The Australian Electoral Commission has made payments to political parties and candidates totalling $58,076,456.01, following the 2013 federal election.

Election funding is provided to parties and candidates polling at least 4% of the primary vote in House and Senate elections. Each first preference vote was worth 248.800 cents.

The payment is indexed. At the 2010 election, each vote was worth 231.191 cents and a total of $53,163,385 was paid to candidates. [Read more…]