: $1,721,607 (estimated)Other sources → The Free Enterprise Foundation: $5,452,837 (estimated)Other sources → Liberal Party (W.A. Division) Inc: $2,439,699 (estimated)Other sources → Liberal Party of Australia (S.A. Division): $781,367 (estimated)Other sources → Parakeelia Pty Ltd: $196,355 (estimated)Other sources → Liberal Party of Australia: $115,326,514Australia and New Zealand Banking Group Ltd → Cormack Foundation Pty Ltd: $42,803 (estimated)Village Roadshow Limited → Liberal Party of Australia (Victorian Division): $31,650 (estimated)Village Roadshow Limited → The Free Enterprise Foundation: $631,091 (estimated)Paul Ramsay Holdings Pty Ltd → Liberal Party of Australia, NSW Division: $25,821 (estimated)Paul Ramsay Holdings Pty Ltd → The Free Enterprise Foundation: $1,053,526 (estimated)Other / unattributed sources → Liberal Party of Australia (Victorian Division): $2,158,454 (estimated)Other / unattributed sources → Liberal Party of Australia, NSW Division: $2,903,424 (estimated)Other / unattributed sources → Liberal Party (W.A. Division) Inc: $2,173,204 (estimated)Other / unattributed sources → Liberal Party of Australia (S.A. Division): $755,792 (estimated)Other / unattributed sources → Parakeelia Pty Ltd: $1,855,892 (estimated)Government & tax → Liberal Party of Australia (Victorian Division): $180,334 (estimated)Government & tax → Liberal Party of Australia, NSW Division: $223,970 (estimated)Government & tax → Liberal Party (W.A. Division) Inc: $338,121 (estimated)Government & tax → Parakeelia Pty Ltd: $211,729 (estimated)Government & tax → Liberal Party of Australia: $45,848,720Cormack Foundation Pty Ltd → Liberal Party of Australia: $12,860,000Liberal Party of Australia (Victorian Division) → Liberal Party of Australia: $11,656,176Liberal Party of Australia, NSW Division → Liberal Party of Australia: $9,598,419Pratt Holdings → Liberal Party of Australia: $8,856,400The Free Enterprise Foundation → Liberal Party of Australia: $7,355,500Business & financial income → Liberal Party of Australia: $6,293,288Liberal Party (W.A. Division) Inc → Liberal Party of Australia: $6,265,132SUGOLENA PTY LTD → Liberal Party of Australia: $4,154,900Australian Agency for International Development → Liberal Party of Australia: $3,041,672Liberal Party of Australia (S.A. Division) → Liberal Party of Australia: $2,883,350Australia and New Zealand Banking Group Ltd → Liberal Party of Australia: $2,369,000The Greenfields Foundation → Liberal Party of Australia: $2,300,000Parakeelia Pty Ltd → Liberal Party of Australia: $2,263,976Paul Marks → Liberal Party of Australia: $1,875,000The Hon Malcolm Turnbull MP → Liberal Party of Australia: $1,750,000Cormack Foundation Pty Ltd: $12,860,000Cormack Foundation P… $12,860,000Australia and New Zealand Banking Group Ltd: $42,803Australia and New Zealand Ba… $42,803Parakeelia Pty Ltd: $2,263,976Parakeelia Pty Ltd $2,263,976Business & financial income: $558,736Business & financial income $558,736Rio Tinto Limited: $46,767Rio Tinto Limited $46,767Goldman Sachs JB Were: $700,800Goldman Sachs JB Were $700,800The Greenfields Foundation: $2,300,000The Greenfields Foun… $2,300,000BHP Group Limited: $1,956,124BHP Group Limited $1,956,124Other / unattributed sources: $198,219Other / unattributed sources $198,219Wesfarmers Limited: $185,201Wesfarmers Limited $185,201Bunori Pty Limited: $626,208Bunori Pty Limited $626,208Other sources: $115,326,514Other sources $115,326,514Other sources: $15,607,368Other sources $15,607,368Public funding: $9,221,116Public funding $9,221,116Village Roadshow Limited: $662,741Village Roadshow Lim… $662,741Business & financial income: $4,655,723Business & financial… $4,655,723Rio Tinto Limited: $1,441,456Rio Tinto Limited $1,441,456Paul Ramsay Holdings Pty Ltd: $1,079,347Paul Ramsay Holdings… $1,079,347Pratt Holdings: $8,856,400Pratt Holdings $8,856,400Government & tax: $954,154Government & tax $954,154Other / unattributed sources: $9,846,766Other / unattributed… $9,846,766Wesfarmers Limited: $1,972,333Wesfarmers Limited $1,972,333Liberal Party of Australia (S.A. Division): $2,883,350Liberal Party of Aus… $2,883,350Finclear Services Pty Ltd: $49,791Finclear Services Pty Ltd $49,791Paul Marks: $1,875,000Paul Marks $1,875,000Westpac Banking Corporation: $646,263Westpac Banking Corp… $646,263Liberal Party of Australia: $436,700,618Liberal Party of Australia $436,700,618Public funding: $192,002,571Public funding $192,002,571Other sources: $385,226Other sources $385,226JB Were Limited: $61,828JB Were Limited $61,828Australia and New Zealand Banking Group Ltd: $2,369,000Australia and New Ze… $2,369,000Cormack Foundation Pty Ltd: $3,924,024Cormack Foundation P… $3,924,024Business & financial income: $6,293,288Business & financial… $6,293,288Australian Agency for International Development: $3,041,672Australian Agency fo… $3,041,672The Hon Malcolm Turnbull MP: $1,750,000The Hon Malcolm Turn… $1,750,000J B Were & Son: $1,694,653J B Were & Son $1,694,653Liberal Party of Australia (Victorian Division): $11,656,176Liberal Party of Aus… $11,656,176Government & tax: $45,848,720Government & tax $45,848,720SUGOLENA PTY LTD: $4,154,900SUGOLENA PTY LTD $4,154,900Liberal Party of Australia, NSW Division: $9,598,419Liberal Party of Aus… $9,598,419Liberal Party (W.A. Division) Inc: $6,265,132Liberal Party (W.A. … $6,265,132The Free Enterprise Foundation: $7,355,500The Free Enterprise … $7,355,500Direct sourceOriginal sourceVia associated bodyRecipient

Who is behind the money

"Direct" is what the AEC return shows this body receiving from that source. "Via associated bodies" is an estimate of money that reached this body through another recipient (for example a company that received from the source, then passed money on).

OriginTypeDirectVia associated bodies (est.)TotalMain route
Australian Electoral CommissionPublic funding$191,797,893$6,889,005$198,686,898Australian Electoral Commission → Liberal Party of Australia, NSW Division → Liberal Party of Australia
Australian Taxation OfficeGovernment & tax$25,786,162$895,213$26,681,375Australian Taxation Office → Liberal Party (W.A. Division) Inc → Liberal Party of Australia
Cormack Foundation Pty LtdTransfers from related bodies$12,860,000$3,976,363$16,836,363Cormack Foundation Pty Ltd → Liberal Party of Australia (Victorian Division) → Liberal Party of Australia
Department of FinanceGovernment & tax$14,066,341$140,277$14,206,618Department of Finance → Liberal Party (W.A. Division) Inc → Liberal Party of Australia
Liberal Party of Australia (Victorian Division)Transfers from related bodies$11,656,176$93,927$11,750,103Liberal Party of Australia (Victorian Division) → Parakeelia Pty Ltd → Liberal Party of Australia
Liberal Party of Australia, NSW DivisionTransfers from related bodies$9,598,419$106,572$9,704,991Liberal Party of Australia, NSW Division → Parakeelia Pty Ltd → Liberal Party of Australia
Pratt HoldingsDonors - organisations$8,856,400$193,836$9,050,236Pratt Holdings → The Free Enterprise Foundation → Liberal Party of Australia
The Free Enterprise FoundationTransfers from related bodies$7,355,500$98,030$7,453,530The Free Enterprise Foundation → Liberal Party of Australia - Tasmanian Division → Liberal Party of Australia
National Australia BankBusiness & financial income$4,397,552$1,896,776$6,294,328National Australia Bank → Cormack Foundation Pty Ltd → Liberal Party of Australia
Liberal Party (W.A. Division) IncTransfers from related bodies$6,265,132–$6,265,132
SUGOLENA PTY LTDDonors - organisations$4,154,900$10,984$4,165,884SUGOLENA PTY LTD → Liberal Party of Australia, NSW Division → Liberal Party of Australia
Commonwealth Bank of AustraliaBusiness & financial income$607,000$3,239,620$3,846,620Commonwealth Bank of Australia → Cormack Foundation Pty Ltd → Liberal Party of Australia
Wesfarmers LimitedDonors - organisations$1,209,500$2,189,010$3,398,510Wesfarmers Limited → Cormack Foundation Pty Ltd → Liberal Party of Australia
Australian Agency for International DevelopmentDonors - organisations$3,041,672–$3,041,672
Australia and New Zealand Banking Group LtdDonations from banks/business$2,369,000$557,816$2,926,816Australia and New Zealand Banking Group Ltd → Cormack Foundation Pty Ltd → Liberal Party of Australia
Liberal Party of Australia (S.A. Division)Transfers from related bodies$2,883,350–$2,883,350
Westpac Banking CorporationBusiness & financial income$1,371,538$1,051,767$2,423,305Westpac Banking Corporation → Cormack Foundation Pty Ltd → Liberal Party of Australia
Village Roadshow LimitedDonors - organisations$1,717,917$662,741$2,380,658Village Roadshow Limited → The Free Enterprise Foundation → Liberal Party of Australia
Department of Finance and AdministrationGovernment & tax$2,041,109$289,447$2,330,556Department of Finance and Administration → The Menzies Research Centre Limited → Liberal Party of Australia
The Greenfields FoundationTransfers from related bodies$2,300,000–$2,300,000
Parakeelia Pty LtdTransfers from related bodies$2,263,976–$2,263,976
BHP Group LimitedDonors - organisations$53,750$2,060,225$2,113,975BHP Group Limited → Cormack Foundation Pty Ltd → Liberal Party of Australia
Paul MarksDonors - individuals$1,875,000–$1,875,000
Inghams Enterprises Pty LtdDonors - organisations$1,700,000$170,324$1,870,324Inghams Enterprises Pty Ltd → The Free Enterprise Foundation → Liberal Party of Australia
J B Were & SonDonors - organisations$153,100$1,694,653$1,847,753J B Were & Son → Cormack Foundation Pty Ltd → Liberal Party of Australia (Victorian Division) → Liberal Party of Australia
The Hon Malcolm Turnbull MPDonors - organisations$1,750,000–$1,750,000
Department of Finance and DeregulationGovernment & tax$1,508,658$190,501$1,699,159Department of Finance and Deregulation → The Menzies Research Centre Limited → Liberal Party of Australia
Rio Tinto LimitedDonors - organisations–$1,497,295$1,497,295Rio Tinto Limited → Cormack Foundation Pty Ltd → Liberal Party of Australia
Paul Ramsay Holdings Pty LtdDonors - organisations$405,646$1,079,347$1,484,993Paul Ramsay Holdings Pty Ltd → The Free Enterprise Foundation → Liberal Party of Australia
NSW Electoral CommissionPublic funding–$1,478,253$1,478,253NSW Electoral Commission → Liberal Party of Australia, NSW Division → Liberal Party of Australia
ASX LimitedDonors - organisations$1,406,500–$1,406,500
ORYXIUM INVESTMENTS LIMITEDDonors - organisations$1,300,000$21,150$1,321,150ORYXIUM INVESTMENTS LIMITED → Liberal Party of Australia, NSW Division → Liberal Party of Australia
Mrs Roslyn Packer AODonors - individuals$1,295,000–$1,295,000
The Menzies Research Centre LimitedTransfers from related bodies$1,287,597–$1,287,597
Liberal Party of Australia - Queensland DivisionTransfers from related bodies$1,265,374–$1,265,374
Liberal National Party of QueenslandTransfers from related bodies$1,184,874$29,751$1,214,625Liberal National Party of Queensland → National Party of Australia → Liberal Party of Australia
Croissy Pty LtdDonors - organisations$1,075,000$135,892$1,210,892Croissy Pty Ltd → The Free Enterprise Foundation → Liberal Party of Australia
Woodside Energy LtdDonors - organisations$1,136,500$35,793$1,172,293Woodside Energy Ltd → Cormack Foundation Pty Ltd → Liberal Party of Australia
Balmoral Pastoral Pty LtdDonors - organisations$895,000$170,955$1,065,955Balmoral Pastoral Pty Ltd → The Free Enterprise Foundation → Liberal Party of Australia
Coca-Cola Amatil LimitedDonors - organisations$1,025,250$5,379$1,030,629Coca-Cola Amatil Limited → Liberal Party of Australia (S.A. Division) → Liberal Party of Australia

Funding tree

Largest direct sources. Open an entry to see who funded it (estimated, same financial years).

Where this body sends money

RecipientRelationshipYearsTotal
Liberal Party of Australia, NSW Division1998-99 to 2024-25$26,668,815
Liberal Party of Australia (Victorian Division)1998-99 to 2024-25$20,196,279
Liberal National Party of Queensland2013-14 to 2024-25$19,062,612
Liberal Party (W.A. Division) Inc2001-02 to 2024-25$10,059,189
Liberal Party of Australia (S.A. Division)2004-05 to 2022-23$6,244,574
Parakeelia Pty Ltdto its associated entity1998-99 to 2024-25$5,251,034
A.C.N. 009 936 010 Pty Ltd2010-11$2,909,376
Liberal Party of Australia - Queensland Division2001-02 to 2004-05$2,363,120
The Greenfields Foundationto its associated entity1999-00 to 2023-24$1,725,000
Liberal Party of Australia - Tasmanian Division1998-99 to 2024-25$1,379,947
Liberal Party of Australia - ACT Division1998-99 to 2024-25$879,433
The Menzies Research Centre Limitedto its associated entity2001-02 to 2023-24$735,266
Cormack Foundation Pty Ltdto its associated entity2010-11$100,000
Liberal Asset Management (Custodians) Limited2010-11$82,305
Higgins 200 Club2000-01$80,000

By financial year

YearDonationsTransfersPublic fundingBusiness & otherTotal
2024-25$13,476,435$1,524,836$26,812,144$4,604,025$46,417,440
2023-24$3,353,110$1,615,736$399,582$1,841,360$7,209,788
2022-23$2,916,448$2,652,201$26,650,955$5,108,033$37,327,637
2021-22$8,318,015$5,010,756$0$2,607,602$15,936,373
2020-21$5,251,932$553,013$228,042$2,220,286$8,253,273
2019-20$3,980,058$661,376$959,533$4,681,888$10,282,855
2018-19$9,025,727$6,058,852$26,935,469$1,734,394$43,754,442
2017-18$3,353,608$274,035$101,692$1,549,195$5,278,530
2016-17$5,632,218$600,000$24,203,153$4,837,034$35,272,405
2015-16$7,381,586$1,518,746$198,189$1,967,069$11,065,590
2014-15$3,055,750$708,239$228,000$770,871$4,762,860
2013-14$7,743,900$4,225,492$25,061,001$3,037,545$40,067,938
2012-13$5,632,184$2,280,480$0$378,066$8,290,730
2011-12$3,401,950$898,820$0$264,972$4,565,742
2010-11$6,188,459$2,719,157$21,097,860$3,218,777$33,224,253
2009-10$2,605,550$1,458,354$171,417$580,001$4,815,322
2008-09$662,389$405,365$104,023$935,300$2,107,077
2007-08$4,221,410$6,010,965$18,133,645$4,380,089$32,746,109
2006-07$2,659,500$1,611,381$0$1,626,677$5,897,558
2005-06$2,230,027$496,823$0$675,333$3,402,183
2004-05$6,966,114$2,086,150$17,956,326$2,647,413$29,656,003
2003-04$3,102,094$409,271$0$370,569$3,881,934
2002-03$2,716,317$304,373$58,740$515,416$3,594,846
2001-02$4,625,226$11,199,674$2,556,862$1,619,779$20,001,541
2000-01$2,586,007$382,218$0$64,011$3,032,236
1999-00$2,887,314$460,325$0$221,300$3,568,939
1998-99$5,160,109$6,885,227$204,678$37,000$12,287,014

About this data

Returns report yearly totals, not individual transactions, so amounts passing through related bodies are estimated by apportioning what an intermediary passed on across the sources that funded it that year. Names are merged only when the spelling clearly refers to the same body, so one entity can still appear under more than one name. Donors are organisations or individuals giving money; public funding is paid by electoral commissions; business and financial income is bank interest, payment processors and similar; transfers are money moved from a related party body, company or trust.

Source: Australian Electoral Commission, Transparency Register annual returns (Detailed Receipts, Associated Entity Returns, Party Returns). Not an official AEC publication. Updated 13 October 2026. See the About popup for what we add and for licensing.