Clive Palmer, the billionaire famous for plans to rebuild the original Titanic ship to scale, is trying to bring Donald Trump’s politics to Australia.

As the 2025 election fever kicks up, billionaire Clive Palmer has re-entered the political race with a new party that is aiming to “drain the swamp” in Canberra and “Make Australia Great Again”. Trumpets of Patriots (yes, that’s the name) was unveiled to a room packed with journalists at Parliament House on Wednesday and will be chaired by Palmer.

Billionaire Clive Palmer has launched a new political party inspired by the politics of US President Donald Trump, vowing to “Make Australia Great Again”.

Clive Palmer, having misplaced his old party’s name, urgently needed a new one for his latest adventure in politics. And so, Trumpet of Patriots is born.

Sky News host Rita Panahi has mocked the name of the party Clive Palmer is bankrolling, the Trumpet of Patriots.

It’s the third day of declines as the market lost 0.7 per cent on Tuesday, when Reserve Bank governor Michele Bullock poured cold water on the central bank’s first interest rate cut for the first time in five years with comments that dashed hopes for a series of more cuts over the coming months.

Australian billionaire Clive Palmer Palmer's Trumpet of Patriots party will contest all seats, claims “Trumpet of Patriots will make Australia great again.”