Search Results

Showing 41 - 50 of 86 results for "Canberra"

Canberra acts on billion-dollar net zero plan

ROSE MARY PETRASS  |  WEDNESDAY, 3 APR 2024  |  NEWS
Laws have been tabled to establish a new independent authority responsible for boosting climate investment, alongside $1 billion for solar that analysts claim will generate up to $400 billion of private capital. The Net Zero Economy Authority Bill 2024 ...

Directors welcome new climate reporting regime

ROSE MARY PETRASS  |  THURSDAY, 28 MAR 2024  |  NEWS
Large companies will get an additional six months to get their books in order as Canberra pushes back the date for reporting under its mandatory climate disclosure regime. The bill establishes a framework to protect financial market infrastructure during ...

Key sector could boost economy by $100 billion

ROSE MARY PETRASS  |  FRIDAY, 22 MAR 2024  |  NEWS
... president, Royal Melbourne Institute of Technology (RMIT) professor Sharath Sriram made the case at the National Press Club in Canberra on Wednesday. STA represents more than 225,000 Australian professionals. As a percentage of GDP, the nation's ...

Legal loophole fail: compliance won't dodge risk

ROSE MARY PETRASS  |  THURSDAY, 21 MAR 2024  |  NEWS
... pilot a new First Nations-led plan under development for the private sector, as the group behind the scheme works with Canberra to update cultural heritage laws. Investors face financial, legal and reputational risk if they fail to navigate due diligence ...

More calls for adaptation

ROSE MARY PETRASS  |  THURSDAY, 14 MAR 2024  |  NEWS
... chance of limiting the impact of climate change on our economy, on our communities, and on our natural environment." Canberra is currently consulting on a sustainable finance strategy led by Treasurer Jim Chalmers, aimed at facilitating multiple forms ...

Canberra targets natural disaster insurance gap

ROSE MARY PETRASS  |  WEDNESDAY, 13 MAR 2024  |  NEWS
The government will attempt to close the natural hazard insurance protection gap, seeking feedback on the standardisation of terms like "storms" and "fire", as well as reforms to the standard cover regime. The reforms are designed to cut insurance costs ...

Canberra funds $111m EV transition

ROSE MARY PETRASS  |  MONDAY, 11 MAR 2024  |  NEWS
Australia's two premier investment vehicles have allocated $55 million in a move aimed at attracting investment and boosting affordability. The Australian Federal Government's Clean Energy Finance Corporation (CEFC) and Australian Renewable Energy Agency ...

Greg Combet to depart Net Zero Economy Agency for Future Fund

ANDREW MCKEAN  |  MONDAY, 29 JAN 2024  |  NEWS
... Greg Combet is set to replace Peter Costello as chair of the Future Fund, commencing mid-year. At a press conference in Canberra, treasurer Jim Chalmers said the appointment of Combet, who only recently relinquished his role as chair of IFM Investors ...

Government sets stage for sovereign green bond

RACHEL ALEMBAKIS  |  THURSDAY, 7 DEC 2023  |  NEWS
Canberra has released the framework for how it will identify, manage, issue and report on sovereign green bonds. The government's green bond program will select assets based on one or more of the government's three green goals - climate change ...

New advisory body for nature investment

ROSE MARY PETRASS  |  TUESDAY, 5 DEC 2023  |  NEWS
Canberra has established a new advisory body to align private finance and investment with nature positive outcomes. The Department of Climate Change, Energy, the Environment and Water this week announced the establishment of the Nature Finance Council ...