The Palmergate tapes

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The Australian has revealed an interesting recording today in which Clive Palmer blasts his Chinese colleagues:

CLIVE Palmer has been recorded lashing out in angry, expletive-laden tirades of abuse against executives of one of China’s largest companies, which is spending more than $7 billion in Australia.

In one of the recorded rants, obtained by The Australian, the resources tycoon and prime ministerial aspirant twice instructed an executive of CITIC Pacific to “tell your chairman to stick it up his arse”.

Mr Palmer, who describes himself to Australian voters as a lifelong friend of China with deep and respectful relationships, told the executive: “I’ve had enough of you, so just pack up all your f . . king gear and get back to China.”

In the same recording, dated 2010 and now on The Australian’s website, Mr Palmer added: “You people give me the shits. And if you continue to not pay your way we are going to throw you off to the point where we close your project down.

“I’m chairman of this f . . king company, and I don’t want to ring up little shits like you because you won’t pay your bloody, your bloody rates or pay your rent.”

The Australian has been told that the highest levels of China’s political leadership have received reports of Mr Palmer’s antics, including yelling and swearing at Chinese executives of CITIC Pacific, part of parent company CITIC Group.

…Mr Palmer was asked about his tirades against Chinese executives and, allegedly, his own staff.

Mr Palmer replied by text message with a reference to News Corporation chairman Rupert Murdoch, publisher of The Australian, “Did u (sic) listen to the tape of Murdoch he seems to be abusive of the police? It’s completely untrue that I am in any way racist I judge people on their performance good or bad regardless of race I don’t have nor have I ever has (sic) a racist complaint against me unlike the complaints that have been lodged against your employer. All Australians are protected by Australian law, this is just another attempt by The Australian to give us national prominence.”

One wonders if this will hinder or boost Mr Palmer’s political ambitions.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.