But the former federal MP will let his wife decide if he should seek to re-enter parliament.

Mr Palmer is confident there is enduring support for the Palmer United Party, despite two high-level probes into his business conduct.

He says he should never have deregistered the party after he opted not to recontest his Queensland seat of Fairfax in 2016, and PUP is bigger than him.

"I made a mistake. I thought that the Palmer party needed to have Palmer in parliament," he told AAP on Friday.

"In actual fact, we had a very large number of people that wanted to continue to be engaged."

Mr Palmer doesn't believe voters will be turned off by the gradual implosion of his party after the 2013 election, when defections saw its three senators reduced to one, Dio Wang, who went on to lose his seat in 2016.

Neither is he worried about the party's rebirth being damaged by an ongoing legal case about the collapse of his Queensland Nickel business, and a probe by the corporate regulator.

But Acting Queensland Premier Jackie Trad said voters would remember Mr Palmer's past actions."

"If Clive Palmer wants to run in any election, I think that Queenslanders will walk into the ballot box, see Clive Palmer's name on the ballot paper and remember what he did to hundreds of works in Townsville," Ms Trad told reporters in Brisbane on Friday.

"Quite frankly there's still a lot of people in Townsville doing it tough because of the poor management of Queensland Nickel."

The businessman has faced grillings in the Federal Court about the way the company was run before it went belly up with debts of about $300 million, and the loss of hundreds of jobs at his Townsville refinery.

Mr Palmer's nephew, Clive Mensink, was the sole registered director of the company before it failed, and remains overseas despite arrest warrants being issued against him for failing to return and answer questions in court.

The Australian Securities and Investments Commission is also investigating Mr Palmer's group of companies and the regulator's boss John Price last week said the probe was well advanced.

Mr Price said it was looking at a wide range of potential actions, "administrative, civil and possibly criminal", and was focused on the directors and officers of the group of companies beneficially owned by Mr Palmer, including Queensland Nickel.

Mr Palmer has denied any wrongdoing and claims "the full weight of the federal government has been improperly mobilised" against him, and his workers.

In an earlier statement, Mr Palmer said PUP's executive committee had made the decision to revive the party, not just him.

"Turnbull and Shorten don't care about our future generation and seek to deprive rather than provide opportunities for young Australians," he said.

"It's time to join the resistance."