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Showing 11 - 20 of 159 results for "budget"

Super funds set renewables targets

ELIZA BAVIN  |  TUESDAY, 26 NOV 2024  |  NEWS
The Association of Superannuation Funds of Australia (ASFA) has welcomed the decision at a recent Treasury investor roundtable to progress work towards encouraging greater investment in Australia's renewables transition. The roundtable was for the ...

New tool sniffs out greenwashing

ROSE MARY PETRASS  |  TUESDAY, 26 NOV 2024  |  NEWS
Future Group's new and much-needed green lie detector has been made open source, available for free for all. The tool developed in partnership with the University of Technology Sydney's Institute for Sustainable Futures promises to help investors ...

Supermarket giants lead anti-slavery efforts

ROSE MARY PETRASS  |  FRIDAY, 15 NOV 2024  |  NEWS
... it, Fix it, Prevent it' framework. IAST APAC also successfully lobbied Canberra to set aside AU$8 million in the 2023-24 Budget to set up an independent Anti-Slavery Commissioner in Australia. What's next for IAST APAC? It's now calling for a National ...

Australia among the leaders in lowering carbon emissions

MICHELLE BALTAZAR  |  THURSDAY, 14 NOV 2024  |  NEWS
... bigger push into renewable energy over the same period. CSIRO's Dr Pep Canadell, executive director of the Global Carbon Budget, said there has been a 0.8% increase in global carbon emissions from fossil fuels in 2024. This is equivalent to an additional ...

Australia waits for 2035 target

ROSE MARY PETRASS  |  MONDAY, 11 NOV 2024  |  NEWS
... those who say it's too great a cost to take action on climate change: I was the person that had to manage the fund budget that had to pay for the cost of us not taking action... and let me tell you it's far greater a cost," he said. "We simply ...

Making a splash: The economic impact of AUKUS

KARREN VERGARA  |  THURSDAY, 24 OCT 2024  |  NEWS
... 32.4%, and has done so in the last three years. As Australia beefs up its war chest, pledging $55.7 billion in the 2024-25 Budget, a sum that is projected to grow to $100 billion in 10 years' time, it is beset by tensions in the Middle East nearing ...

Super for housing to exacerbate affordability crisis: Eslake

ANDREW MCKEAN  |  FRIDAY, 20 SEP 2024  |  NEWS
... undermining Australians' home ownership prospects, slash retirement savings, and come at a significant cost to the Budget, according to a Corinna Economic Advisory report by Saul Eslake. In the report commissioned by the Super Members Council (SMC) ...

Catastrophe bill blows up to $90bn

ELIZABETH FRY  |  THURSDAY, 15 AUG 2024  |  NEWS
... than preparing communities. The analyst noted that the government is gradually re-prioritising. Russell cited the 2024 Budget Disaster Ready Funds. "This repricing activity is one reason why we continue to recommend the general insurance names to our ...

Woodside's US$2.35bn gamble raises doubts

ROSE MARY PETRASS  |  MONDAY, 12 AUG 2024  |  NEWS
... by 2030. Woodside has not set a Scope 3 target, and its Scope 3 emissions are projected to overshoot its 1.5°C carbon budget by over 70% between 2022 and 2050, according to the World Benchmarking Alliance. Critics question the project's ability ...

Gender lens investing to receive $1.5bn injection

MICHELLE BALTAZAR  |  FRIDAY, 2 AUG 2024  |  NEWS
ANZ bank, fund manager Nuveen and the Australian Department of Finance and Trade (DFAT) are part of a steering committee backing Indonesia's move to raise $1.5 billion in gender-based capital by next year. The agreement was struck at a roundtable meeting ...

Editor's Choice

Green moves: Aware Super, Minderoo Foundation

ELIZABETH FRY
CareSuper hired an ESG specialist from a rival, while Andrew Forrest's Minderoo Foundation appointed an executive director of effective philanthropy.

Macquarie AM takes over Island Green Power

KARREN VERGARA
Macquarie Asset Management (MAM) is now the owner of renewable energy developer Island Green Power, scooping up the remaining 50% stake.

Palliser Capital hits out at Rio Tinto board

ANDREW MCKEAN
Palliser Capital has vowed to continue pressing for governance reform at Rio Tinto after its shareholder resolution calling for an independent review of the miner's dual-listed company structure fell short at the group's annual general meeting.

ISSB looks to ease Scope 3 disclosure requirements

JAMIE WILLIAMSON
The International Sustainability Standards Board has proposed changes to requirements under IFRS S2 to offer clarity around existing reliefs and provide further relief in relation to specific Greenhouse Gas emissions disclosures.

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