Australian mining magnate Clive Palmer won't seek re-election


  • World
  • Wednesday, 04 May 2016

Australian politician Clive Palmer waits to make an announcement in the House of Representatives at Parliament House in Canberra, May 4, 2016. AAP/Lukas Coch/via REUTERS

MELBOURNE (Reuters) - Controversial Australian mining magnate and politician Clive Palmer said on Wednesday he will not stand for re-election in the lower house of parliament when the country goes to the polls in July.

Palmer, who was once a key power broker in parliament, entered politics in 2013 by winning the seat of Fairfax on Queensland's Sunshine Coast and his Palmer United Party captured a handful of seats, enabling the party to block or pass legislation.

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