Palmerston is one of the founders of Adelaide's new weekly newspaper, the Independent Weekly. Starting on this project in 2001, it took until 2004 to get the idea fully researched and a team together to establish, manage and publish a newspaper. In this Palmerston undertook most of the business development activities, helping prepare the company to raise both seed and major round funding, totally around $4 million. Palmerston's role today is as an interested shareholder only.
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