Gareth Hutchens

Gareth Hutchens

Regulation

Trio fall: five more banned

Gareth Hutchens APRA accepts five more enforceable undertakings from former directors of failed Trio Capital.

Rates

ANZ backflips after RBA confirms 'joke'

Glenn Stevens.

Glenda Kwek and Gareth Hutchens Deputy RBA governor confirms his boss made a "light-hearted remark", prompting ANZ to revise its rates revision.

ASIC

Bank alerts save clients billions

Big Four Banks

Gareth Hutchens Customers have saved billions of dollars since Australia's banks began to disclose that high-interest-rate term deposits automatically roll over to much lower interest rates on maturity.

ACCC

Regulator warns on annual reports

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Gareth Hutchens The corporate regulator has warned Australia’s biggest companies about its areas of focus for financial year reports.

Legal

Hardie slugged with more asbestos claims

James Hardie Industries.

Gareth Hutchens Liabilities for a compensation fund set aside for victims of James Hardies' asbestos products have increased by $117 million to $1.7 billion.

Shares

Bears back in hibernation as shares rally and dollar settles

Gareth Hutchens After the carnage of last week, things were being mopped up this week.

Stocks

Sharemarket recovering as dollar settles

Markets

Gareth Hutchens After the carnage of last week, things were mopped up this week as the sharemarket recovered its losses.

Employment

More unemployed face competition for fewer job vacancies

Jobs and generic.

Gareth Hutchens Kevin Rudd is inheriting an economy in which it is getting harder to find a job.

Interest rates

Interest rate benchmark under scrutiny

A dealer studies screens.

Gareth Hutchens Australia's key interest rate benchmark will come under scrutiny as part of a global review..

Auditors

Promise to improve after ASIC warning

ASIC logo.

Gareth Hutchens Audit firms agree to lift their game after ASIC issues a 'final warning' to improve quality.

Stocks

Market moves into correction

Generic photo of the ASX  board in Melbourne on Wednesday, April 6, 2011.

Max Mason and Gareth Hutchens The local market is now nearly 10 per cent below its recent peak.

Market moves into correction

Max Mason Gareth Hutchens Australian shares are nearly 10 per cent below their recent peak, a drop that is widely considered a correction, after a string of poor data and a sharply weaker currency has forced investors to exit...

Capital raising

ASX taps investors for $553m

ASX logo.

Gareth Hutchens The ASX has tapped investors for $553 million in fresh funds to help it compete with foreign clearing houses.

Wealth

Should the rich pay more tax? The experts' view

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Gareth Hutchens Should wealthy Australians pay more tax, or at least pay their 'fair share' of tax? How much tax should each person pay?

Banking

Customers take leap into mobile

Woman on a mobile phone.

Gareth Hutchens The number of bank customers who use mobile phone and iPads is growing at breakneck pace, with billions of dollars in transactions now taking place every month.

Banking

Customers take leap into mobile banking

smart phone

Gareth Hutchens The number of bank customers who use mobile devices is growing at breakneck pace.

Living standards will fall if we don't tax rich more: Cousins

Geoffrey Cousins

Gareth Hutchens A former Howard government adviser has warned Australia will need to increase taxes on its wealthiest families if it does not want standards of living to drop.

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Justice

Insider trading penalty raised to jail time

Generic justice

Gareth Hutchens A former tax consultant from a 'big four' accounting firm has been sentenced to nearly two years' jail.

Markets

'Tipping point' triggers downhill racers

Markets

Gareth Hutchens Nearly 4 per cent of the value of the sharemarket was wiped away this week as investors absorbed talk of the US Federal Reserve's plan to tighten monetary policy.

Courts

Insider trader sentenced to two years jail

ASX

Gareth Hutchens A former tax consultant from a “big four” accounting firm has been sentenced to nearly two years’ jail for insider trading.