Search Results

Showing 41 - 50 of 124 results for "Treasurer"

Treasury mandates APRA must consider climate risk in duties

RACHEL ALEMBAKIS  |  THURSDAY, 8 JUN 2023  |  NEWS
... climate reporting standards by regulated entities." The move was welcomed by investment professionals. "The move by the Treasurer to require APRA to consider climate related financial risks is a welcome step forward for transparency," said Betashares ...

Experts evaluate impact of Modern Slavery Act review

RACHEL ALEMBAKIS  |  THURSDAY, 1 JUN 2023  |  NEWS
... also pointed to the recommendation to create a federal Office of the Anti-Slavery Commissioner - which was funded under Treasurer Jim Chalmers' budget proposal earlier in May. "The introduction of an independent anti-slavery commissioner raises awareness ...

No pause button on greenwashing action: ASIC

ROSE MARY PETRASS  |  THURSDAY, 11 MAY 2023  |  NEWS
... reduce greenwashing and strengthen ESG labelling. The government is also introducing a sovereign green bonds program. The treasurer last month announced the government will co-fund the initial development phase of an Australian sustainable finance taxonomy ...

Renewable energy, climate in spotlight in Federal Budget

RACHEL ALEMBAKIS  |  TUESDAY, 9 MAY 2023  |  NEWS
The transition to a renewable energy future was a central part of the Federal Budget unveiled by Treasurer Jim Chalmers on Tuesday night. In addition to action on climate, the Budget also included an $8 million allocation to establish a federal government ...

Jones calls for taxonomy to clarify greenwashing

RACHEL ALEMBAKIS  |  WEDNESDAY, 3 MAY 2023  |  NEWS
Assistant treasurer and minister for financial services Stephen Jones said that without a sustainable finance taxonomy, regulators will only be able to catch the "most egregious" examples of greenwashing in Australia. Speaking at the Australian Council ...

Investors welcome Commonwealth green bond program

RACHEL ALEMBAKIS  |  THURSDAY, 27 APR 2023  |  NEWS
... begin in mid-2024 following the development of a Green Bonds Framework and engagement with investors. "We encourage the Treasurer and AOFM to protect the credibility of the program by ensuring the use of proceeds (UoP) from green bond issuance are directed ...

Government to fund sustainable finance taxonomy development

RACHEL ALEMBAKIS  |  FRIDAY, 21 APR 2023  |  NEWS
Treasurer Jim Chalmers has announced that the government will co-fund the initial development phase of an Australian Sustainable Finance Taxonomy, in partnership with the Australian Sustainable Finance Institute (ASFI). ASFI is the organising body working ...

RIAA hires head of certification

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 APR 2023  |  NEWS
... globally, including the SEC ESG Disclosure Guidance in the US, SFDR in the EU, and SDR in the UK as well as locally. Treasurer Jim Chalmers has identified strengthening action on greenwashing as a pillar of his sustainable finance strategy, particularly ...

More greenwashing investigations ahead: ASIC

RACHEL ALEMBAKIS  |  THURSDAY, 2 MAR 2023  |  NEWS
... greenwashing against four entities. "Reliable disclosure practices are vital to a well-functioning market," Longo said. "The treasurer has spoken about attracting green capital to Australia as the world decarbonises. This can only happen if Australia's ...

Climate change to shape economy long-term: Forum

RACHEL ALEMBAKIS  |  THURSDAY, 16 FEB 2023  |  NEWS
... have, and top of the list at the moment is the governor of the Reserve Bank of Australia, but second on the list is treasurer of Australia because of those competing pressures." In terms of fiscal priorities, Hutley noted that the challenge is using ...