Out of money, out of time, out of government

The ALP is flat broke, they are also out of time. If they can keep the majority of the Liberals to under 20 seats they will think they have done well.

LABOR has offered cut-price “intimate” lunches with senior ministers for just $50 and called on supporters to donate $5 as it scrambles to match the Coalition’s big-spending election campaign.

With business plunging millions of dollars into Tony Abbott’s war-chest, senior Labor figures fear they are being outspent three-to-one on television advertising in the campaign’s final week.

And while a tired Prime Minister Kevin Rudd has attended numerous fundraisers during the gruelling campaign, the Opposition Leader will on Wednesday night attend just his third such event – at a glittering $550-a-plate dinner in Sydney. 

Treasurer Chris Bowen was the star guest at a $50-a-plate “intimate lunch” held last month in the Brisbane seat of Moreton, held by Labor’s Graham Perrett.

But Mr Perrett denied the event – attended by local business figures – was a “fundraiser”.

“It was a vote raiser – I don’t need dollars, I need votes,” the Labor MP said.

After his campaign launch on Sunday, Mr Rudd issued an appeal to Labor supporters to “club together” to help the ALP avoid an election wipe-out.

“Please make a donation of $5, or whatever you can afford,” he asked, in his appeal.

Mr Rudd has been forced to hold numerous fundraising events during the campaign – including a $10,000-a-plate dinner held in Sydney ten days ago, limited to just ten people.

Labor insiders claim they are being heavily outspent by the Coalition during the campaign, with Mr Abbott and his senior frontbench team attracting lucrative donations from some of the country’s best known business figures, including shopping centre magnate Frank Lowy.

I suppose the ALP could go tap Eddie Obeid for some cash, he has plenty he rorted.

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