Politicians Are Trousering $60 Million Of Taxpayers' Cash From The Election

Money, money, money.

The Australian Electoral Commission will be handing over more than $60 million of public funding to political parties and politicians, in the first of three rounds of payments from the federal election.

Stefan Postles / Getty Images

The AEC said 24 parties and 24 independent candidates will be trousering the $60,466,642.44 cash. Candidates get public funding if they obtain at least 4% of the formal first preference vote.

The Liberal party will get $23 million, Labor $22 million, the Greens $6 million, the Nationals $3 million, Pauline Hanson's One Nation $1.6 million, the Nick Xenophon Team $1.1 million and Derryn Hinch's Justice Party will take away more than $544,000 from its first election.

AEC

Despite not being elected, Tony Windsor and Rob Oakeshott will be both paid more than $70,000.

AEC / Via aec.gov.au

That's not bad for three weeks of campaigning by Oakeshott in Cowper!

One Nation's $1.6 million payout means over the course of 20 years Pauline Hanson has received about $7.8 million for running political campaigns.

Stephen Murray @smurray38

The history of public election funding since 1998 to Pauline Hanson and parties branded with her - nearly $7.85mn

04:53 AM - 27 Jul 2016