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Macquarie remuneration report hit with first strike

KARREN VERGARA  |  MONDAY, 28 JUL 2025  |  NEWS
Macquarie Group suffered its first strike against its remuneration report at the annual general meeting yesterday, with 25.4% of shareholders expressing their dissatisfaction. Macquarie Group chair Glenn Stevens told the meeting that senior leaders ...

Authorities are now accountable for caused climate damage

MATTHEW WAI  |  THURSDAY, 24 JUL 2025  |  NEWS
A new ruling by the International Court of Justice (ICJ) will hold states and countries accountable for the climate damage they have caused. The ICJ has delivered its Advisory Opinion on the Obligation of States in respect of Climate Change, which suggests ...

Australian Ethical puts Macquarie on notice

ELIZA BAVIN  |  THURSDAY, 24 JUL 2025  |  NEWS
Australian Ethical Investment is calling on Macquarie Group to step-up its disclosure on climate-related financial risk to shareholders. Australian Ethical said despite Macquarie's public commitments to support an orderly net zero transition by 2050 ...

Unchecked climate change to cost Australia trillions: Climate Council

MATTHEW WAI  |  THURSDAY, 24 JUL 2025  |  NEWS
New research has indicated the Labor government's climate goals may not be up to scratch, as choosing a strong target in the present remains more cost-effective than attempting to adapt to escalating climate damage. Climate Council's Stronger Target ...

ESG experts' earning potential revealed

KARREN VERGARA  |  THURSDAY, 24 JUL 2025  |  NEWS
Leaders in the fields of ESG and sustainability can command up to $280,000 in remuneration, according to Hays' latest Salary Guide. This amount of money can be earned in New South Wales, which shows that sustainability professionals in the state ...

Picture Wealth named fastest-growing planner: report

MICHELLE BALTAZAR  |  THURSDAY, 24 JUL 2025  |  NEWS
A financial planning group that began life as a fintech start-up is enjoying a rapid growth phase. Picture Wealth Advisory leads the top 10 AFSLs with the highest number of new advisers in the year to June, based on a new financial adviser report released ...

AustralianSuper taps NYC pension deputy CIO

MATT TOLEDO  |  THURSDAY, 24 JUL 2025  |  NEWS
AustralianSuper is expanding its U.S. private equity team, announcing the appointment of Eneasz Kądziela Tuesday. Kądziela was previously deputy CIO and head of private equity of the New York City Retirement Systems, five pension funds that serve ...

Brighter Super boosts agriculture portfolio

KARREN VERGARA  |  MONDAY, 21 JUL 2025  |  NEWS
Brighter Super has awarded a $75 million mandate to Riparian Capital Partners. The $28.5 billion superannuation fund is allocating the funds to the Queensland Riparian Agriculture and Food Transition Trust (QRAFT). Brighter Super chief executive Kate ...

Consultation on sustainable product labels kicks off

MATTHEW WAI  |  MONDAY, 21 JUL 2025  |  NEWS
The government has initiated a consultation phase on sustainable investment product labelling, releasing a paper aligning to its Sustainable Finance Roadmap. The government is seeking industry-wide feedback on a framework for sustainable investment ...

IGCC releases capital alignment framework

KARREN VERGARA  |  MONDAY, 21 JUL 2025  |  NEWS
The Investor Group on Climate Change (IGCC) has released a new framework to help investors bridge the capital allocation gap when it comes to financing the climate transition. The Financing Australia's Corporate Climate Transition report provides guiding ...