Business

Latika Bourke

Latika Bourke is a reporter for The Sydney Morning Herald and The Age based in London. She has previously worked for Fairfax Media, the ABC and 2UE in Canberra. Latika won the Walkley Award for Young Australian Journalist of the Year in 2010.

The bank, known as the "millionaires' factory", is facing legal action on several fronts.

Australia's Macquarie Group acquires UK's Green Investment Bank

Australia's Macquarie has been forced to make a string of concessions with its ยฃ2.3 billion ($3.9) takeover of the UK's Green Investment Bank after a fierce backlash and claims that it is "worst kind of company" to be carrying out the organisation's environmental mission.

Christine Lagarde, managing director of the International Monetary Fund (IMF), at the Institute of International Finance ...

Australian economy to boom as unemployment drops, IMF

Global economic growth is expected to pick up this year and in 2018, despite the political uncertainties created by Brexit and the election of maverick US President Donald Trump. And the International Monetary Fund has issued a better growth forecast for the Australian economy, compared to the Treasury's most recent predictions issued in December.

The resurgent iron ore price helped Gina Rinehart double her fortune in 2016, according to Forbes.

Rinehart soars up Forbes Rich List but Trump tumbles

Gina Rinehart has consolidated her position as Australia's wealthiest person with the prominent magazine Forbes saying the mining magnate's net wealth jumped to $US15 billion ($19.4 billion) over the past 12 months.