VIDEO: Weekly news highlights

A new oilfield has been discovered off the North West shelf of WA, 180km from Port Hedland.

Playing hard to get has paid off for Robust Resources, as an increased takeover bid thrust their share price up 52 per cent.

Clive Palmer never fails to raise eyebrows, but on the ABCs QandA program on Monday night, after making a number of salient and compassionate observations about welfare in Australia, the audience was astonished when he launched into an anti-chinese tirade.

In the biggest news of the week, the upcoming BHP Billiton demerger will see their non-core assets split into a separate company known as ‘Newco’.

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