One Nation, the Australian political party led by Pauline Hanson, is under scrutiny for failing to submit required financial reports to the Queensland Office of Fair Trading since 2022. This non-compliance could lead to the party's deregistration in Queensland.
Financial records from 2016 to 2022 reveal significant discrepancies, including over $1 million in missing or devalued assets. Critics describe these reports as "incredibly sloppy," raising concerns about the party's financial management and governance.
The Australian Electoral Commission (AEC) is also reviewing One Nation's electoral funding claims. The party withdrew more than $800,000 from its $6 million public funding claim after the AEC questioned over 140 items. The AEC is examining whether the party breached electoral funding laws regarding certain supplier payments included in the claim.
These financial issues have prompted calls for greater transparency and accountability within One Nation. The party's leadership has yet to respond to these concerns.
The potential deregistration of One Nation in Queensland underscores the importance of financial compliance for political parties. The AEC's ongoing review may have broader implications for the party's future operations and its standing in Australian politics.