Business News

Mineral wealth, Clive Palmer, and the corruption of Australian politics

Written by Warwick Smith, Research economist, University of Melbourne

Clive Palmer is reportedly spending A$70 million of his own money on his party’s campaign.

How is it possible for one individual to command so much wealth and where did it come from? The sad and strange reality is that Australian governments gave him most of it by letting him dig up and sell natural resources that, by rights, belong to us...

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