The Latest Breaking News from Gareth Hutchens

Westpac offers select mortgage prisoners a potential lifeline, ASX ends higher on bank gains — as it happened

Bank stocks boost the ASX to a solid gain, while Westpac waives the mortgage serviceability buffer for some select borrowers who want to refinance their mortgage.

ABC News · May 18, 2023

ASX loses 1.4pc as Credit Suisse share plunge rattles markets, unemployment rate returns to near-50 year low

The ASX 200 lost 1.4pc after a plunge for giant Swiss bank Credit Suisse triggered a rout on European stock markets and losses on Wall Street overnight.

ABC News · Mar 15, 2023

Retail theft hits record levels, hitting the share price of supermarket giants, but ASX200 closes slightly higher - as it happened

Retail theft hits record levels, hitting the share price of supermarket giants, but ASX200 closes slightly higher - as it happened

ABC News · Mar 1, 2023

Interest rate updates: Reserve Bank lifts cash rate by 0.25 of a percentage point — as it happened

The treasurer says inflation will "get worse before it gets better" as the RBA announces a sixth consecutive monthly rise — as it happened.

ABC News · Oct 4, 2022

Jim Chalmers warns GDP figures don't 'tell the full story about our economy' — as it happened

Treasurer Jim Chalmers said while the latest economic growth figures are "solid", they don't show the increasing financial pressures facing Australians. Look back on Wednesday's updates.

ABC News · Sep 7, 2022

Interest rate updates: RBA increases cash rate for fourth consecutive month to curb rising inflation — as it happened

The Reserve Bank has raised the cash rate for the fourth time in as many months to curb inflation. Look back at how our experts unpacked what this means for you in our blog.

ABC News · Aug 2, 2022