Billionaire Queensland mining magnate Clive Palmer ratcheted up his political donations to the conservative side of politics to over $1 million in 2009-10, despite the Liberal Party declaring his cash persona non grata mid-way through the audit period, according to data released by the Australian Electoral Commission this morning.

The political activist increased his largesse to the Tories to $1.028 million last financial year from $840,000 in 2008-09, with the money spread over eight branches of the Liberal and National parties. The massive cash transfer included a payment of $500,000 to the federal Liberals and is sure to draw a stern rebuke from Labor and increase pressure for a new wave of political donations reform.