One Nation will resolutely oppose a bill Labor is ramming through Parliament, enabling the major parties to milk taxpayers to revive their flagging finances.

Party leader Senator Pauline Hanson said she was furious at Labor’s latest attempt to marginalise minor parties and lock in the Labor-Coalition duopoly for as long as possible.

“This is unfair, hypocritical, and disgraceful,” Senator Hanson said. “More than 30% of Australians gave their primary vote to a party other than Labor or Liberal at the last election.

“The two-party system—effectively in place since 1908—has been showing signs of collapse for many years now. Labor is doing everything it can to protect its privileged position as one of the two.

"This is a bald-faced attempt to attack significant election spenders like Clive Palmer and Simon Holmes à Court. It will be a compliance nightmare for minor parties and independents.”

Labor’s bill will reduce the political donation disclosure threshold to only $1000; place a $20,000 annual cap on donations by any individual or entity; place a $90 million cap on national election spending; place a $800,000 cap on spending in each electorate; provide additional compliance funding of $30,000 to every sitting MHA (but only $15,000 for Senators); and increase electoral funding per vote to $5.

The government provides no support to small businesses and farmers to manage GST or ATO compliance costs and burdens imposed by the government but will rake in taxpayer money for their own political party to manage compliance costs and burdens.

It significantly disadvantages Senators—where minor parties and independents wield much more influence than in the House—and provides a windfall for Labor and the Coalition at taxpayers’ expense. Labor is deliberately making it much more difficult for a challenger outside the two-party system to be elected to Parliament.

Labor is abusing our democracy in a transparent attempt to control it. What they call one of the biggest reforms in electoral law in 40 years is being rushed through with no inquiry. Labor will do anything to keep its grip on power.