Wealthy Donors Shift Support to Australia's One Nation Party
Some of Australia's wealthiest voters are shifting their support from the conservative Liberal-National coalition to the populist anti-immigration party One Nation, influenced by mining billionaire Gina Rinehart.
In a significant shift in Australian politics, wealthy donors like Angus Aitken and mining tycoon Gina Rinehart have begun supporting the populist anti-immigration party One Nation.
This move comes as the Liberal-National coalition faces internal strife and dismal polling numbers.
Aitken, who donated $165,000 to the conservative party last year, has now committed A$1.1 million to One Nation, expressing dissatisfaction with the 'red tape' and regulatory environment.
Rinehart, Australia's richest person, has also been a key influencer in this realignment, donating her Cirrus G7 plane worth A$1.5 million to the party.
The influx of high-net-worth donors is seen as a response to broader global trends where traditional center-right parties are fragmenting and populist movements are gaining support.