The election funding payment is to increase to $2.52 per vote on January 1.
Election funding is provided to candidates who poll at least 4% of the primary vote in House of Representatives and Senate elections.
The Australian Electoral Commission announced the increase today. In a media statement it said:
“The amount of election funding payable is calculated by multiplying the number of formal first preference votes received by the rate of payment applicable at the time. This rate is indexed every six months in line with increases in the Consumer Price Index.