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Cormack Foundation
Cormack Foundation Pty. Ltd. is an Australian investment company established to hold for the Liberal Party of Australia (Victorian Division) and associated entities. Named in honour of former Senate President Magnus Cormack, the company was set up in 1988 with the proceeds of $15 million from the sale of former Melbourne radio station 3XY, the broadcast licence of which had been originally licensed to Liberal Party precursor the United Australia Party. 3XY was sold in 1986 for $15.75 million. As of 2018, the Cormack Foundation is worth $70 million and has distributed over $40 million to the Liberal Party since it was founded. The Cormack Foundation is typically the largest single donor to the Liberal Party, but it has also contributed to Family First and the Liberal Democratic Party and right-wing think tanks the Centre for Independent Studies and the Institute of Public Affairs. Donations to the Liberal Democrats angered the Victorian Liberal Party as the Liberal Democrats prefer ...
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Liberal Party Of Australia (Victorian Division)
The Liberal Party of Australia (Victorian Division), branded as Liberal Victoria, and commonly known as the Victorian Liberals, is the state division of the Liberal Party of Australia in Victoria. It was formed in 1949 as the Liberal and Country Party (LCP), and simplified its name to the Liberal Party in 1965. There was a previous Victorian division of the Liberal Party when the Liberal Party was formed in 1945, but it ceased to exist and merged to form the LCP in March 1949. History Background Robert Menzies, who was the Prime Minister of Australia between 1939 and 1941, founded the Liberal Party during a conference held in Canberra in October 1944, uniting many non-Labor political organisations, including the United Australia Party (UAP) and the Australian Women's National League (AWNL). The UAP was a major conservative party in Australia and last governed Victoria between May 1932 and April 1935 under Stanley Argyle's leadership. Argyle lost premiership when the UAP's co ...
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Margaret Guilfoyle
Dame Margaret Georgina Constance Guilfoyle (; née McCartney; 15 May 192611 November 2020) was an Australian politician who served as a senator for Victoria from 1971 to 1987, representing the Liberal Party. She was the first woman to hold a cabinet-level ministerial portfolio in Australia and served as a minister for the duration of the Fraser Government. Guilfoyle was successively Minister for Education (1975), Minister for Social Security (1975–1980) and Minister for Finance (1980–1983). She worked as an accountant before entering politics and in retirement held various positions in the public and non-profit sectors. Early life Guilfoyle was born Margaret Georgina Constance McCartney on 15 May 1926 in Belfast, Northern Ireland. She was the second of three children born to Elizabeth Jane (née Ellis) and William McCartney; her father worked as a civil servant and her mother was a schoolteacher before her marriage. The family immigrated to Australia in 1928, settling in ...
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Campaign Finance
Campaign finance, also known as election finance or political donations, refers to the funds raised to promote candidates, political parties, or policy initiatives and referendums. Political parties, charitable organizations, and political action committees (in the United States) are vehicles used for fundraising for political purposes. "Political finance" is also popular terminology, and is used internationally for its comprehensiveness. Political donations to funds received by political parties from private sources for general administrative purposes. Political campaigns involve considerable expenditures, including travel costs of candidates and staff, political consulting, and advertising. Campaign spending depends on the region. For instance, in the United States, television advertising time must be purchased by campaigns, whereas in other countries, it is provided for free. The need to raise money to maintain expensive political campaigns diminishes ties to a representat ...
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Political Funding In Australia
Political funding in Australia deals with political donations, public funding and other forms of funding received by politician or political party in Australia to pay for an election campaign. Political parties in Australia are publicly funded, to reduce the influence of private money upon elections, and subsequently, the influence of private money upon the shaping of public policy. After each election, the Australian Electoral Commission distributes a set amount of money to each political party, per vote received. For example, after the 2013 election, political parties and candidates received $58.1 million in election funding. The Liberal Party received $23.9 million in public funds, as part of the Coalition total of $27.2 million, while the Labor Party received $20.8 million. In Australia, the majority of private political donations come in the form of donations from corporations, which go towards the funding of the parties' election advertising campaigns. Do ...
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John Curtin House
John Curtin House Limited is a Canberra-based holding company owned by the Australian Labor Party (ALP), named after John Curtin House, a building in Barton, Canberra which was the former headquarters of the Australian Labor Party (ALP). The building is in turn named after the former Labor Prime Minister (1941–1945) and Fremantle MP (1928–1931; 1934–1945) John Curtin. In 2002–2003, John Curtin House gave $1,235,000 to the Australian Labor Party, making it the ALP's single largest donor. From 1992 to 2005, John Curtin House Limited was involved in a controversial scheme where the Australian National Audit Office paid above-market rent for premises at Centenary House, at a profit to the Labor Party. Critics say John Curtin House Limited exists as a front to hide the identities of donors to the Australian Labor Party. See also * Centenary House * Cormack Foundation * Political donations in Australia * Campaign finance Campaign finance, also known as election financ ...
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Pyrrhic Victory
A Pyrrhic victory ( ) is a victory that inflicts such a devastating toll on the victor that it is tantamount to defeat. Such a victory negates any true sense of achievement or damages long-term progress. The phrase originates from a quote from Pyrrhus of Epirus, whose triumph against the Romans in the Battle of Asculum in 279 BC destroyed much of his forces, forcing the end of his campaign. Etymology ''Pyrrhic victory'' is named after King Pyrrhus of Epirus, whose army suffered irreplaceable casualties in defeating the Romans at the Battle of Heraclea in 280 BC and the Battle of Asculum in 279 BC, during the Pyrrhic War. After the latter battle, Plutarch relates in a report by Dionysius: In both Epirote victories, the Romans suffered greater casualties but they had a much larger pool of replacements, so the casualties had less impact on the Roman war effort than the losses of King Pyrrhus. The report is often quoted as or Examples War This list comprises examples of b ...
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Federal Court Of Australia
The Federal Court of Australia is an Australian superior court of record which has jurisdiction to deal with most civil disputes governed by federal law (with the exception of family law matters), along with some summary (less serious) and indictable (more serious) criminal matters. Cases are heard at first instance by single judges. The court includes an appeal division referred to as the Full Court comprising three judges, the only avenue of appeal from which lies to the High Court of Australia. In the Australian court hierarchy, the Federal Court occupies a position equivalent to the supreme courts of each of the states and territories. In relation to the other courts in the federal stream, it is superior to the Federal Circuit and Family Court of Australia for all jurisdictions except family law. It was established in 1976 by the Federal Court of Australia Act. The Chief Justice of the Federal Court is James Allsop. Jurisdiction The Federal Court has no inherent jurisdicti ...
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Michael Kroger
Michael Norman Kroger (born 30 May 1957) is a former Australian lawyer. He was president of the Victorian Liberal Party from 1987 to 1992 and from 2015 to 2018, and is considered a member of the conservative faction. Early life Kroger was educated at Wesley College, Melbourne, where his father Jack Kroger was a senior master. He became politically active while studying at Monash University where he graduated with Bachelor of Jurisprudence and Bachelor of Laws degrees. He became president of the Australian Liberal Students' Federation in 1978. Politics In 1985, Kroger briefed Alan Goldberg QC to lead junior barrister and future federal Treasurer Peter Costello to represent Confectionery Manufacturers of Australia in the Dollar Sweets case. Kroger currently has an estranged relationship with Costello. From 1987 to 1992, Kroger served as president of the Victorian Liberal Party. He instituted a series of reforms, including a move to increase the power of the party executive ...
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Charles Goode
Charles Barrington Goode AC (born 26 August 1938) is a prominent Australian director of public companies. He resides in Melbourne. Goode attended Scotch College, Melbourne and is a graduate of the University of Melbourne, completing a Bachelor of Commerce (Hons). He also received an MBA and LLD (Hons) from that University and an LLD (Hons) from Monash University. After an early career at the establishment stockbroking firm Potter Partners, he has had a long career as a director and Chairman of major public companies. His positions have included *Chairman of ANZ Bank (1995-2010) *Chairman of Woodside Petroleum (1999-2007) (non-executive director since 1988) *Director of Singapore Airlines (1999-2006) *Chairman of Australian United Investment Company Limited *Chairman of Diversified United Investment Limited *Chairman of the Ian Potter Foundation *President of the Howard Florey Institute of Experimental Physiology and Medicine (1997-2004; director since 1987). He became a Comp ...
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Crikey
Crikey is an Australian electronic magazine comprising a website and email newsletter available to subscribers. Crikey was described by the former Federal Opposition Leader Mark Latham as the "most popular website in Parliament House" in ''The Latham Diaries''. In 2014 it had around 17,000 paying subscribers. History Stephen Mayne Crikey was founded by the activist shareholder Stephen Mayne, a journalist and former staffer of then Liberal Victorian premier Jeff Kennett. It developed out of Mayne's "jeffed.com" website, which in turn developed out of his aborted independent candidate campaign for Kennett's seat of Burwood. Longstanding Crikey political commentators/reporters have included the former Liberal insider Christian Kerr (who originally wrote under the pseudonym "Hillary Bray"), Guy Rundle, Charles Richardson, Bernard Keane, Mungo MacCallum and Hugo Kelly. In 2003, Mayne was forced to sell his house to settle defamation cases brought by the radio presenter Steve ...
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John Calvert-Jones
John is a common English name and surname: * John (given name) * John (surname) John may also refer to: New Testament Works * Gospel of John, a title often shortened to John * First Epistle of John, often shortened to 1 John * Second Epistle of John, often shortened to 2 John * Third Epistle of John, often shortened to 3 John People * John the Baptist (died c. AD 30), regarded as a prophet and the forerunner of Jesus Christ * John the Apostle (lived c. AD 30), one of the twelve apostles of Jesus * John the Evangelist, assigned author of the Fourth Gospel, once identified with the Apostle * John of Patmos, also known as John the Divine or John the Revelator, the author of the Book of Revelation, once identified with the Apostle * John the Presbyter, a figure either identified with or distinguished from the Apostle, the Evangelist and John of Patmos Other people with the given name Religious figures * John, father of Andrew the Apostle and Saint Peter * Pope Joh ...
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Hugh Morgan (businessman)
Hugh Matheson Morgan AC, (born 9 September 1940), is an Australian businessman and former CEO of Western Mining Corporation (1990 to 2003). He was President of the Business Council of Australia from 2003 to 2005. The Howard Government appointed him to the board of the Reserve Bank of Australia in 1996, where he remained until 2007. He also was the Founding Chairman of Asia Society Australia. Career Morgan was educated at Geelong Grammar School and the University of Melbourne where he studied law and commerce. He briefly worked as a lawyer for Arthur Robinson & Co. (Western Mining Corporation's law firm) then as a finance director at North Broken Hill (which later became North Limited). Western Mining Corporation Hugh is the son of former WMC CEO, Bill Morgan. After Bill died in the 1970s, Sir Arvi Parbo took Hugh under his wing and in 1976 made him Australia's youngest executive director. He was 36 years old at the time. In 1996, Morgan made the decision to spend $1.25&n ...
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