Search Results

Showing 41 - 50 of 169 results for "Treasury"

Government to pay super on paid parental leave

JAMIE WILLIAMSON  |  MONDAY, 11 MAR 2024  |  NEWS
... factored into the May federal budget. It's expected to cost about $250 million a year, based on previous estimates by Treasury when the SG rate was still 9.5%. Paying super on top of PPL has long been advocated for by the superannuation industry ...

Business calls for 12-month climate reporting delay

ROSE MARY PETRASS  |  THURSDAY, 29 FEB 2024  |  NEWS
... 12-month delay on climate reporting, citing a need for "training wheels" to prevent "risking failure." This comes as Treasury considers a 6-month delay raised by the Australian Institute of Company Directors. Treasury is also considering an extension ...

Decarbonising aluminium key priority for Capral

RACHEL ALEMBAKIS  |  MONDAY, 19 FEB 2024  |  NEWS
... which was 7% of Australia's national emissions, according to the Australian Aluminium Council's February submission to Treasury on forthcoming mandatory climate-related financial disclosures. About 10% of the national energy grid usage comes from Australia's ...

Sunshine state issues $2.75bn green bond

RACHEL ALEMBAKIS  |  MONDAY, 29 JAN 2024  |  NEWS
Queensland Treasury Corporation (QTC) has issued a $2.75 billion 10-year green bond. The bond, which has a yield of 4.75%, has a rating of AA+ (Stable) by S&P Global and Aa1 (Stable) by Moody's Investors Service and takes QTC's total term debt ...

Podcast: Banking on the future with Australia's green bank

THE GREENER WAY  |  MONDAY, 15 JAN 2024  |  NEWS
... conversation to talk about the past decade and the future of green investment in Australia. Beyond its role in investment, Treasury has also proposed that the CEFC take a key role in its recently announced sustainable finance strategy in delivering discounted ...

Treasury publishes climate disclosure legislation

RACHEL ALEMBAKIS  |  MONDAY, 15 JAN 2024  |  NEWS
... of climate change from 1 July 2026, according to mandatory climate risk reporting legislation proposed by government. Treasury released the exposure draft of legislation that would make financial disclosure of climate risk and opportunity mandatory in ...

World Bank breaks record with US$5b sustainable development bond

ROSE MARY PETRASS  |  MONDAY, 8 JAN 2024  |  NEWS
... Stock Exchange, the bond pays a semi-annual coupon of 4%, with a spread of 16.7 basis points versus the reference US Treasury, and a semi-annual yield of 4.082%. Almost half of investors (49%) are banks, bank treasuries, and corporates. 35% are central ...

Top 10 most-read articles of 2023

ROSE MARY PETRASS  |  THURSDAY, 28 DEC 2023  |  NEWS
... which will focus on supporting women's economic empowerment during the transition to a low climate global economy. #9 Treasury mandates APRA must consider climate risk in duties June: Treasury released an updated statement of expectations for the ...

ESG in 2024: key trends and legislative changes for the year ahead

ROSE MARY PETRASS  |  THURSDAY, 28 DEC 2023  |  NEWS
If 2023 marked a broadened focus on climate adaptation, transition, biodiversity and modern slavery, 2024 is poised to be the year of ESG integration, consolidated reporting, legislative compliance, supply chain due diligence, and managing artificial ...

Task Force on Climate-Related Financial Disclosures disbanded

ROSE MARY PETRASS  |  WEDNESDAY, 27 DEC 2023  |  NEWS
... take action against directors and reporting entities in relation to forward-looking statements and Scope 3 emissions. Treasury has stated in its consultation paper that companies "will be afforded protection from false or misleading representation claims ...