It isn't as positive as it sounds. Donation reform is something the major parties have twisted into a method of consolidating their own power. The two major parties have both been losing support to third-party candidates, and these reforms are now being used as a means to stop that.
The linked article is very brief and doesn't go into any real detail. Here's a more in-depth (albeit somewhat opinionated) bit of coverage: https://www.crikey.com.au/2024/11/26/donations-reforms-hoax-major-parties/
And in Tasmania now as well
https://www.abc.net.au/news/2026-03-29/free-public-transport-tasmania-until-july-to-counter-fuel-costs/106508198