Labor aims to legislate spending caps and truth in advertising, says Don Farrell

Labor will push to legislate spending caps and truth in political advertising, as well as promote adherence to the one-vote one-value principle in an ambitious suite of electoral reforms, Don Farrell said.

Anthony Albanese has twice stressed the importance of the principle of one-vote one-value since being elected prime minister.

The comments indicate the reforms could be bundled together with other commitments, such as reducing the political donation disclosure threshold to $1,000.

In 2019, Labor suffered from a social media-driven scare campaign falsely claiming it planned to introduce a death tax.

While some of its own campaign messaging, including the claims the Coalition would privatise Medicare in 2016 and expand the cashless debit card in 2022, has sailed close to the wind, Labor denies misleading voters.

The federal director of the Liberal party, Andrew Hirst, signalled the Coalition will likely oppose spending caps.