Labor Holdings Pty Ltd

First registered in 1959 as a radio station, then sold in 1987. Labor Holdings Pty Ltd is the Australian Labor Party's leading funds raiser and registered associated entity for The ALP Queensland Office with the Australian Electoral Commission (AEC). The company has generated over $100 million in funds in 20 years since registered with the AEC, providing both the Qld Office and the National Office with $40 million in funds in that time. About half of this money has been in the form of donations, the other as receipts, with about $4.8 million not being categorised. Between 2002 and 2006, no funds were made available to the ALP, followed by a large donation in 2006/7 of $6.3 million to the Qld Office. Described as a investment company, the biggest source of funds has come from a number of firms, particularly Morgan Investments (RBS Morgans, previously known as ACN Amro Morgans) and Macquarie Group, along with Credit Suisse and various other property investment firms and petroleum companies.