Billionaire Clive Palmer says it’s ‘OK’ if he loses ‘another $100 million dollars’ at upcoming Federal poll 

Billionaire Clive Palmer has declared while it’s “OK” if he loses “another $100 million dollars” at the upcoming Federal election, his wife ultimately has the last say on his total cash splash.

The self-proclaimed “warrior of low-income Australians” claimed thousands were joining his new Trumpet of Patriots party each day and revealed he had a similar budget to his failed 2022 election bid in a wide-ranging address to the National Press Club.

His $100m pledge comes amid outrage over advertisements targeting trans people, welcome to country, and immigration which were placed in Australian newspapers and on television channels.

Mr Palmer reiterated his stance there are only two genders, “male and female”, and calling for transgender athletes to be removed from women’s sports.

He said his party would follow similar policies to US President Donald Trump and claimed the approach was resonating with Australians, with more than 20,000 members registering since it launched late last month.

“Thousands of people are joining (the party) every day because they’ve had enough of the boring politicians that don’t answer questions.”

“The party believes in many of the policies similar to the Trump administration, which we trust will be effective in bringing the United States back on track,” Mr Palmer said.

However, he remained coy when asked on his relationship with Mr Trump, refusing to answer questions around his interactions and influence with the US leader amid Australian concerns over American-imposed tariffs.

Asked whether he had spoken to Mr Trump or planned to, Mr Palmer responded: “You’ll have to wait and see. Can’t give you all the news on one day.”

“I don’t sort-of talk about private discussions.”

Mr Palmer also used his address to declare himself as a warrior for low-income Australian’s struggling to feed their families amid a cost-of-living crisis.

He claimed a two-pronged approach is needed to solve Australia’s housing crisis, calling for a 3 per cent cap on interest rates and for Aussies to be allowed to access 30 per cent of their superannuation for a deposit.

Mr Palmer says this will mean more houses available to rent.

“That means Australians can live again, that means that our rentals will be available for people at a much lower price,” he said.

“Nearly a third of our Australians are renting at the moment, and this country, to its disgrace, has 120,000 homeless people that have nowhere to live.”

He also claimed he wanted to open up cheaper land in the west of all Australian cities for young families struggling to get into the housing market — appearing to forget about Perth, where expensive suburbs are on the city’s west side.

Mr Palmer’s address incorrectly claimed that the World Health Organisation only acknowledged two genders, and appeared to state his age as 71 instead of 70.

Throughout Mr Palmer munched on Tim Tams provided by the National Press Club, jokingly teasing that his wife couldn’t stop him from indulging in the treats.

Questioned on whether he had taxpayers’ best interests at heart in his ongoing legal battles against the Government, Mr Palmer vowed to build hospitals and feed the hungry if he won. The string of cases has now escalated north of $420 billion after recent claims over coal mining licenses in Queensland.

“And when we get those funds, I’m sure I can spend those funds better than the Government can for the people of Australia.

“And if we do get quite a big award, you’ll see new hospitals in many States, and we’ll be feeding the hungry Australians in this nation.”

In February, Mr Palmer presented Foodbank with a $5m donation and urged fellow rich-listers to do the same.

Mr Palmer has vowed to run candidates in all House of Representative seats. He claimed candidates would be announced in coming weeks.

“For too long, Australians have suffered under the duopoly of power — Labor and Liberal parties against the interests of all Australians.

“It’s either Tweedledum and Tweedledee, it’s dumber or dumber or it’s B1 or B2 and we want to change that. We believe it’s time to throw out the professional politicians and the Labor and Liberal parties, and to provide Australia with an alternative,” he said.

Mr Palmer was a major donor to the Liberal National Party until he founded the United Australia Party in 2013.