Money flowing to the Menzies Research Centre Limited
$13,256,078 flowed to the Menzies Research Centre Limited (1998-99 to 2024-25) from 100 sources; $4,966,840 as donations, $300,000 public funding. Includes an estimated $162k from BHP Group Limited via related bodies. Sources merged and classified, with flows through associated entities.
Key facts
- How much money has the Menzies Research Centre Limited received? The Menzies Research Centre Limited reported $13,256,078 in receipts between 1998-99 and 2024-25, from 100 sources. $4,966,840 (37%) was donations and $300,000 (2%) was public funding.
- Where does the money flowing to the Menzies Research Centre Limited come from? The largest non-government sources were Cormack Foundation Pty Ltd ($1,525,000); Liberal Party of Australia ($735,266); The Howarth Foundation ($600,000).
- Does money reach the Menzies Research Centre Limited through related companies or trusts? Routes through related bodies (estimated): Commonwealth Bank of Australia → Cormack Foundation Pty Ltd → The Menzies Research Centre Limited ($314,696); Finclear Services Pty Ltd → Cormack Foundation Pty Ltd → The Menzies Research Centre Limited ($210,986); Wesfarmers Limited → Cormack Foundation Pty Ltd → The Menzies Research Centre Limited ($178,350).
What the money is made of
| Government & tax | $5,537,672 | 42% |
| Donors - organisations | $3,245,510 | 24% |
| Transfers from related bodies | $2,364,766 | 18% |
| Donors - individuals | $1,371,330 | 10% |
| Donations from banks/business | $350,000 | 3% |
| Public funding | $300,000 | 2% |
| Business & financial income | $86,800 | 1% |
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".
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).
| Origin | Type | Direct | Via associated bodies (est.) | Total | Main route |
|---|---|---|---|---|---|
| Department of Finance | Government & tax | $2,939,147 | $10,375 | $2,949,522 | Department of Finance → Liberal Party of Australia → The Menzies Research Centre Limited |
| Cormack Foundation Pty Ltd | Transfers from related bodies | $1,525,000 | $6,988 | $1,531,988 | Cormack Foundation Pty Ltd → Liberal Party of Australia (Victorian Division) → Liberal Party of Australia → The Menzies Research Centre Limited |
| Department of Finance and Administration | Government & tax | $1,409,479 | $54,428 | $1,463,907 | Department of Finance and Administration → Liberal Party of Australia → The Menzies Research Centre Limited |
| Department of Finance and Deregulation | Government & tax | $1,083,103 | – | $1,083,103 | |
| Liberal Party of Australia | Transfers from related bodies | $735,266 | – | $735,266 | |
| The Howarth Foundation | Donors - organisations | $600,000 | – | $600,000 | |
| Michael Crouch Foundation | Donors - organisations | $350,000 | – | $350,000 | |
| Commonwealth Bank of Australia | Business & financial income | $11,000 | $314,696 | $325,696 | Commonwealth Bank of Australia → Cormack Foundation Pty Ltd → The Menzies Research Centre Limited |
| Australia and New Zealand Banking Group Ltd | Donations from banks/business | $300,000 | $19,227 | $319,227 | Australia and New Zealand Banking Group Ltd → Cormack Foundation Pty Ltd → The Menzies Research Centre Limited |
| Commonwealth of Australia | Public funding | $300,000 | – | $300,000 | |
| Google Australia Pty Ltd | Donors - organisations | $286,000 | – | $286,000 | |
| BHP Group Limited | Donors - organisations | $110,000 | $162,195 | $272,195 | BHP Group Limited → Cormack Foundation Pty Ltd → The Menzies Research Centre Limited |
| Finclear Services Pty Ltd | Donors - organisations | – | $210,986 | $210,986 | Finclear Services Pty Ltd → Cormack Foundation Pty Ltd → The Menzies Research Centre Limited |
| National Australia Bank | Business & financial income | $44,000 | $166,878 | $210,878 | National Australia Bank → Cormack Foundation Pty Ltd → The Menzies Research Centre Limited |
| Jenny McCarthy | Donors - individuals | $190,000 | – | $190,000 | |
| Wesfarmers Limited | Donors - organisations | – | $178,350 | $178,350 | Wesfarmers Limited → Cormack Foundation Pty Ltd → The Menzies Research Centre Limited |
| Paul Espie | Donors - individuals | $165,000 | – | $165,000 | |
| Rio Tinto Limited | Donors - organisations | – | $156,165 | $156,165 | Rio Tinto Limited → Cormack Foundation Pty Ltd → The Menzies Research Centre Limited |
| Michael J Crouch | Donors - individuals | $150,000 | – | $150,000 | |
| Cormack Foundatrion Pty Ltd | Donors - organisations | $150,000 | – | $150,000 | |
| M B Turnbull | Donors - individuals | $150,000 | – | $150,000 | |
| David Orford | Donors - individuals | $130,000 | – | $130,000 | |
| Monetti Pty Limited | Donors - organisations | $125,000 | – | $125,000 | |
| Qantas Airways Limited | Donors - organisations | $124,585 | – | $124,585 | |
| McLellan Foundation | Donors - organisations | $120,000 | – | $120,000 | |
| AMP Services | Donors - organisations | $111,000 | – | $111,000 | |
| Anchorfield PTY LTD As Trustee for the Brazil Family Foundation | Donors - organisations | $100,000 | – | $100,000 | |
| PG Howarth Pty Ltd | Donors - organisations | $100,000 | – | $100,000 | |
| Jennifer McCarthy | Donors - individuals | $89,000 | – | $89,000 | |
| Australian Taxation Office | Government & tax | $47,643 | $37,828 | $85,471 | Australian Taxation Office → Liberal Party of Australia → The Menzies Research Centre Limited |
| Australian Electoral Commission | Public funding | – | $75,623 | $75,623 | Australian Electoral Commission → Liberal Party of Australia → The Menzies Research Centre Limited |
| Uber Australia Pty Ltd | Donors - organisations | $66,000 | – | $66,000 | |
| Vodaphone | Donors - organisations | $63,800 | – | $63,800 | |
| The Pratt Foundation | Donors - organisations | $55,000 | – | $55,000 | |
| Ian Wilson Liberal Foundation Inc. | Donors - organisations | $55,000 | – | $55,000 | |
| Serco Asia Pacific | Donors - individuals | $54,985 | – | $54,985 | |
| Woodside Energy Ltd | Donors - organisations | $52,500 | – | $52,500 | |
| Jillian Mathieson | Donors - individuals | $50,000 | – | $50,000 | |
| Mr Paul Espie | Donors - individuals | $50,000 | – | $50,000 | |
| Midgeon Holdings Pty Ltd | Donors - organisations | $50,000 | – | $50,000 |
Funding tree
Largest direct sources. Open an entry to see who funded it (estimated, same financial years).
- Department of Finance $2,939,147
Cormack Foundation Pty Ltd $1,525,000
- Commonwealth Bank of Australia $314,696 (est.)
- Finclear Services Pty Ltd $210,986 (est.)
- Wesfarmers Limited $178,350 (est.)
- BHP Group Limited $162,195 (est.)
- Rio Tinto Limited $156,165 (est.)
- National Australia Bank $144,228 (est.)
- Transurban Holdings Limited $45,582 (est.)
- Goldman Sachs JB Were $40,000 (est.)
- Westpac Banking Corporation $29,834 (est.)
- Coles Group Limited $26,004 (est.)
- Australia and New Zealand Banking Group Ltd $19,227 (est.)
- L1 Long Short Fund Limited $10,326 (est.)
- Department of Finance and Administration $1,409,479
- Department of Finance and Deregulation $1,083,103
Liberal Party of Australia $735,266
- Australian Electoral Commission $75,623 (est.)
- Department of Finance and Administration $54,428 (est.)
- Australian Taxation Office $37,828 (est.)
- Liberal Party of Australia (Victorian Division) $33,496 (est.)
- Australian Agency for International Development $30,762 (est.)
- National Australia Bank $22,650 (est.)
- Liberal Party (W.A. Division) Inc $18,171 (est.)
- MINERALOGY PTY LTD $18,171 (est.)
- Department of Finance $10,375 (est.)
- Parakeelia Pty Ltd $9,966 (est.)
- Liberal Party of Australia, NSW Division $7,661 (est.)
- EGT and BC Bateman $7,268 (est.)
- The Howarth Foundation $600,000
- Michael Crouch Foundation $350,000
- Australia and New Zealand Banking Group Ltd $300,000
- Commonwealth of Australia $300,000
- Google Australia Pty Ltd $286,000
- Jenny McCarthy $190,000
- Paul Espie $165,000
Where this body sends money
| Recipient | Relationship | Years | Total |
|---|---|---|---|
| Liberal Party of Australia | to its party | 1998-99 to 2023-24 | $1,287,597 |
By financial year
| Year | Donations | Transfers | Public funding | Business & other | Total |
|---|---|---|---|---|---|
| 2024-25 | $570,000 | $350,000 | $0 | $313,781 | $1,233,781 |
| 2023-24 | $590,000 | $413,200 | $0 | $305,231 | $1,308,431 |
| 2022-23 | $306,100 | $170,000 | $0 | $301,995 | $778,095 |
| 2021-22 | $248,985 | $110,000 | $0 | $274,027 | $633,012 |
| 2020-21 | $184,500 | $0 | $0 | $267,854 | $452,354 |
| 2019-20 | $193,000 | $50,000 | $0 | $281,336 | $524,336 |
| 2018-19 | $155,000 | $355,000 | $0 | $255,939 | $765,939 |
| 2017-18 | $522,800 | $111,500 | $0 | $297,739 | $932,039 |
| 2016-17 | $344,000 | $0 | $0 | $311,420 | $655,420 |
| 2015-16 | $102,000 | $50,000 | $0 | $245,729 | $397,729 |
| 2014-15 | $91,000 | $0 | $0 | $239,764 | $330,764 |
| 2013-14 | $67,000 | $0 | $0 | $234,371 | $301,371 |
| 2012-13 | $122,000 | $0 | $0 | $229,105 | $351,105 |
| 2011-12 | $170,000 | $0 | $0 | $224,167 | $394,167 |
| 2010-11 | $60,000 | $35,000 | $0 | $219,071 | $314,071 |
| 2009-10 | $25,000 | $200,000 | $0 | $213,728 | $438,728 |
| 2008-09 | $233,020 | $155,000 | $0 | $219,543 | $607,563 |
| 2007-08 | $181,651 | $100,000 | $0 | $202,245 | $483,896 |
| 2006-07 | $143,914 | $132,066 | $0 | $210,933 | $486,913 |
| 2005-06 | $90,750 | $70,000 | $0 | $201,312 | $362,062 |
| 2004-05 | $29,674 | $5,000 | $0 | $116,539 | $151,213 |
| 2003-04 | $39,628 | $0 | $0 | $121,000 | $160,628 |
| 2002-03 | $55,591 | $0 | $0 | $113,200 | $168,791 |
| 2001-02 | $439,700 | $55,000 | $0 | $114,443 | $609,143 |
| 2000-01 | $0 | $0 | $0 | $110,000 | $110,000 |
| 1999-00 | $0 | $3,000 | $200,000 | $0 | $203,000 |
| 1998-99 | $1,527 | $0 | $100,000 | $0 | $101,527 |
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.
