Mining billionaire Clive Palmer has voluntarily deregistered his United Australia Party (UAP) with the Australian Electoral Commission (AEC). He says it’s to save money, but critics have noted that the AEC does not charge for ongoing registration… One key stakeholder Palmer didn’t tell was UAP Senator Ralph Babet, who seemed unaware of the move. Babet says it’s not the end for the UAP, but experts are divided on whether Palmer’s “$100 million man” (the nickname used for Babet as the party’s sole elected member after Palmer’s costly election campaign) can continue to represent a deregistered party. If Palmer decides to go again at the next election, he will have to pick a new party name. He’s done that once before after deregistering the Palmer United Party after the 2017 election.