Candidates to receive $5 per vote from public funding, while parties and independents will receive $30,000 per MP and $15,000 per senator each

Donation and electoral spending caps could pass parliament as early as this fortnight, with Labor confident the Coalition will help it block campaigns of the size run by Clive Palmer at the national level and teal independents at the local level.

But the bill, to be introduced next week, could spark outrage from independents, emerging and minor parties, with plans to increase public funding of elections from $3.35 a vote to $5.

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