Labor set to work with Coalition on passing electoral reform bill that critics say has ‘major loopholes’

Bill contains spending caps of $90m for a federal political campaign and $800,000 for an individual electorate campaign

The Albanese government is willing to consider Coalition amendments on its proposed $20,000 donation cap and $1,000 disclosure threshold to get its signature electoral bill through parliament.

On Tuesday the Coalition party room agreed to wave the bill through the House of Representatives but reserved its final position, giving itself leverage in negotiations with Labor over the bill, which has sparked outrage from independents and the crossbench.

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