
Palmer splashes out millions on political party
A PRIVATE company owned by Clive Palmer has made the single biggest donation recorded by the Electoral Commission of Queensland.
The ECQ's public database shows Mr Palmer's Mineralogy Pty Ltd donated $2 million to Clive Palmer's United Australia Party on Wednesday.
On the public register the gift was described as a "Transfer of 2 Million to CPUAP Qld State Bank account".
The next-highest donation recorded on the public database is more than $1.7 million less than this donation: $259,249 from hospitality union United Voice to the Australian Labor Party last year.
Mr Palmer spent more than $50 million as part of a highly visible anti-Labor campaign in last year's federal election.
Despite the colossal spend, the UAP failed to win a seat.
It is not clear how the $2 million donation will be spent, as candidates endorsed by a registered political party can each spend up to $58,000 on their campaign.
Originally published as Palmer splashes out millions on political party