Gareth Hutchens

Gareth Hutchens

Foreign investors 'not to blame' for high house prices, says Reserve Bank

Gareth Hutchens The Reserve Bank says foreign investors have helped to boost the housing supply, rather than make houses too expensive for locals, at a time when the economy needs it.


Business investment intentions a cause for hope: economists

Gareth Hutchens There are signs that non-mining parts of the economy are finally picking up, and economists are quietly surprised.

$12 million to be spent investigating sale of ASIC registry business


Gareth Hutchens The Australian Securities and Investments Commission's $6 billion-plus registry business looks set to be privatised as part of the Abbott government's plans to ''reduce the footprint'' of the federal...

Gerry Harvey criticises proposed deficit levy

Gerry Harvey

Gareth Hutchens Gerry Harvey says the proposed deficit levy will do nothing to fix the big economic problem facing Australia.


New deficit levy would hit consumer sentiment but effects on spending unknown, say economists

Treasurer Joe Hockey.

Gareth Hutchens The Abbott government's proposed "deficit levy" expected to be introduced in the May budget will hit consumer sentiment at a sore time for Australian retailers.

Gareth Hutchens

Conjuring cash from thin air is not magic


Gareth Hutchens Where does money come from? Most of us have probably got no idea.


Economists blackened by coalmine

Gareth Hutchens It is worth trying to find the time to look at the economic models our politicians and big business groups like to rely on to support their arguments.


Tony Abbott moves to dump 100-member rule allowing shareholders to demand meetings

Gareth Hutchens The federal government wants to make it harder for shareholders to force company directors to call a general meeting.


RBA calls for bank levy to protect depositors


Gareth Hutchens The Reserve Bank wants Australia's biggest banks and building societies to pay a levy to help pay for a fund that will protect their own depositors in the event of a banking collapse.


Joe Hockey promises federal fund to fill 'infrastructure hole' through state asset sales


Gareth Hutchens Federal Treasurer Joe Hockey says he has struck a ''historic agreement'' with state treasurers that will create tens of billions of dollars of new infrastructure across the country.


Coalition puts financial advice rule changes on hold

Mathias Cormann

Peter Martin and Gareth Hutchens Finance Minister Mathias Cormann has called a halt to the controversial watering-down of Labor's financial advice laws.

Young workers in retail industry win an adult's wage


Gareth Hutchens Historic decision means thousands of young adults will see their wage rise by about $2 an hour.


Wide rich-poor gulf can hurt economic growth, warns IMF

A homeless boy on the streets of Sydney

Gareth Hutchens As the Abbott government prepares to wind back the budget, the International Monetary Fund has published an important report explaining how governments should cut spending without hurting the less...

Ian Narev backs Tony Abbott's changes to laws governing financial advice

Ian Narev

Gareth Hutchens The head of Australia’s biggest bank says he supports the Abbott government’s controversial plans to roll back laws governing financial advice.

Government unmoved by Apple 'profit-shifting' revelations

Customers wait in line to purchase new iPhones at the Apple in store in Canberra.
Filed: Friday, 20 September 2013 9:17:08 AM 
Photo by Rohan Thomson, The Canberra Times


Gareth Hutchens The Abbott government remains unmoved by reports that the US tech giant Apple has shifted billions of dollars from Australia in untaxed profits over the last decade.


Contrast as Western Australia, South Australia farmers thrive, and east dives

While the west has a bumper season, farmers in  the east are struggling.

Gareth Hutchens It is a tale of two farming communities. As farmers in Australia's east suffer a devastating drought, their countrymen in the west are making record incomes.

G20 agrees on global growth boost


Gareth Hutchens, Glenda Kwek The G20 has agreed to develop "ambitious but realistic policies" to lift global growth by more than 2 per cent over the next five years, while pledging to better co-ordinate central bank decisions...

G20 talks to come on growth, jobs: Hockey

Gareth Hutchens Finance ministers and central bankers from across the world are trying to nut out a plan to raise global growth and drive job creation.

Hockey unwilling to offer growth target

Treasurer Joe Hockey

Glenda Kwek, Gareth Hutchens Federal Treasurer Joe Hockey has refused to name a target for Australian economic growth despite calling on other Group of 20 nations to agree to an ambitious growth agenda.

OECD warns of new era of low economic growth globally


Gareth Hutchens, Peter Martin Slowdown in productivity and risk of unemployment threatens to usher in new era of low economic growth,