Gareth Hutchens

Gareth Hutchens

Stocks surge on hopes of boost in US

Gareth Hutchens and Glenda Kwek Australian stocks hit their highest point this year and looked to be surging towards the critical 4600-point level after investors piled into mining and engineering stocks, ahead of a predicted...

Ex-BG executive convicted of insider trading

ASX.

Gareth Hutchens A former high-flying senior executive with British Gas will spend his first night in prison after being convicted of two counts of insider trading in the NSW Supreme Court today.

Clients hear of fund manager's 'criminal' behaviour

Victims of Trio Capital collapse

Gareth Hutchens A former investment manager says his clients would have sacked him if they knew what he was doing with their savings, a Sydney court has heard.

New ASX supervision regime less efficient: CEO

Elmer Funke Kupper

Gareth Hutchens Elmer Funke Kupper believes the sharemarket has been supervised in an inefficient way.

ASX

Shares float higher amid deluge of data

Markets

Gareth Hutchens The market climbed higher this week after being hit by a wall of data.

Top dollar squeezing economy

Australian dollar surges.

Glenda Kwek and Gareth Hutchens The Australian dollar has surged to a two-month high, putting the squeeze on the economy and defying efforts by the Reserve Bank to curb the soaring currency.

RBA's dollar headache likely to linger

Is it time to deflate the dollar?

Glenda Kwek and Gareth Hutchens Most analysts believe the Aussie will continue to defy gravity in 2013 by staying above parity, frustrating the Reserve Bank.

Standards 'slipping' for audit firms

asic

Gareth Hutchens Review found a 'significant deterioration' in the quality of audits over the past two years.

Run fear sparked freeze on funds

Gareth Hutchens Lucy Battersby Takeover FEARS of a run on Southern Finance prompted its trustees to get a court order freezing investors' money until the group was sold to Bendigo and Adelaide Bank, it has emerged.

ASIC puts auditing industry 'on notice'

ASIC

Gareth Hutchens Auditing firms could be forced to rotate between companies to stop them becoming too close to the companies they audit, the corporate regulator has warned.

Watchdog warns auditors their report card shows standards slipping

Greg Medcraft.

Gareth Hutchens and Lucy Battersby The corporate regulator has taken aim at the auditing community, warning it is 'on notice'.

Trading review aims to hold speedsters accountable

Bill Shorten

Gareth Hutchens High-frequency traders could soon be held directly responsible for out of control algorithms.

ASX

Shares lift as US fiscal cliff fears subside

Markets

Gareth Hutchens The sharemarket rose more than 2 per cent this week, to close back above the 4500-point level.

Economists tip Christmas cheer on rates

This time last year, the RBA brought some Christmas cheer.

Gareth Hutchens This time last year, the Reserve Bank delivered some Christmas cheer to home owners.

Dark pools face greater surveillance

Gareth Hutchens High-frequency traders and operators of dark pools could soon come under heavy scrutiny.

ASX to share revenue with customers

The ASX will share half of its revenue.

Gareth Hutchens The Australian Securities Exchange will share half the extra revenue it makes next year.

ASX rival Chi-X given mixed report

Chi-X

Gareth Hutchens The corporate regulator has today released its first market assessment of Chi-X Australia, the only rival to the country's main stock exchange, finding a raft of "agreed actions" for improvement or...

Dangers rising on self-managed super, says Treasury head

Remmeber that the control a self-managed fund offers comes with greater responsibility.

Gareth Hutchens and Ben Butler The head of the federal Treasury has warned that self-managed super funds have become so popular that they could soon begin to test the integrity of the country's superannuation system.

'Odd messages' on infrastructure

Gareth Hutchens The head of the federal Treasury, Martin Parkinson, has issued a thinly veiled criticism of the NSW government for delaying the construction of a second Sydney airport while simultaneously approving...

Keating accuses super managers of risky investing

Paul Keating.

Ben Butler and Gareth Hutchens The architect of the superannuation system, the former prime minister Paul Keating, has attacked super fund managers for investing too heavily in the stock market.