Australia’s federal government receives legal advice that political parties cannot use money donated by their legacy investment funds for election campaigning. The advice follows a High Court decision that invalidates Victoria’s campaign finance laws. According to the reports, the government’s position is that funds held in or contributed through legacy investment funds do not fall within permissible sources for political campaigning under the relevant regulatory framework. The legal advice indicates that major parties may be required to repay millions of dollars if campaign spending is found to have used money from these legacy investment sources. The outlets agree that the High Court ruling is central to the change in the legal landscape, removing or overturning the basis for Victoria’s campaign finance regime. As a result, parties’ use of certain categories of donations is now subject to legal scrutiny and potential repayment requirements, depending on how the funds were classified and applied. The reports do not describe specific figures or repayment timelines, but they characterize the situation as affecting major political parties and potentially involving substantial amounts.