Iron ore prices have hit a seven-year high and the Aussie dollar has surged, sending miners share price to multi-year records.

Also today:

• Macquarie Group spends $2.3 billion on a US funds management business
• Qantas says things are picking up across the country
• And new car sales jump with utes and SUVs leading the way

Plus an interview with Beverley McGarvey, Chief Content Officer & Executive Vice President of ViacomCBS Australia and New Zealand, about the business of television.