Clive Palmer disbands the Palmer United Party
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Clive Palmer disbands the Palmer United Party

Clive Palmer is formally waving goodbye to politics and disbanding his political party.

The former Queensland MP says today's political environment is different from 2013 when the Palmer United Party was formed to oppose the federal carbon and mining taxes.

Mr Palmer also confirmed he had personally retired from politics and thanked party members and voters for supporting PUP for the past four years.

AAP

Clive Palmer arrives for a court date in February.

Clive Palmer arrives for a court date in February. Credit:Dave Hunt