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This Is How Much Of Your Money Politicians Got From The Election

Millions of dollar, dollar bills y'all.

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Political parties and independent politicians will pocket more than $62 million of public funding from the July 2 federal election.

Stefan Postles / Getty Images

24 parties and 24 independent candidates will split $62,778,275.03 in taxpayers' cash based on the number of votes they received on election day.

Candidates get public funding if they obtain at least 4% of the formal first preference vote.

This election, each first preference vote was worth 262.784 cents.

The Liberal party will get $24 million, Labor $23 million, the Greens $6.7 million, the Nationals $3 million, Pauline Hanson’s One Nation $1.7 million, the Nick Xenophon Team $1.2 million and Derryn Hinch’s Justice Party will take away more than $581,000 from its first election.

One Nation’s $1.7 million payout means over the course of 20 years Pauline Hanson has received about $7.8 million for running political campaigns.

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

Alice Workman is a political reporter for BuzzFeed News and is based in Canberra.

Contact Alice Workman at alice.workman@buzzfeed.com.

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