Clive Palmer’s $40 million superyacht arrives on Brisbane River

September 3, 2026 — 8:22pmBillionaire Clive Palmer’s 56-metre superyacht has pulled into the Brisbane River on Thursday ahead of the Riverfire weekend.The $40 million Italian-built “Australia” – which flies under the Maltese flag – features a jacuzzi, two sundecks and multiple bars.Clive Palmer’s superyacht Australia – which flies under the Maltese flag – on the Brisbane River on Thursday. It attracted controversy last year after being allowed to park in one of the best spots on the river, because it was too big to fit in the area set aside for recreational boats.The vessel came from Southport and worked its way down the Brisbane River after midday on Thursday, before mooring outside Howard Smith Wharves.More:City lifeSuperyachtsClive PalmerBrisbane RiverFrom our partners