Clive Palmer could spend upwards of $28 million on the next federal election campaign.
Vote-winning sweeteners for small business and families in the Abbott government's second budget released on Tuesday have political observers speculating about an early election.
The Palmer United Party leader's companies bankrolled the party over the 2013/14 financial year, which included the last election, to the tune of $28.6 million.
Mr Palmer plans to spend "more" in the next election and ensure there are PUP candidates for all 150 lower house seats and every state in the Senate.
About 200 people had expressed interest in being candidates.
"It is an election budget," he said.
"The government will just see what sort of response they get and decide whether they go for a double-dissolution or not."
Mr Palmer said he and PUP senator Dio Wang had yet to make a detailed analysis of the budget and how the party would vote on various aspects, including changes to paid parental leave.
However his preferred position was a parental leave scheme providing $50,000 over six months.
Linking the childcare package with cuts to family tax benefits was a "confidence trick" that his party would not support.
Mr Palmer delivered a post-budget speech to a lunch in Canberra in which he reiterated his plan for a 15 per cent cut in income tax and a 20 per cent rise in the aged pension to stimulate the economy and create jobs.
Australians had lost hope, especially those in poorer parts of the country, he said. "We all are on struggle street together."
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