Search Results

Showing 41 - 50 of 81 results for "Canberra"

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 ...

Government introduces anti-slavery commissioner legislation

RACHEL ALEMBAKIS  |  FRIDAY, 1 DEC 2023  |  NEWS
Canberra has introduced legislation to establish Australia's first federal anti-slavery commissioner. The Modern Slavery Amendment (Australian Anti-Slavery Commissioner) Bill 2023 amends the Modern Slavery Act 2018 to "establish the core functions ...

New code of practice guidance for voluntary carbon markets

ROSE MARY PETRASS  |  WEDNESDAY, 29 NOV 2023  |  NEWS
... integrity of voluntary carbon markets (VCMs). The guidance comes as Australia's independent watchdog conducts a review into Canberra's Australian Carbon Credit Unit (ACCU) scheme. According to VCMI, use of VCMs could unlock over $50 billion by 2030 if ...

Carbon credit review falls short on CO2 capture and slavery

ROSE MARY PETRASS  |  MONDAY, 27 NOV 2023  |  NEWS
An independent review to be released next month will inform how Canberra moves forward amid criticisms of its Australian Carbon Credit Unit (ACCU) scheme. Ahead of release, FS Sustainability has learnt the recommendations won't address modern slavery ...

Treasury proposes merger of accounting, audit bodies

RACHEL ALEMBAKIS  |  MONDAY, 27 NOV 2023  |  NEWS
Canberra has proposed merging the three financial reporting bodies to make them "more efficient, effective and fit for purpose," a move that have caught some by surprise. Treasurer Jim Chalmers has announced that government will propose legislation ...

Capacity Investment Scheme expansion to jolt renewable energy

ROSE MARY PETRASS  |  THURSDAY, 23 NOV 2023  |  NEWS
... not commit will have excess capacity reallocated to states that do opt-in. The scheme was announced last December, with Canberra stating it would unlock around $10 billion of investment in clean dispatchable power - an approximately fourfold lift in ...