Mining billionaire warns government against pursuing laws that would prevent him from continuing to spend millions in support of his electoral ambitions

"Billionaire businessman, Clive Palmer, has warned Labor against legislating electoral spending and donation caps, accusing it of attempting to “silence the diversity of ideas in this country”.

The Albanese government is preparing legislation to cap political donations and electoral spending, citing the influence of Palmer’s hundreds of millions of electoral spending, backed by donations from his company Mineralogy to the United Australia Party.

Although the reforms are backed by an inquiry into the 2022 election by the joint standing committee on electoral matters (Jscem), Palmer’s intervention into the debate spells trouble for the government, which could face a high court challenge on the basis caps infringe the implied freedom of political communication."