Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 161 - 170 of 1063 results for "coal"

YFYS on its way to Senate

KANIKA SOOD  |  FRIDAY, 4 JUN 2021
The House of Representatives passed hotly-debated Your Future, Your Super bill last night, with Labor getting away with just one of the amendments on its wish list. Best Financial Interest Duty's proposal to give ministers the power to ban superannuation ...

Court says minister has 'duty of care' in coal investment

ELIZABETH MCARTHUR  |  FRIDAY, 28 MAY 2021
... against Environment Minister Sussan Ley in September 2020. The students alleged that approving a major extension to the Vickery coal mine in northern New South Wales would breach the minister's duty. The court ruled that the minister does have a duty ...

Weeding out net zero fakers

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 MAY 2021
... that all the ASX companies that tested themselves against a low carbon future scenario said they would perform well, even coal companies. This, Barnes suggested, could be proof downside is not being considered seriously enough by some companies. "ACSI ...

More flexibility for retirees

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
The government has introduced more flexibility for older Australians by abolishing the work test, extending access to downsizer contributions and improving the Pension Loan Scheme. From 1 July 2022, those aged between 67-years-old and 74-years-old will ...

Commissions likely to stay: Hume

KARREN VERGARA  |  THURSDAY, 22 APR 2021
The coalition has hinted that it will not eradicate commissions paid on life insurance products, acknowledging that financial advisers' bottom line has struggled since the introduction of the Life Insurance Framework reforms. While the government's ...

Rest launches low-cost SRI option

JAMIE WILLIAMSON  |  TUESDAY, 20 APR 2021
... reserves, derive revenue from oil or gas exploration, production and related activities, have power generated from thermal coal, oil and gas, or lease, mine or process coal and coke are also excluded. Development of the option follows the landmark Federal ...

WTW head of strategic advisory resigns

KARREN VERGARA  |  WEDNESDAY, 14 APR 2021
A long-serving Willis Towers Watson executive has left after more than 12 years with the firm. Head of strategic advisory for investments Jessica Melville confirmed that she has resigned from WTW. Her most recent responsibilities were advising asset ...

"Financial" in BFID is no big deal: Academic

KANIKA SOOD  |  WEDNESDAY, 7 APR 2021
... "financial", Donald said. When asked by the committee if the legislation gave the Treasurer room to stop a fund from investing in coal or windfarms, Donald said it was hard to tell without seeing the legislation. "Without seeing the regulation, I would ...

Pensions for Purpose eyes Australia

KANIKA SOOD  |  WEDNESDAY, 7 APR 2021
The ESG-focused think tank has appointed an Australian distributor. It is looking to expand into Australia via a partnership with Melbourne third-party distributor AFM Investment Partners. AFM's founder and managing director John Donovan will join Pensions ...

Sunsuper, QSuper members ask for better climate disclosures

KANIKA SOOD  |  TUESDAY, 6 APR 2021
About 200 members from Sunsuper and QSuper have written to the funds, asking them to disclose holdings in thermal coal, among other climate change risks. The two funds are set to merge this year, creating a $200 billon fund with over 600,000 members. ...