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Showing 31 - 40 of 169 results for "Treasury"

AOFM launches first Green Treasury Bond

ROSE MARY PETRASS  |  MONDAY, 3 JUN 2024  |  NEWS
The Australian Office of Financial Management (AOFM) has this week launched the first Green Treasury Bond. The $7 billion sovereign green bonds will mature on June 21, 2034 and settlement will occur on June 14. Commonwealth Bank of Australia, Deutsche ...

Accountants say digital is key

ROSE MARY PETRASS  |  MONDAY, 27 MAY 2024  |  NEWS
... rules, argue Deloitte and PwC. Mandatory climate reporting in Australia is set to come into force from this year. The Treasury Law Amendment (Financial Market Infrastructure and Other Measures) Bill 2024 lays out a new regime. According to Workiva, 90% ...

The rising role and risks of generative AI

ANDREW MCKEAN  |  MONDAY, 20 MAY 2024  |  NEWS
... chatbots, which he considers "fluffy," he believes there's "massive ongoing deepening" in back-office functions such as treasury and clearing. "When it comes to generative AI, you may have noticed from today's discussions and previous conferences ...

Budget 2024: Regulators given boost to combat misconduct, cybersecurity

JAMIE WILLIAMSON  |  WEDNESDAY, 15 MAY 2024  |  NEWS
... and other sustainability-related financial misconduct. A further $1.6 million will be given over two years for ASIC and Treasury to consult on the design of a labelling regime to regulate the use of sustainability labels on retail investment products. ...

Auditors lambast mandatory climate reporting requirements

ELIZA BAVIN  |  MONDAY, 29 APR 2024  |  NEWS
Almost 90% of surveyed auditors do not support the government's requirements to implement mandatory climate reporting and assurance on private companies, not-for-profits and companies limited by guarantee, according to a new survey. The survey was ...

Investors back climate disclosure mandate

ROSE MARY PETRASS  |  WEDNESDAY, 24 APR 2024  |  NEWS
... groups overseeing $80 trillion have joined up in support for Canberra's proposed law to mandate climate disclosures. The Treasury Law Amendment (Financial Market Infrastructure and Other Measures) Bill 2024 also lays out a new regime to protect financial ...

RIAA: Green bonds broaden investor appeal

MICHELLE BALTAZAR  |  THURSDAY, 18 APR 2024  |  NEWS
... law will leave little wriggle room for greenwashing. In a separate development, this year marks the launch of the first Treasury Green Bond. The Australian Office of Financial Management kicked off a national roadshow, happening in-person and online ...

Competition watchdog exec first boss at think tank

ROSE MARY PETRASS  |  THURSDAY, 18 APR 2024  |  NEWS
... worked at the Essential Services Commission, the Australian Competition and Consumer Commission (ACCC), Commonwealth Treasury and the Australian Bureau of Statistics. He has qualifications from Harvard, Melbourne University and the Australian National ...

Directors welcome new climate reporting regime

ROSE MARY PETRASS  |  THURSDAY, 28 MAR 2024  |  NEWS
... wheels" to avoid "risking failure." Canberra met them in the middle with a 6-month delay announced on March 27 as the Treasury Laws Amendment (Financial Market Infrastructure and Other Measures) Bill was introduced to the House of Representatives. "Our ...

Fund managers "eagerly" await green Treasury bond

ROSE MARY PETRASS  |  MONDAY, 25 MAR 2024  |  NEWS
... Corporation have been appointed as Joint Lead Managers (JLMs) for the initial public offering of the first June 2034 green Treasury bond. The green bonds are set to be issued between April and June 2024 by the Australian Office of Financial Management ...