Renegade former Liberal MP Craig Kelly could have broken intellectual property laws when he printed novelty $1 trillion bills, according to legal and banknote experts.
Mr Kelly held a press conference on Tuesday in front of a pallet of fake $1 trillion banknotes in an attempt to draw attention to state and federal government debt, which he said was approaching $1 trillion.
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Michael Read is the Financial Review's economics correspondent, reporting from the federal press gallery at Parliament House. He was previously an economist at the Reserve Bank of Australia and at UBS. Connect with Michael on Twitter. Email Michael at michael.read@afr.com