Business

Latest Business News

The Aussie was last up 0.7 per cent to US77.32¢; it peaked overnight at US77.40¢, the highest it has traded since it ...

$A seen extending rally

The Australian dollar has risen to its highest against the greenback since March and could press still higher today.

The Aussie dollar is eyeing a 2017 high against the greenback.

Markets Live: Bulls in control

Shares extend yesterday's strong gains, led higher by the big banks, while the Australian dollar is nudging a four-month high.

"They're dumping steel and destroying our steel industry, they've been doing it for decades, and I'm stopping it. It'll ...

Trump threatens Chinese steel

President Donald Trump said he is considering quotas and tariffs to deal with the "big problem" of steel dumping from China.

Westpac's Imre Speizer said, locally, the Australian dollar's recent gains had been helped by a lift in commodity prices.

'Impressive run': $A at four-month high

The Australian dollar is still rising strongly and has reached a four-month high against its US counterpart, which remains unchanged ahead of key US jobs figures.

In the first six months, imports rose to 539 million tonnes, 9.3 per cent higher than the same period in 2016.

One billion tonnes to China

Iron ore imports by China this year are on course to exceed 1 billion tonnes by a comfortable margin, breaking 2016's record.

Illustration: John Shakespeare

Harvey wins as Tinkler's horse empire sold

The last patch of Nathan Tinkler's thoroughbred racing empire has now been sold, but it is not clear whether there will be any beneficiaries other than retail billionaire Gerry Harvey.

Street Ta;lk

Fed's Yellen lights up ASX and $A

Shares and the Aussie dollar shot higher as local investors joined a global rally after dovish Fed comments lifted the Dow to a record.

Small Business