Clive Palmer

Senior Labor figures have seized at news former attorney-general Christian Porter is helping Clive Palmer sue Australia for $300 billion.

“The Liberal Party were anti-WA when they were in government, they are anti-WA now they are the opposition,” he said. From every Australian. “He wants to rip $300 billion from Australian schools, hospitals aged care, and housing. Prime Minister Anthony Albanese responded to the news by blasting Mr Porter for being “a part of Clive Palmer’s operation”. “Clive Palmer is the greediest man in Australian history,” he said. Mark McGowan followed up with an attack on both Mr Palmer and the Liberals in parliament today, where he labelled the mining magnate’s move the “most deplorable act of greed in Australian history”.

Clive Palmer has enlisted Christian Porter as his lead lawyer in a landmark law case as he sues Australia for nearly $300 billion in damages over his iron ...

Clive Palmer's pursuit of almost $300 billion in damages over a stalled iron ore project will be fought ...

“A better health system and new independent voice for WA citizens are desperately needed,” Palmer said in a statement. The law prevented Palmer from suing the WA government for $30 billion in damages. WA’s Labor government passed emergency legislation in 2020 terminating arbitration with Palmer and his firms over the project and preventing the state from having any liability towards the billionaire in related disputes.

Clive Palmer is suing Australia for nearly $300 billion dollars, the new no-nudity policy attracting backlash and the latest on the Gwyneth Paltrow trial. Our ...

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Mining billionaire Clive Palmer seeks $300 billion in damages from the Australian government over an iron ore project in Western Australia's Pilbara region.

Mr Palmer said "serious questions" needed to be asked about the "lack of media diversity and the consumer's choice for accurate news". "[But] The amounts that they're claiming are completely unrealistic, the biggest award of compensation in one of these arbitrations ever is $50 billion and that related to the nationalisation of the Yukos Oil company in Russia." "For Palmer's team, they're going to be seeking to emphasise the unusual nature of the West Australian legislation that singles out Palmer and Mineralogy with retroactive effect." He said he would spend the money on "neglected WA hospitals under the McGowan government" . Mr Palmer has issued a statement, saying "if any windfall was to come to Mineralogy, the funds would be used for public good." "Clive Palmer is the greediest man in Australian history," he said. "Mr Palmer has now cemented himself in Australian history as the most appalling and selfish person our country has ever seen." Mr McGowan described Mr Palmer in WA Parliament as "treacherous", and the "greediest man in Australian history". "He wants to rip $300 billion from Australian schools, hospitals, aged care and housing from Medicare and the NDIS, from every Australian," the premier added. Mr McGowan broke down the $300 billion claim to about $11,500 for every person in Australia, labelling it "pure greed". "The Commonwealth will work with Western Australia to ensure Australia's interests are protected," he said in a statement. "Today we have seen the most deplorable act of greed in Australian history," Mr McGowan said,

Investment Arbitration Reporter is a news & analysis service tracking international arbitrations between foreign investors and sovereign governments.

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WA Premier Mark McGowan responded to Clive Palmer's $300 billion lawsuit to Australia in Parliament debating chambers today.

“Mr Palmer has now cemented himself in Australian history as the most appalling and selfish person our country has ever seen. “It is greed. “Mr Palmer’s “Singaporean company” has filed a notice of arbitration seeking damages under international trade law. But now, desperately and disgracefully, he has registered his company overseas. “He decided he wanted to make his money through suing the Western Australian government. “One of the richest people in Australia, Clive Palmer, now wants more money, and he is suing his country to get it.

Mining billionaire Clive Palmer has launched a $300 billion lawsuit against the Australian government over the Balmoral South Iron Ore Project in Western ...

Despite Mr Palmer’s legal challenges against the Western Australian legislation, they were unsuccessful. The legal action is likely to be closely watched, given the significant amount of taxpayer money at stake. He would spend the money on “neglected WA hospitals under the McGowan government” and on a new independent daily newspaper in WA. Mr McGowan didn’t bite his tongue when he echoed Mr Gorman’s sentiments, labelling the lawsuit “pure greed” and promising to support the Commonwealth in fighting the claim. In response to the lawsuit, Federal Attorney-General Mark Dreyfus stated that the latest legal action would be “vigorously” defended. For several years, the Balmoral South Iron Ore Project in the Pilbara had been the focus of arbitration, and the decisions made were not in favour of the Western Australian government before the introduction of the legislation.

Appearing alongside billionaire Clive Palmer to sue the Commonwealth is the former Commonwealth attorney-general Christian Porter.