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The Dive | Business News

4 hours of fundraising a day: What does it cost to get elected?

The Dive | Business News
The Dive | Business News

It's election season. Australia heads to the polls in a matter of weeks, America is voting on primaries for the midterms, the UK just held local elections and France just voted in Macron for another term. But how much is the price of democracy? In Australia, the Grattan Institute expect that politicians will spend almost 500 million dollars trying to get elected in 2022 - with mining billionaire Clive Palmer 100 million of that total sum. However, this amount pales in comparison to the US. In 2016, the Washington Post reported that Hilary Clinton alone spent $1.4 billion and Donald Trump spent just shy of $1 billion. All up, the 2020 election saw $14.4 billion spent. Today Alec and Sascha ask, 'what does it cost to get elected, and who's paying?'


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The Dive | Business News
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