Clive Palmer says Labor’s plan to cap political donations would silence ‘diversity of ideas’

Clive Palmer says Labor’s proposal to cap electoral spending would limit the diversity of ideas. Photograph: Darren England/AAP

Billionaire businessman Clive Palmer has warned Labor against legislating electoral spending and donation caps, accusing it of attempting to “silence the diversity of ideas in this country”.

The Albanese government is preparing legislation to cap political donations and electoral spending, citing the influence of Palmer’s hundreds of millions of electoral spending, backed by donations from his company Mineralogy to the United Australia party.