Poor ol’ Clive – his billions can’t protect him from himself.
Courier Mail 31st January 2012
“Mr Palmer's China First company is launching an $8 billion lawsuit against rail operator QR National for competing with his plans to build a 500km rail link to carry coal.
9 News 3rd February:
“Mining magnate Clive Palmer says he will consider a tilt at media ownership like his billionaire counterpart Gina Rinehart who has become Fairfax Media's biggest single shareholder.”
International Business Times 23rd February:
“Mining mogul Clive Palmer sought this week to oust world-renowned hotel management firm Hyatt Hotels Corp from the Queensland golf resort that he had acquired last year.”
Bigpond Money 15th March:
“As it currently stands, Palmer has been stripped of his licence by Football Federation Australia (FFA), a legal stoush is in the making and heated words have been exchanged between him and fellow billionaire Frank Lowy.”
Yahoo! 7 Finance 15th March:
“Queensland mining magnate Clive Palmer has indicated there will be a High Court challenge against the carbon tax because he has advice the legislation is unconstitutional.
The Age 17th March:
“IT'S late Thursday night and millions of dollars in cash and a billion tonnes of iron ore are being traded in mining magnate Clive Palmer's name. It is enough to make a finance reporter weep.
The Sydney Morning Herald 20th March:
“Mining magnate Clive Palmer won’t seek a High Court injunction to stop the federal government’s mining profits tax.
News.com.au 20th March:
“BILLIONAIRE Clive Palmer has made bizarre claims the CIA is backing green groups in a bid to kill the Australian coal mining industry.
Courier Mail 21st March:
“BILLIONAIRE mining magnate Clive Palmer's failing luxury Sunshine Coast international resort was likely to run out of money to keep it operating by the end of next week, a court has been told.
The Australian 21st March:
“ACTIVIST group GetUp! will fund a legal suit against Clive Palmer after the billionaire linked environmentalist Drew Hutton to an alleged CIA plot to damage the Queensland coal industry.