Billionaire cardboard King Anthony Pratt, Australia’s biggest donor, slotted the Liberal Party $1.2m via Pratt Holdings. What’s the scam?
The scam is Pratt has historically been bipartisan, even paying more to Labor in some years (he backed Bill Shorten but apparently not Anthony Albanese). His companies have been richly rewarded with government largesse in return.
Pratt is also on the Secret Rich List, which means he, like other old wealth billionaires, does not have to report certain financial information pertaining to companies which are “grandfathered”.
Stephanie is a journalist with a passion for uncovering stories that hold power to account. With a background in both law and journalism, she has worked at The Guardian and as a paralegal, where she assisted Crikey’s defence team in the high-profile defamation case brought by Lachlan Murdoch. Her reporting has been recognised nationally, earning her the 2021 Democracy’s Watchdogs Award for Student Investigative Reporting and a nomination for the 2021 Walkley Student Journalist of the Year Award.