Vanguard faces fine for greenwashing ‘ethical’ fund
Investment firm could have to pay fines amounting to all, or most, of it's annual profits after misleading consumers by promoting an "ethical" investment fund.
investments
Wanted: funds to pollinate climate, nature start-ups
Investors are being tapped for funding for early-stage companies tackling the climate crisis, the energy transition, new foods and cleaner industry.
Domestic violence surge sparks major funding boost
Family and domestic violence is rising in Queensland where the state government is directing millions of extra dollars towards frontline response and support.
abusive behaviour
banking
children
computing and information technology
consumers
economy, business and finance
human rights
insurance
investments
politics
professional - women general
science (general)
technology (general)
Commissioner warns of ‘tech wreck’ from unchecked abuse
As Australia races to retrofit laws for generative artificial intelligence, the nation's eSafety commissioner says investigators face real-life harms every day.
Warrant for hedge-fund fraudster after sentence no-show
Kenneth Charles Grace is wanted for arrest after failing to appear in court over his role in a fund that collapsed, leaving $24 million unaccounted for.
Investment fund conman found dead on day of sentencing
Kenneth Charles Grace has been found dead on the same day he was due to learn his fate for siphoning millions of dollars from clients into his own bank account.
‘Crypto Christmas’ – Aussie Bitcoiners cheer US ETFs
Many Australian cryptocurrency enthusiasts are cheering after the US securities regulator approved 11 exchanged-traded Bitcoin funds in a landmark decision.
Tax hikes for foreigners investing in Australian homes
Australia will hike taxes and fees for foreign investors who buy existing houses and leave them empty in a bid to address housing stocks.
budgets and budgeting
defence
economic policy
housing and urban planning
indigenous people
investments
politics
social issue
Hints of cooling inflation as next rates call looms
Aggressive interest rate hikes are working to slow the economy, timely measures of price movements and the jobs market suggest.
Caddick’s husband gives up fight for fraudster’s goods
The husband of deceased fraudster Melissa Caddick will walk away with a handful of luxury goods with other items to be sold and funds returned to investors.
Mental health spiral behind ‘hare-brained’ $395m fraud
Demetrios Charisiou has admitted a $395 million investment fraud involving NDIS-supported housing, claiming he was in a manic state during the offending.
Fibre up Qld: internet upgrades for more than 500,000
Faster and more reliable internet speeds are part of a federal government upgrade package for southeast Queensland residents .
consumers
economy, business and finance
electricity production and distribution
energy
environmental issue
investments
natural gas
oil and gas - downstream activities
politics
Call for energy investors to make most of ‘golden age’
Energy investors have been urged to take advantage of Australia's golden age in climate policy, with "crazy, science-denying" naysayers waiting in the wings.
Giant Leap for climate tech despite economic slowdown
Climate technology is surviving the venture capital downturn as more consumers and businesses think about what will shrink their carbon footprint.
Super fund hauled before court over greenwashing claims
Australia's corporate watchdog has taken the unprecedented step of launching court action against Mercer Superannuation over alleged investment greenwashing.
Post-pandemic bounce temporary as rate rises threaten
Generous incentives have supported business investment in recent years but further interest rate rises could "unnecessarily" tip Australia into recession.
Greens threaten to derail emissions clamp
Labor's plan to reduce the ceiling on carbon emissions for some big companies doesn't go far enough, the Greens say.
Climate for ‘great reallocation’: Deloitte
Without a 'great reallocation' of investment by governments and industry, starting now, Australia could be at risk of hefty economic losses by 2050.
breaking_news
coal
economy, business and finance
energy
environmental issue
investments
natural gas
politics
Experts reject ‘reheated’ energy blueprint
A 'reheated' proposal by regulators to pay coal plants and renewable generators to guarantee supply to the struggling electricity grid has come under fire.
Stoush over carbon credit ‘fraud’ heats up
A whistleblower is doubling down on criticism of carbon credits as a "fraud" on the environment and taxpayers, despite a review rejecting his accusations.
Brewery says cheers to carbon-neutral beer
Australia's first carbon-neutral certified, alcohol-free beer adds a new element to ales that a brewer hopes customers will savour.
Carbon-sucking mud lures climate investors
Blue carbon projects could provide a win for Traditional Owners, biodiversity and corporates who need to satisfy climate-savvy customers and offset emissions.
Economy in strong position: Frydenberg
The Australian economy grew by 3.4 per cent in the December quarter, rebounding from a 1.9 per cent contraction three months earlier.
Bonds spread from green to social impact
There is a growing appetite for finance linked to social impact, not just assets that are green, and bankers are gearing up.