The Queensland-based billionaire mining magnate bought the suburban house where he once lived as a child. We didn’t take him for a Victorian either.
CBD’s ears pricked up when we heard a blind item on 3AW’s Rumour File about a businessman buying his childhood home with plans to redo the joint, with a new home theatre among the modern modifications.
That price tag, a fourfold appreciation since the block last traded in 2006, is mere change for Clive, and far cheaper than his grandiose plans to bring the Titanic back to the high seas, which he’s been at for more than a decade now. Any day! In a revelation that could not be less on brand, Palmer was born in Footscray and grew up in Williamstown in the 1950s until he was aged about nine, when his parents, prompted by concerns about his asthma aggravated by nearby industrial pollution, moved north.Clive is, to us, as pure Gold Coast as can be.
But we didn’t expect the aftershocks to be quite so seismic. On Wednesday, users of the BoM app around Australia received a tsunami warning, some in areas as far inland as the Canberra suburb of Kingston on the shores of Lake Burley Griffin. Those political fault lines are going well, it seems.
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