'Titanic' tycoon clinches Australian power-sharing deal
SYDNEY (AFP) - Flamboyant mining tycoon Clive Palmer brokered a crucial alliance on Thursday giving him the balance of power in Australia's new parliament, warning of a "very cold winter" if the government tries to cross him.
Mr Palmer, famous for building a full-scale replica of the Titanic and a robotic dinosaur park in northern Australia, said he had joined forces with the Australian Motoring Enthusiast Party (AMEP) to form a bloc that will be key to passing legislation through the upper house.
"We're one team of people working together because we've got common policies," Mr Palmer told reporters in Sydney.
The colourful resources billionaire's self-titled Palmer United Party (PUP) won three Senate seats at the September 7 elections and he is still in the running himself for a lower house seat, with a recount under way after the initial tally was too close to call.