Clive Palmer spent $60 million to help get Scott Morrison re-elected but his cash splash is unlikely to get any of his own candidates in parliament.
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The Queensland mining magnate looks likely to miss out on a seat in the Senate, polling just 3.3 per cent of the primary vote nationally.
"The goal for the United Australia Party was to ensure the Labor government did not get into power, introducing more (than) $1 trillion of new taxes," Mr Palmer said in a statement on Saturday night.
One Nation's vote picked up and Malcolm Roberts looks set to be elected to the Senate, but Pauline Hanson's party got just three per cent of the primary vote.
The Greens held onto their senators and Adam Bandt's lower house seat of Melbourne, winning 10.3 per cent of the primary vote across the country.
Fraser Anning failed to be re-elected to the Senate, but his party did manage to get at least 53,875 first preference votes in the lower house nationally.
Australian Associated Press