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Showing 11 - 20 of 246 results for "exclude"

Government seeks to exclude tobacco, gambling from R&D subsidies

RIDDHIMA TALWANI  |  FRIDAY, 12 DEC 2025  |  NEWS
... for research and development (R&D) tax incentives. Treasury is looking to amend the Income Tax Assessment Act 1997 to exclude the incentives for years starting 1 July 2025 as they have the potential to cause public harm. Treasury said this change will ...

Norway SWF told to pause ethical divestments

JAMIE WILLIAMSON  |  FRIDAY, 7 NOV 2025  |  NEWS
... fund would need to be prepared for that it may no longer be able to invest in them. Currently, the fund may choose to exclude a company based on conduct, product or alternative reasons. So far, 104 companies are excluded based on their products. It's ...

False exclusion claims see Prime Super fined

JAMIE WILLIAMSON  |  THURSDAY, 6 NOV 2025  |  NEWS
Prime Super paid a penalty of $18,780 after it claimed it "excluded entirely" manufacturers of tobacco products when it had indirect holdings in six companies. ASIC issued an infringement notice to the $8 billion super fund over misleading statements ...

HESTA pays $40k fine for greenwashing

ELIZA BAVIN  |  THURSDAY, 6 NOV 2025  |  NEWS
HESTA has paid $37,560 to comply with two infringement notices issued by ASIC for misleading statements. ASIC alleged the $100 billion super fund made misleading statements in paid advertisements about its commitment to removing carbon emissions investments. ...

Fiducian sued for greenwashing in ESG fund

ELIZA BAVIN  |  MONDAY, 6 OCT 2025  |  NEWS
... land or water unnecessarily". The Statement of Claim alleges that at no stage did the PDS's of the underlying funds exclude investments in shares or companies that derived revenue wholly or substantially from fossil fuels. Further, ASIC alleges that ...

Aware Super expands investment restrictions

ELIZA BAVIN  |  MONDAY, 15 SEP 2025  |  NEWS
Aware Super expanded its fund-wide controversial weapons investment restrictions to include biological, incendiary and white phosphorous weapons. The changes came into effect on 31 March 2025. The restriction also covers both whole systems and key components. ...

Return to office will harm careers, businesses

JAMIE WILLIAMSON  |  THURSDAY, 31 JUL 2025  |  NEWS
... unintended consequence here is that, when the market moves, organisations that have a very strict mandate around this will exclude Gen Z, who feel it's their absolute fundamental right to work from anywhere," Butt said. As a result, organisations that ...

Pendal, Regnan funds expand controversial weapons exclusions

JAMIE WILLIAMSON  |  MONDAY, 7 JUL 2025  |  NEWS
... International Share Fund, Pendal Sustainable Conservative Fund, and the Regnan Global Equity Impact Solutions Fund now exclude companies directly involved in the supply of goods or services specifically related to controversial weapons. For the Sustainable ...

BlackRock, Vanguard bankroll 'genocide', illegal occupation: UN

KARREN VERGARA  |  THURSDAY, 3 JUL 2025  |  NEWS
A new report by the United Nations claims BlackRock and Vanguard are the major asset managers profiting from "sustaining the illegal Israeli occupation [of Palestinian territories] and its ongoing genocidal campaign in Gaza". UN special rapporteur Francesca ...

Financial materiality of nature-related risks now clear: TNFD

JAMIE WILLIAMSON  |  MONDAY, 30 JUN 2025  |  NEWS
A new paper from the Taskforce on Nature-related Financial Disclosures (TNFD) demonstrates the financial consequences of nature-related risks are already being felt by businesses and the global economy. The report, jointly authored by the University ...