Policy Development Fund

The purpose of the Policy Development Fund is to reimburse eligible political parties for policy development expenditure incurred in a calendar year.

A political party that is eligible to receive a payment may make a claim with the NSWEC for payment from the Fund.

Eligibility

A party is eligible for annual payments from the Policy Development Fund if:

  • it was a registered party for the full calendar year in which the policy development expenditure was incurred; and
  • the NSWEC is satisfied it operates as a genuine political party; and
  • it is not entitled to payments from the Administration Fund.

Amounts Payable

The annual amount payable to eligible parties is the amount of policy development expenditure incurred by the party during the calendar year up to a maximum amount. That maximum amount is adjusted for inflation each year.

The annual maximum amounts are calculated using the following information:

  • The number of first preference votes received by any candidate endorsed by the party at the previous State general election (and multiplying that number with the relevant amount of cents for a calendar year), or
  • A threshold dollar amount,

whichever is greater.

The annual maximum amounts are as follows:

Calendar year Maximum annual amount payable
2017 61 cents for each first preference vote received by any candidate at the previous State election who was endorsed by the party, or $12,000, whichever is the greater
2016 60 cents for each first preference vote received by any candidate at the 2015 State election who was endorsed by the party, or $11,800, whichever is the greater
2015 58 cents for each first preference vote received by any candidate at the 2015 State general election who was endorsed by the party, or $11,500, whichever is the greater 
2014 56 cents for each first preference vote received by any candidate at the previous State general election who was endorsed by the party, or $11,200, whichever is the greater
2013 27 cents for each first preference vote received by any candidate at the previous State general election who was endorsed by the party, or $5,400, whichever is the greater
2012 26 cents for each first preference vote received by any candidate at the previous State general election who was endorsed by the party, or $5,200, whichever is the greater
2011
  • 25 cents for each first preference vote received by any candidate at the previous State general election who was endorsed by the party, or
  • $5,000, whichever is the greater

Making a Claim for Payment

In order to receive a payment from the Fund a claim for payment must be lodged with the NSWEC. The NSWEC advises all eligible parties of how and when to make a claim for payment. A claim for payment must:

  • be lodged with the NSWEC using the NSWEC approved form; and
  • be accompanied by a declaration which includes the policy development expenditure incurred in the calendar year; and
  • the expenditure referred to in the declaration must be accompanied by copies of the accounts or receipts for the expenditure.

A claim for payment is to be lodged between 1 January and 30 June following the end of the calendar year.

An eligible party may include in the claim any policy development expenditure incurred in the calendar year. Policy development expenditure includes:

  • expenditure for providing information to the public or a section of the public about the eligible party,
  • expenditure for conferences, seminars, meetings or similar functions at which the policies of the eligible party are discussed or formulated,
  • expenditure on providing information to members and supporters of the eligible party,
  • expenditure in respect of the audit of the financial accounts of, or claims for payment or disclosures of, the eligible party,
  • expenditure on the remuneration of staff engaged in the above activities for the eligible party (being the proportion of that remuneration that relates to the time spent on those activities),
  • expenditure on equipment or vehicles used for the purposes of the above activities (being the proportion of the cost of their acquisition and operation that relates to the use of the equipment or vehicles for those activities),
  • expenditure on office accommodation for the above staff and equipment, and
  • expenditure on interest payments on loans.

Policy development expenditure does not include:

  • electoral expenditure,
  • expenditure incurred substantially in respect of activities that relate to the election of members to a Parliament other than the NSW Parliament,
  • expenditure prescribed by the regulations.

The NSWEC issues guidelines to give further examples of what is and is not administration expenditure (See General Guidelines)

Receiving a payment

Payments are made within 30 days of the NSWEC receiving a claim and all required supporting documentation.

Payments are made by the NSWEC to an account held by the party. No payments are made to a party while the party has an outstanding declaration of political donations and electoral expenditure or where a party has not provided the NSWEC with its annual audited financial statements.