Colourful mining magnate Clive Palmer’s political ambitions appear to be in tatters. But what of his multibillion-dollar legal ambitions?
On Sunday he announced his United Australia Party will not contest Western Australia’s state election in March – a logical decision given his party attracted just 0.6% of the vote in the November election in his home state of Queensland.
But he has not withdrawn his defamation case in the Federal Court of Australia against Western Australian premier Mark McGowan, over statements including comments about Palmer’s claim for up to A$30 billion in damages from the WA government over a stalled iron ore project.