The former prime minister says the only thing that needs to be fixed is more timely disclosure of donations, because voters have to wait far too long to see who is donating to whom.
"The one big change that's needed is more timely disclosure of donations.
Sure, there's lots of useful information in the February disclosure of donations to political parties from the Australian Electoral Commission.
Labor says it will ban foreign donations, require near real-time disclosure of donations, lower the thresholds for disclosure and support increased public funding.
However, there is another way that the parties might have broken the law the much more recent act mandating disclosure of donations.
Bill Shorten saw opportunity on Monday in reminding voters that it has long favoured reducing the thresholds for the disclosure of donations.
After discussing his campaign finance proposal, which also includes more disclosure of donations, Mr. Bush quickly returned to the theme of Mr. Gore's performance.
Labor has signalled it would support a ban on foreign donations, continuous disclosure of donations, lower thresholds at which donations are publicly declared, an end to donation splitting and an increase in public funding.
Labor has opened the door to big changes in Australia's funding and disclosure system, flagging continuous disclosure of donations, a boost in public funding and a ban on foreign donations.
Labor has indicated it would support banning foreign donations, lowering the threshold at which donations are declared, creating more timely and regular disclosure of donations, and boosting public funding for parties.
Sheldon also called for new Australian Electoral Commission laws to require real-time online disclosure of donations over $1,000; uniform state and territory donations laws through the Council of Australian Governments (Coag); and a charter for donation standards for political parties.
