LEAD-footed billionaire Clive Palmer has lost 108 demerit points and been fined more than $5000 since 1988 after racking up 35 fines for speeding and other driving offences.

His latest speeding charge was taken to Southport Magistrates Court yesterday where his three-page traffic history was described as "substantial".

Mr Palmer had initially indicated he would fight his latest $333 fine, which he got in January for driving his Mercedes-Benz more than 20km/h over the speed limit, but yesterday pleaded guilty, choosing not to turn up to court.

He was caught doing 81km/h in a 60km/h zone in his Mercedes-Benz on Oxley Drive at Biggera Waters on January 27.

Magistrate Michael O'Driscoll ordered the billionaire pay $411, the original amount, plus $78 in court costs, noting his "substantial number of speeding offences".

Speeding tickets account for 24 of the fines, with Mr Palmer caught exceeding the speed limit by up to 44km/h in some cases.

The other fines were for using a mobile phone while driving, failing to wear a seatbelt, disobeying a stop sign and following another vehicle too closely.

The record shows Mr Palmer has made a habit of contesting fines, taking 12 to court and having the State Government's debt collector SPER take enforcement action against him.

His latest speeding fine was the first since 2009. In May, the Bulletin revealed Mr Palmer planned to contest the fine despite the 28-day appeal period lapsing.

He was facing jail with the State Penalties Enforcement Registry chasing him, demanding he pay up.

Days later, the Newman Government stepped in and ordered police issue a summons against the generous LNP donor to allow him a second chance to appeal.

Mr Palmer could not be contacted last night and his representatives said he would not comment on the matter.
goldcoast.com.au