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Palmer offers to declare $2b of assets

Clive Palmer offers to declare $2b of assets.jpg

Clive Palmer is seen arriving at the Supreme Court in Brisbane, Monday, June 11, 2018. (AAP Image/Darren England)

Clive Palmer has offered to declare the value and location of $2 billion of his assets as part of an ongoing legal dispute with Queensland Nickel liquidators

The mining magnate appeared in the Brisbane Supreme Court on Monday arguing it would be too time-consuming and expensive to document everything in his portfolio.

The legal argument followed Justice John Bond's decision to freeze more than $500 million of Mr Palmer's personal and business assets in May.

Two of the orders in the judgment, which were stayed until Monday's proceedings, required the former politician and his corporations to declare all of their assets "to the best of their ability" within seven days.

Mr Palmer offered $2 billion within 30 days as an alternative, as well as a complete list of his liabilities and debts.

But he also requested the stay remain in place until his appeal was heard.

Barrister Matthew Hickey, representing the liquidators, argued the orders should be enforced because an appeal could take months.

Justice Bond will hand down his decision at 2.30pm.

© AAP 2018