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Showing 1 - 10 of 52 results for "Canberra"

Budget 2024: A win for clean energy, not environment

ROSE MARY PETRASS  |  WEDNESDAY, 15 MAY 2024  |  NEWS
... Canberra's strategic industrial response to the US Inflation Reduction Act - totals over $21 bn. To boost critical minerals, Canberra will invest $8.8 bn over the decade, and introduce a $7 bn Critical Minerals Production Tax Incentive from 2027. ...

Make sustainability sexy

ROSE MARY PETRASS  |  TUESDAY, 14 MAY 2024  |  NEWS
... strategies. "It's all about institutionalising some of that long-term thinking," Rooney said. The regulation that Canberra is rolling out is the next step in a long line of frameworks and roadmaps that stretch back to the (recent) inception of climate ...

Plibersek threatens circularity laws

ROSE MARY PETRASS  |  THURSDAY, 9 MAY 2024  |  NEWS
Canberra warns if businesses don't step up it will revise legislation surrounding product stewardship and the circular economy to boost investor confidence. But environment minister Tanya Plibersek concedes that sometimes threats are as effective as ...

Investors back climate disclosure mandate

ROSE MARY PETRASS  |  WEDNESDAY, 24 APR 2024  |  NEWS
A group of Australia's most influential finance 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 ...

Canberra's new plan a winner for investors

ROSE MARY PETRASS  |  MONDAY, 15 APR 2024  |  NEWS
Albanese's Future Made in Australia Act is a much-needed signal to promote competition, resiliency, productivity, and attract capital, investors say. The new on-shore manufacturing laws give the green light for superannuation funds and other institutional ...

Upskill needed as mandatory reporting looms

ROSE MARY PETRASS  |  TUESDAY, 9 APR 2024  |  NEWS
... building true resilience for businesses in a rapidly evolving global landscape." In response to this and similar findings, Canberra recently released its first Sustainable Finance Capability Framework - upskilling the finance sector on sustainability. ...

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 ...
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