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Showing 91 - 100 of 395 results for "tax"

Climate risk or opportunity for insurance sector

ROSE MARY PETRASS  |  THURSDAY, 5 OCT 2023  |  NEWS
Insurance leaders have reframed the challenge of climate risk as an opportunity, stating that physical risk from climate change is not the biggest challenge to insurance. Finity Consulting principal Rade Musulin and Swiss Reinsurance head of property ...

Australian Unity inks sustainability-linked loan

RACHEL ALEMBAKIS  |  MONDAY, 11 SEP 2023  |  NEWS
... EBITDA for 2023 was $161.5 million, an increase of $17.3 million over the previous corresponding period, and a profit after tax of $56.8 million -up $11.1 million. Australian Unity has also released its 2023 Impact Report, which details how the company ...

Australia considers carbon tariff to level playing field

RACHEL ALEMBAKIS  |  THURSDAY, 7 SEP 2023  |  NEWS
The Australian government is considering introducing a carbon tariff on carbon-intensive imports such as steel and cement to level the playing field for Australian business that are incurring costs to decarbonise their products. If Australia introduces ...

Three-fold bang for the buck when investing in research

ROSE MARY PETRASS  |  THURSDAY, 7 SEP 2023  |  NEWS
... programs, there is a tendency to limit the economic impact to more easily quantifiable amounts. For instance the cost of the R&D Tax Incentive is often measured as the cost of the tax benefit received by claimants plus the cost of administration (by ...

Bridging the ESG gap: strategies for institutional investors

ROSE MARY PETRASS  |  MONDAY, 28 AUG 2023  |  NEWS
Institutional investors worldwide face a moment of truth for their commitment to improving ESG. Over 4000 investors and managers representing US$120 trillion in assets under management have now signed on to the UN-backed Principles for Responsible Investment ...

Investors consider greenwashing when setting net zero targets

RACHEL ALEMBAKIS  |  THURSDAY, 24 AUG 2023  |  NEWS
Businesses and investors are balancing how to set and communicate ambitious net zero targets decarbonisation without greenwashing or greenhushing, and getting that correct is a challenge. Regulators around the world have been cracking down on greenhushing ...

Climate action both risk and opportunity to Australia: Intergenerational Report

RACHEL ALEMBAKIS  |  THURSDAY, 24 AUG 2023  |  NEWS
... public interest think tank Climate Energy Finance. "Conversation around the Intergenerational Report this week has focused on tax changes and increasing the GST, yet we are standing on the brink of an economic opportunity of a lifetime -a clean energy ...

New code of practice to mitigate slavery risks in renewables

ROSE MARY PETRASS  |  THURSDAY, 24 AUG 2023  |  NEWS
The NSW Anti-Slavery Commission and the Clean Energy Council (CEC) are developing a code of practice to help identify modern slavery risks in renewable energy supply chains. Reliance on materials and components associated with forced labour and other ...

Pact Group sells stake in crate pooling business

RACHEL ALEMBAKIS  |  THURSDAY, 17 AUG 2023  |  NEWS
... challenging environmental conditions and increases in labour and domestic supply chain costs," and reported net profit after tax of - $7 million, "as a result of a non-cash impairment of $37 million (after tax) property, plant and equipment in the packaging ...

Woodside sells 10% of $16.5b Scarborough LNG to Japan investors

ROSE MARY PETRASS  |  FRIDAY, 11 AUG 2023  |  NEWS
Two prominent Japanese investors are set to acquire a 10% stake in Woodside's controversial WA Scarborough liquid natural gas (LNG) project for US$880. The equal partners will function both as customers and collaborators, exploring new energy prospects. ...