Australia's wealth gap deepens: ReportBY CHLOE WALKER | THURSDAY, 28 SEP 2023 12:15PMThe gap between those with the most and those with the least has blown out over the past two decades, with the average wealth of the highest 20% growing at four times the rate of the lowest, new research suggests. Related News |
Editor's Choice
Companies call for certainty around climate disclosures
Industry participants are calling for more certainty when it comes to climate disclosures, with one expert noting it would be better to wait for Scope three emissions reporting before "dumbing down" assurance requirements.
Deloitte pays US$21.5m to settle claims it pursued unlawful DEI practices
Deloitte has agreed to pay the US government US$21.5 million to resolve allegations it failed to comply with anti-discrimination requirements in its federal contracts and discriminating against employees and applicants on the basis of their race or sex.
All states must power data centres with renewables: Bowen
Minister for climate change and energy Chris Bowen has said all states and territories, without exceptions, will need to power data centres through renewable energy.
ARENA commits over $100m on low-cost solar
The Australian Renewable Energy Agency (ARENA) is funding up to $105.6 million for 20 research and development projects to support ultra low-cost solar development, reducing the cost of designing, building, operating and maintaining large-scale solar farms.
Videos
Brought to you by ![]()
Further Reading
Whitepapers
Modern slavery in the geopolitical crossfire
When investors frame the conversation about the risks of modern slavery, we tend to cite a common set of facts and a common set of arguments as to why ...
What ACCR v Santos means for your climate disclosures
The Federal Court has dismissed greenwashing claims brought by the Australasian Centre for Corporate Responsibility (ACCR) against Santos.
Materiality is not a single judgment: It is a governance system
Much has been written about sustainability materiality in recent years. The more fundamental problem is that materiality is still treated as a single ...
Roundtable reflections: Is ESG dead?
"Is ESG dead?" we asked at our recent Responsible Investors (RI) roundtable in May this year. Short answer: no.
Expert Feed
Australia's social media age ban: A digital turning point for society and investment markets
In a global first and a warning shot for platforms, at the end of 2025 Australia became the first country to ban under-16s from social media, with penalties ...
How economics and energy security are driving the next phase of the energy transition
Looking ahead, the next phase of the energy transition will be defined by practical system build-out rather than headline climate commitments.
Sustainability in 2025: Building resilience and navigating risks
In 2025, there is likely to be much scrutiny around US President Donald Trump's anti-green agenda in particular.
Balancing Investor expectations with entrepreneurial growth
Recent headlines highlighting corporate management shortfalls in companies led by their founders underscore the need for rigorous governance standards.
ACCESS MORE CONTENT
Financial Standard
Australia's most-read trade publication for wealth management professionals.
