Mining billionaire turned politician Clive Palmer is taking his antagonistic relationship with Rupert Murdoch's The Australian newspaper to a new level by registering a rival publication.

He is also seeking to set up a site where News Corp Australia staff members could anonymously report on what is going on at the company.

Clive Palmer wants to take on Rupert Murdoch on his own turf. Credit:Harrison Saragossi

An application to register News On News is pending.

Palmer tweeted this afternoon: "Seems @rupertmurdoch could have a new Australian newspaper competitor as I've registered the trademark Australasian Times #yesrupert #media".