no public inquiry and a secretive consultation process

Ick. Always a bad start.

• MPs and political staffers can still pay a “levy” to their party. Historically, these levies have been worth more than the large political donations coming from vested interests and wealthy donors.
• Nominated entities that can continue to donate to the major parties.

Ok the points the article was making up until here were, in my opinion, unconvincing. But this is huge. As Professor Twomey said about the federal bill this enormously favours the big established parties.