2/05/2012

Clive Palmer considers turning media mogul

Mining magnate Clive Palmer says he would contemplate adhering to in the footsteps of fellow billionaire Gina Rinehart and acquiring substantial stakes in Australian press businesses. Ms Rinehart, Australia's richest individual, bought a 13 per cent stake in Fairfax Media in a shock transfer before this week.
Mr Palmer instructed Lateline he is worried about concentrated press ownership in Australia and the specialist requirements of Australian journalists.
Fairfax looks very thrilling,  Mr Palmer explained.
You could have an east-west enjoy with Fairfax. Gina could come from the west and get fifteen per cent, and we could get 30 per cent from the eastern facet of Australia and truly get the place humming once again.
I am going to have to consider that overnight and see what my stockbroker tells me in the morning and my big and tall soccer jerseys monetary advisers.
We have surely got the money and we'd undoubtedly like to see press in Australia become a lot increased [high quality].
And she's a extremely, extremely wise lady, so if she's heading following Fairfax, there must be something in it. 
Challenged on no matter whether his feedback ended up tongue in cheek, Mr Palmer replied,  I will not know. You may have to wait around and see. 
Mr Palmer also attacked the News Restricted-owned Courier-Mail, which before in the week printed a letter he had sent Queensland's coordinator-general, stating the newspaper had lost credibility.
There should be an additional paper below [in Queensland],  he mentioned.
It was a broadsheet originally, the Courier-Mail. It truly is turn out to be a lot more like a Woman's' Day or a Women's Weekly or a local thing with a good deal Coach Outlet of commercials about chops and lettuce. 
He also repeated his criticism of Queensland's political donation legal guidelines, arguing that limits on individual donations had tilted the participating in discipline in favour of the Labor social gathering.
But it hasn't tilted far adequate because they will sweep out of strength ahead of the subsequent election, there's no doubt about that, he said.
I feel it's a awful point that is happened for democracy in this region and we all must have liberty of speech and we all must be taken care of similarly.
It is not political donations or funds that will get this election, it is the excellent ideas. 
Mr Palmer said the Opposition Leader Tony cheap soccer jerseys free shipping Abbott would be the very best prime minister for Australia, but mentioned cheap soccer scarves he was concerned about the Liberal Party's policy on offshore processing.
It fees us too considerably income to process them offshore,  he mentioned.
We must be processing these men and women officially onshore in Australia and the kinds that never qualify ought to be repatriated. report=2012-02-06data


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