Clive Palmer considers creating new party

Mining magnate Clive Palmer reportedly plans to set up his own political outfit to rival the LNP. Source: AAP

CLIVE Palmer says he is too fat to become premier, but he will spend the weekend considering whether to give birth to a new political party for Queensland.

"I think you'll see things happening in the coming weeks," he told reporters at a press conference on the steps of Parliament House.

"It's more than (a) 50 per cent (chance it will happen)."

He would call his new body the United Australia Party, reviving the name of the party his father belonged to.

As it happens, his nephew owns the trademark to the name.

Mr Palmer said he didn't have a hand in the resignations of Alex Douglas and Carl Judge from the LNP on Thursday afternoon, despite lunching with them just an hour earlier.

He has also made no approaches to unite with Katter's Australian Party.

Mr Palmer is confident, however, he would have the numbers to set up a United Australia Party, which he would not limit to Queensland.

It would could target the next election as he believes the community is ready for a new party.

He said voters are "disgusted" at the Newman government's behaviour.

"What we're seeing in the electorate is a great amount of concern for the civil liberties of Queenslanders and their right to be able to express their point of view," he said.

Mr Palmer said he wouldn't get rid of his business interests if he set up a party, but either way he's not interested in becoming premier.

"I'm a reluctant warrior, I don't really want to get involved in politics," he said.

"I think I'm too fat to be premier, you want to have a nice tanned guy as premier to promote the tourist industry."

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