Clive Palmer has unveiled plans in Brisbane for the redevelopment of his Coolum resort.
Clive Palmer has unveiled plans in Brisbane for the redevelopment of his Coolum resort.

Palmer has no plans for $2.5b project while Newman there

CLIVE Palmer says he would not invest further in a state that lacked transparency and showed such little respect for the law.

He said yesterday he would not consider development on the Sunshine Coast that included a casino while Campbell Newman remained in office.

"That environment doesn't provide the security required to make investments and I can understand why others are not choosing to do so,'' he said.

Mr Palmer rejected outright claims by one of his most trusted lieutenants that his Fairfax success was a mandate for his business interests.

Mr Palmer said yesterdaythat statements made by Bill Schoch, manager of Palmer Coolum Resort, were totally wrong.

Mr Schoch said on Monday that Mr Palmer's electoral success gave him a mandate to go ahead with plans for a beachside resort and casino at Yaroomba.

"I certainly don't regard the election as a mandate for any business activity, Mr Palmer said.

"Business should be separate from politics.

"I'm often accused of this and it's not right.

"Politics should be in the best interests of people. Business is about what's best for the company.
"I need to make that clear."

Mr Palmer said Mr Schoch had no authority to comment on his behalf and neither did anyone else.

"I don't believe the Fairfax result gives me any mandate for any casino on the Sunshine Coast,'' Mr Palmer said.

"I have no plans and will not seek to establish a casino here while Campbell Newman remains in office.

"I would not invest further in a state that lacks transparency and shows such little respect for the rule of law.

"That environment doesn't provide the security required to make investments and I can understand why others are not choosing to do so."

Mr Palmer said the Queensland Government had said it would not support his proposed development and there was little he could do about it.

He said he had put a proposal for a development of much lower storeys, but the government has rushed ahead and supported Sekisui House for political rather than good planning reasons.

"What the government can give the government can take away,'' Mr Palmer said.

"I have already made public statements that I was not interested in any of the three casino licences."

Mr Schoch was Palmer United Party's candidate in the seat of Fisher at the federal election on September 7.


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