Latest Business News

Hamish Douglass of Magellan waited a long time for his restricted stock to convert into ordinary shares, but it was ...

$220m share bonanza for Magellan co-founder

It has been a very good day for one of Australia's wealthiest fund managers, Hamish Douglass, who lifted his net worth by more than $227 million as the sun rose on Tuesday.

Investors have boosted bets for tighter monetary policy since Donald Trump's election win.

Wall St leaps higher

The four major US benchmark indexes reached simultaneous records for the first time since 1999.

The longest US expansion on record stretched from 1991 until 2001, a span of 120 months. That streak will be broken if ...

DB sees S&P; 500 at 2500

It's looking more likely that Donald Trump will preside over a continuing US expansion, according to Deutsche Bank.

The Aussie dollar has fallen below US74c.

Where next for 'tarnished' $A?

The Australian dollar continues to tumble as traders abandon it for the greenback but commodity prices are limiting downside.

Small Business