Walter Russell Hall (22 February 1831 – 13 October 1911) was an Australian businessman and philanthropist.

Hall was employed for a short time by David Jones Limited and then prospected for gold in Victoria with meagre success.

[1] From 1857 he was a major investor and administrator of the Australian stagecoach line Cobb and Co.[2] He was also an original shareholder and director of Mount Morgan Gold Mining Company Limited, incorporated in 1886.

Other directorships included the Mercantile Mutual Insurance Co. Ltd, and the Sydney Meat Preserving Co. Ltd.[1] Hall married Melbourne-born Eliza Rowdon Kirk in 1874.

[5][6] The locality of Walterhall beside the Mount Morgan mine in Central Queensland was named after him.