Gareth Hutchens

Gareth Hutchens

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.

S&P warns states over debt burden

Places Victoria

Gareth Hutchens The credit ratings for Victoria and New South Wales are expected to come under pressure.

Online ad spending to overtake TV in 2013

A woman works on a computer.

Gareth Hutchens The amount of money spent on online advertising is expected to overtake that spent advertising on either newspapers or free-to-air television by next year.

Advisers pick open bonuses

Global asset manager BlackRock has criticised the way remuneration packages for Australia's highest-paid executives are structured

Gareth Hutchens Global asset manager BlackRock has criticised the way remuneration packages for Australia's highest-paid executives are structured, saying long-term incentive schemes have become too complex and...

ASX

Market shrugs off European inaction

Markets

Gareth Hutchens Despite European leaders failing to agree on a crucial Greek debt deal, Australia recovers its losses.

Tax plan could backfire, Rio Tinto warns

Rio Tinto says the government's crackdown on tax strategies could 'come back to bite' Australia.

Gareth Hutchens RIO TINTO has warned that the federal government's plan to crack down on the tax minimisation strategies used by global companies such as Google and Amazon could ''come back to bite'' Australia if...

Tax plan could backfire, Rio Tinto warns

Gareth Hutchens Rio Tinto says the government's crackdown on tax strategies could 'come back to bite' Australia.

Regulator tightens rules on ultra-fast trades

The ASIC has announced new market integrity rules for high-speed traders and dark pools.

Gareth Hutchens The ASIC announces new market integrity rules for high-speed traders and dark pools.

ASX

Greek setback weighs on shares

Stockmarket

Gareth Hutchens The sharemarket lost ground today after Europe’s leaders failed to strike a crucial deal on a Greek bailout for the second week in a row.