Clive’s excellent investment in democracy

Tuesday, 8 April 2014

Given how much his business interests are set to benefit from the removal of the carbon and mining taxes, Clive Palmer’s investment in winning another Senate seat for the Palmer United Party on the weekend looks like a bobby-dazzler:

Given his nickel refinery alone generated a carbon tax bill of $6.2 million in 2012/13…

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.