Palmer’s $110m senator plots post-election real estate return

Ralph Babet, a $110 million senator from Victoria, announced plans to exit politics after one term. Expressing disappointment in the public's disregard for freedom and limited government, he stated, 'I have failed.' Babet is now preparing to return to real estate with a new company called Buildvest, aiming for a political off-ramp by the 2028 federal election.

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Summary by Glance · Original reporting by Brisbane Times