Gareth Hutchens

Gareth Hutchens

Banking

Cheer up, Australia: Goldman Sachs chief

Gareth Hutchens Goldman Sachs boss Lloyd Blankfein spoke in Sydney this morning, offering his views on US politics, Ben Bernanke and the Australian economy.

Investors ditch McMillan Shakespeare amid halt

ASX.

Gareth Hutchens, Jared Lynch The county's biggest salary packaging company was placed in a trading halt last week.

Tax

McMillan Shakespeare falls victim to FBT change

Generic books.

Gareth Hutchens, Jared Lynch Investors deserted the county's biggest salary packaging company after the Australian Securities Exchange denied the company's request to remain in an indefinite trading halt.

Court

Whitehaven 'hoaxer' faces his accusers

Jonathan Moylan.

Gareth Hutchens The man who allegedly sent a hoax press release from ANZ on ethical grounds, made his first appearance in court on Tuesday.

Anti-mine activist bailed over Whitehaven hoax

Gareth Hutchens The man who allegedly sent a hoax press release from ANZ bank, which said the bank was planning to withdraw its financial support from a huge open-cut coalmine in NSW on ethical grounds, made his...

Courts

Whitehaven hoaxer fronts court over fake ANZ statement

Jonathan Moylan

Gareth Hutchens The man who allegedly sent a hoax press release from ANZ, in which he said that ANZ was planning to withdraw its financial support from a huge open cut coal mine in NSW on ethical grounds, made his...

Investment

AFIC profits up 10% but chief takes wary view

Gareth Hutchens Australia's oldest listed investment company has recorded a 10.4 per cent rise in full-year profit.

Australian shares down in Asia's wake

For the week, the benchmark S&P/ASX 200 slipped 1.8 points, at 4972.1 points.

Gareth Hutchens Negative settlement in Asia on Friday helped to erase most of the week's gains.

Finance

Goldman Sachs chief on a flying visit down under

Lloyd Blankfein, chief executive of Goldman Sachs, is coming to Sydney.

Gareth Hutchens One of the most controversial figures in modern finance will be in Australia next week.

Credit

S&P affirms Australia's AAA credit rating

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Gareth Hutchens Ratings agency Standard & Poor's has reaffirmed Australia's triple-A credit rating.

Economy

RBA needs to be more accountable

David Murray.

Gareth Hutchens Former CBA boss David Murray has questioned the concept of the RBA's 'independence'.

RBA's rate decisions need to be more accountable: Murray

treasury - Reserve Bank boss Glenn Stevens

Gareth Hutchens Former Commonwealth Bank boss David Murray has questioned the concept of the Reserve Bank's political ''independence'' and said it should be more accountable.

Regulation

Banks change ads as ASIC cracks whip

ASIC logo.

Gareth Hutchens Two of Australia's biggest banks have been forced to change their advertising.

Trading

'Tipping' leading to trading spikes

Gareth Hutchens Some brokers are ''tipping'' privileged clients before recommendations are made public.

Investing

Djerriwarrh cautions on confidence

Worst day for US stocks since 2011 (Thumbnail)

Gareth Hutchens One of the country's biggest listed investment companies, Djerriwarrh, has cautioned the market could remain volatile for months, with concerns about a pullback in US quantitative easing, and the...

Markets

Market defies China growth concerns

Markets

Gareth Hutchens The market jumped nearly 3 per cent this week despite bleak comments from China.

Metals

Gold swamped by flood of extra money

Generic Gold Mining.

Gareth Hutchens Gold has fallen 30 per cent in the past nine months as the world's central banks have flooded their economies with billions of extra dollars.

Investment

Profit fall but Mirrabooka confident

Gareth Hutchens Influential listed investment fund Mirrabooka is confident of long-run returns from the Australian market despite record lows in business confidence and an expected rise in unemployment next year.

Telecoms

Telstra outsourcing hits big banks

Telecoms.

Gareth Hutchens Some of Telstra’s biggest blue chip customers - including NAB, Qantas and Westpac – will see critical support operations performed out of India if the telco pushes ahead with plans to outsource jobs...

Telcos

Telstra axes jobs in offshoring drive

TELSTRA

Gareth Hutchens Telstra has flagged it will cut up to 170 jobs as it shifts part of its back office operations to India, amid sweeping changes to the company’s operations.