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Showing 21 - 30 of 163 results for "budget"

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 ...

IFM, ASX-listed firms bet on renewable fuels

KARREN VERGARA  |  WEDNESDAY, 31 JUL 2024  |  NEWS
... feedstock producers, with the benefits flowing on to regional communities and consumers," Spurway said. In the 2024-25 Budget, the government floated new measures to accelerate the super industry's investment in Australia's energy transition ...

Olympics flame sparks $10bn pledge to sports equality

ROSE MARY PETRASS  |  MONDAY, 29 JUL 2024  |  NEWS
... from 2016 to 2026 across 211 member countries. The Olympic committee will increase its US$650 million Olympic Solidarity budget by 10% over the next three years. The IOC already redistributes more than 90% of its income - US$4.2 m per day - to the wider ...

M&A deals ramp up ESG checks

ROSE MARY PETRASS  |  WEDNESDAY, 10 JUL 2024  |  NEWS
... globally. The 'ESG Due Diligence' study found that despite the rising importance of ESG in mergers and acquisitions, budget constraints and other pressures remain. Economic uncertainty and anti-ESG backlash in some regions have impacted the prioritisation ...

First renewable energy zone to start works

ROSE MARY PETRASS  |  TUESDAY, 2 JUL 2024  |  NEWS
... industry and jobs. That means transmission jobs, manufacturing jobs, construction jobs and maintenance jobs. "Our recent budget invested money into the planning system to support and speed up the NSW government's assessment of renewable energy projects ...

Vision Super in hot water over coal investment

ELIZA BAVIN  |  TUESDAY, 25 JUN 2024  |  NEWS
... governance policy, removing its revenue-based coal, oil and gas investment restrictions and replacing them with a "carbon budget framework". Market Forces analysis revealed Vision Super's default investment option has since picked up investment exposure ...

What's keeping the Treasurer up at night?

ANDREW MCKEAN  |  MONDAY, 17 JUN 2024  |  NEWS
Treasurer Jim Chalmers said at the Morgan Stanley Australia Summit in Sydney yesterday that a key goal of the Budget was to fight inflation in a way that doesn't damage an already weak economy. "... the primary focus of the Budget was to tackle ...