New rules force NSW Labor MPs to reveal taxable incomes


New rules force NSW Labor MPs to reveal taxable incomes

ABCUpdated February 3, 2013, 11:42 am



As two former New South Wales Labor ministers prepare to face a corruption inquiry this week, the party is launching new rules to provide greater transparency about MPs’ incomes.

State Opposition Leader John Robertson will today travel to Parramatta to launch the new rules, which for the first time will force Labor MPs to reveal their taxable income.

At present, state politicians only have to identify their sources of income.

Labor MPs will also have to declare the pecuniary interests of their spouse or dependents, or any family member holding a contract with the State Government.

The plan was approved by shadow cabinet yesterday and will rule out Labor MPs from having second jobs.

Fairfax media is reporting that Labor’s deputy leader in the Upper House Adam Searle – who is a barrister – is appalled by the move.

The unveiling of the plan comes in the midst of the corruption inquiry into the granting of mining leases by the former Labor government.
Former ministers Ian Macdonald and Eddie Obeid are set to face the Independent Commission Against Corruption (ICAC) this week.

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