Social

Government delivers more 'teeth' to modern slavery act

RIDDHIMA TALWANI  |  THURSDAY, 16 JUL 2026  |  NEWS
Large corporates with annual consolidated revenue of over $100 million will face a criminal offence where they fail to prevent modern slavery in their supply chains, the government said.

Performance incentives may undermine honesty: Study

VINNY VUCAGO  |  MONDAY, 13 JUL 2026  |  NEWS
A new study from the University of Technology Sydney (UTS) is challenging one of the most influential ideas in modern economics, arguing trust and professional integrity may, in some cases, deliver better organisational outcomes than performance-bases ...

Australia adds 25k millionaires, boasts low wealth inequality

KARREN VERGARA  |  MONDAY, 6 JUL 2026  |  NEWS
Australia's club of millionaires jumped by 25,000 last year thanks to booming property values and fat superannuation balances, according to the UBS Global Wealth Report, which also found the country boasts comparatively low wealth distribution inequality.

Investment groups form alliance against modern slavery

MATTHEW WAI  |  MONDAY, 29 JUN 2026  |  NEWS
A joint letter combining over 100 signatories of institutional investors, businesses, unions and related organisation was sent to the government advocating for reform to address underlying risks in modern slavery.

Australians take climate fight to UN

VINNY VUCAGO  |  THURSDAY, 25 JUN 2026  |  NEWS
Ten Australians have lodged a complaint with the United Nations Human Rights Committee, alleging the federal government is breaching its human rights obligations by continuing to approve and support new fossil fuel projects.

Private sector pushes for NZ modern slavery law

RIDDHIMA TALWANI  |  THURSDAY, 11 JUN 2026  |  NEWS
Multiple private sector players including AMP Wealth Management New Zealand, Ausbil, Future Group, Metrics Credit Partners, U Ethical Investors and Westpac have signed a statement to support the introduction of laws to address modern slavery in New Zealand.

ANZ to enhance financial literacy for First Nations people in new partnership

MATTHEW WAI  |  THURSDAY, 11 JUN 2026  |  NEWS
ANZ has announced a two-year partnership with First Nations Foundation to expand its outreach program for improved financial literacy among First Nations communities.

Pension funds urged to measure and communicate broader social value

VINNY VUCAGO  |  FRIDAY, 5 JUN 2026  |  NEWS
Pension funds can play a greater role in addressing societal challenges without compromising investment returns or fiduciary obligations, according to a new report released by the International Centre for Pension Management.

What does a world with 'zero migration' look like?

RIDDHIMA TALWANI  |  WEDNESDAY, 3 JUN 2026  |  NEWS
Oxford Economics hypothesised an extreme scenario of "zero migration" globally and found while destination economies would see significant declines in output per capita, origin economies would have modest gains.

$50k a minute: Billionaire wealth boom highlights inequality in Australia

VINNY VUCAGO  |  TUESDAY, 2 JUN 2026  |  NEWS
Australia's billionaires increased their collective wealth by $25.67 billion over the past year, which is equivalent to almost $50,000 per minute according to new analysis by Oxfam Australia.
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