A combustible Australian billionaire is intensifying his war against the Aussie government, seeking nearly $200 billion in damages over a longstanding mining dispute.
Palmer has become a fixture of Australian headlines. Last year, he promised to spend a record-breaking amount of money to elect his favored political candidates, though in the end his party secured just a single seat.
Nonetheless, his influence has made some observers uneasy. “Think about in the United States one of the Koch brothers running for president or something and outspending the Democrats and the Republicans,” Peter Chen, a senior lecturer at the University of Sydney, previously told The Daily Beast. “It's that sort of crazy money.”. To the chagrin of public health authorities, he published advertisements casting doubt on the effectiveness of vaccines.
The billionaire also sparked upheaval for a protracted legal battle with the premier of Western Australia, whom Palmer alleged had defamed him. The premier countersued, and in August both sides were found to have defamed the other—though Palmer was ordered to pay greater damages. The hubbub over the iron ore project began more than a decade ago, after one of Palmer’s firms submitted its plans to the government for approval, which it insisted complied with an earlier agreement.
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