Editor's Choice
APRA investigating Diversa's executive compensation
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Apex takes on Mercer's NZ fund admin business
Apex Group has expanded its presence in New Zealand, agreeing to onboard Mercer New Zealand's fund administration operations as part of its broader growth strategy across Australasia.
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Aware Super has increased its ownership in Keyton, Australia's largest owner and operator of retirement villages, to 75% by acquiring Lendlease's interest of 25.1%.
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Featured Profile
Brian Redican
CHIEF ECONOMIST
NEW SOUTH WALES TREASURY CORPORATION
NEW SOUTH WALES TREASURY CORPORATION
What makes an economist an economist? TCorp chief economist Brian Redican reflects on over three decades of navigating Australia's economic cycles. Riddhima Talwani writes.
Thanks for that John Hewson. You couldn't even tell us how the GST on a birthday cake worked and you gave Prime Minister Keating (at that time) another three years in the 1993 election. That extra three years was more damaging to the economy and my investments than any possible effects of climate change.
So no investments in industries that use energy or raw materials from the earth. Might be time to put money in wind chime futures.
Too bad you won't be around to see if this is right or wrong. I'm betting you will be way off the mark anyway, or corporations will have adapted.
You should be careful about making predictions that you can't back up for sure.
I think your right on the mark! The climate bubble is looming and the Australian Governments leadership or lack there of on the matter is very concerning. The research is out by the scientists if we do not make enormous changes to the level of fossil fuels we burn right now then we are going to destroy our planet. Climate Change is upon us and people are already losing their homes as a result.
The economists have also shared their research that if had act 10 or 20 years the fallout would have cost us less. The longer we wait the more it costs financially and environmentally (by environmentally I mean having a comfortable way of life).
The rest of the world has begun acting on climate change, the divestment movement has started in Australia. We rely on overseas markets to buying our fossil fuels if we cannot sell them and we have not planned for this, Australia will just be one big Kodak moment.