Gareth Hutchens's profile photo

Gareth Hutchens

Canberra

Business Reporter at ABC News (Australia)

ABC reporter. Economics. Business. “I never knew a man could tell so many lies, he had a different story for every set of eyes.”

Articles

  • 3 days ago | abc.net.au | Gareth Hutchens

    Australia's economy grew by 0.2 per cent in the March quarter, and 1.3 per cent through the year, according to the Australian Bureau of Statistics (ABS). It means economic growth slowed in the first three months of the year, from 0.6 per cent at the end of 2024, and missed expectations. GDP per capita fell 0.2 per cent this quarter, following a 0.1 per cent rise in the December 2024 quarter, the ABS said.

  • 4 days ago | abc.net.au | Gareth Hutchens

    Australia's economy will experience weaker growth, lower inflation and a slightly weaker labour market as a consequence of US President Donald Trump's tariffs, an RBA official says. Sarah Hunter, an assistant governor at the Reserve Bank, said the uncertainty caused by Mr Trump's tariffs — with their constantly shifting rules and levels — was also making it harder to forecast where the global economy was heading.

  • 2 weeks ago | abc.net.au | Gareth Hutchens

    Treasurer Jim Chalmers held a press conference last week that will enter Australian political folklore. It was reminiscent of some of Paul Keating's press conferences and interviews from the 1980s when the then-treasurer made certain statements ("banana republic," "brings home the bacon") that matched the historic moment and became part of the national lexicon. And for Chalmers, it announced major twin victories: one economic, one political. It occurred on Tuesday afternoon.

  • 2 weeks ago | abc.net.au | Gareth Hutchens

    Andrew Hauser, the Reserve Bank's deputy governor, says he was in China the week after US President Donald Trump shocked the world with his so-called "Liberation Day" tariffs in early April, and he witnessed something remarkable.

  • 2 weeks ago | abc.net.au | Gareth Hutchens

    Does Labor have a "mandate" to do what it wants after its big election win? In the wake of its historic victory, a debate has already kicked off about Labor's plan to change the tax treatment of superannuation accounts with balances above $3 million. Labor flagged its intention to pursue the policy years ago, and it took the plan to the recent election (which it won comfortably).

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Gareth Hutchens
Gareth Hutchens @grhutchens
13 Apr 23

The full-time share of employment in Australia is back to where it was a decade ago https://t.co/GA0RPVN3Y1

Gareth Hutchens
Gareth Hutchens @grhutchens
9 Apr 23

Why are voters abandoning the Liberal Party? What does liberalism stand for today? https://t.co/sjekkFyIrd

Gareth Hutchens
Gareth Hutchens @grhutchens
7 Apr 23

From 1944, before the "Australian Dream" of widespread home ownership had been created by governments. An official from a Housing Commission tells a public meeting that the private sector shouldn't fear govts getting into the home-building game. The Age, 21 June, 1944 https://t.co/1YAf9viVR7