Gareth Hutchens
- Indexed articles, last 90 days
- 30
- Latest publication
- Sep 30, 2026
- Outlet visibility, for ABC Australia
- Top 5K sites
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- Jul 8, 2026
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November rate rise less likely with inflation data lower than expected (opens the original)
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Headline inflation jumped to 4 per cent in August, from 3.5 per cent in July, driven by higher housing costs and automotive fuel prices. But underlying inflation remained at 3.6 per cent for the third month in a row. Some economists think another rate rise is likely, though money markets are predicting there is only a 20pc chance of a November hike. The odds of the Reserve Bank lifting interest rates in November have fallen sharply after the latest consumer price index (CPI) came in lower than e
Future Fund sells down stake in some semiconductor and chip companies, but still making money (opens the original)
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How much has Australia's Future Fund profited from investing in weapons manufacturers in the last six months? How many SpaceX shares has it bought? How many Tesla shares has it sold? Australia's sovereign wealth fund published its latest six-monthly investment report on Monday. It published it quietly, without a press release or public announcement. The Future Fund is two decades old and it has grown its initial $60 billion investment, from 2006, into $290 billion (and it manages an additional $
RBA lifts rates to highest level in 15 years (opens the original)
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The Reserve Bank's Monetary Policy Board has lifted interest rates by 0.25 percentage points. It lifts the cash rate target to 4.60 per cent, up from 4.35 per cent. It is the highest rate since late 2011. The Bureau of Statistics will release its September inflation data tomorrow. The Reserve Bank has lifted interest rates to their highest level in 15 years. It has increased rates by 0.25 percentage points, which lifts the cash rate target to 4.6 per cent, up from 4.35 per cent. It will be a blo
Unemployment rate reaches post-COVID era high of 4.6pc in August (opens the original)
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The unemployment rate lifted to 4.6 per cent in August, up 0.1 percentage points from July. Some economists say the increase in unemployment probably will not be enough to stop the Reserve Bank lifting interest rates. The Reserve Bank's monetary policy board meets on September 28 and 29 to decide what to do with interest rates. Australia's unemployment rate drifted higher in August. The national unemployment rate rose to 4.6 per cent, up from 4.5 per cent in July, in seasonally adjusted and tren
Business and miners back Labor's migration policies, but farmers angry (opens the original)
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Business groups, miners and the housing industry have welcomed the federal government's changes to the migration system. But farmers and the hospitality and tourism industries say the government's crackdown on working holiday visas will hit the economy and make labour shortages worse. Data show Australia's population grew by 392,700 people in the past year. The government's policies could see that number drop to roughly 325,000 a year. Tony Burke, the minister for immigration, announced Labor's
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