FS Sustainability

SEC to ditch climate disclosure rules

KARREN VERGARA   The Securities and Exchange Commission (SEC) proposes to scrap climate-related disclosure rules, saying they exceed its legal authority and impose unnecessary burdens on companies.

Podcast: The appeal of the HALO trade

THE GREENER WAY   What is the HALO trade, and why are asset-heavy companies suddenly attracting investor attention in the age of AI and decarbonisation?

Government unveils $47bn national housing overhaul

VINNY VUCAGO   The federal government has unveiled a sweeping $47 billion housing strategy aimed at tackling Australia's worsening affordability crisis, lifting housing supply and reshaping the country's rental, tax and social housing settings over the long term.

Federated Hermes launches ESG-led global equity fund

VINNY VUCAGO   Federated Hermes has expanded its Australian wholesale offering with the launch of the Federated Hermes Global Equity Fund, as investor demand for globally diversified strategies with integrated ESG considerations continue to grow.

ART to employ more First Nations members into its workforce

MATTHEW WAI   Australian Retirement Trust has launched its second Innovate Reconciliation Action Plan, highlighting initiatives the super fund will complete by the end of 2028, including setting up a First Nations workforce target.

Climate reporting finally compares apples to apples: ASIC

RIDDHIMA TALWANI   ASIC commissioner Kate O'Rourke says the mandatory climate reporting introduced this year will help investors for the first time and provide a baseline for comparability and consistency on climate-related financial disclosures.

Wesfarmers partners for affordable housing venture

VINNY VUCAGO   Built Group and Wesfarmers have formed a 50:50 joint venture aimed at accelerating housing delivery through industrial-scale manufacturing, as Australia grapples with persistent supply shortages.

Greenpeace settles Woodside lawsuit

MATTHEW WAI   Greenpeace Australia Pacific has settled a lawsuit against ASX-listed Woodside Energy over alleged misrepresentation of its emission reductions targets.

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

RIDDHIMA TALWANI   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   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.

Munro expands access to climate focused fund

VINNY VUCAGO   The Munro Global Growth Climate Leaders PIE Fund has been opened to retail investors in New Zealand.

QIC seeks proposals for $200m energy fund

MATTHEW WAI   QIC is seeking proposals for the Queensland government's $200 million North West Energy Fund in delivering energy solutions and economic development opportunities across the region.

LGT taps sustainable investing specialist

VINNY VUCAGO   LGT Wealth Management has strengthened its sustainable investing capabilities with the appointment of former Wellington Management director Tessa Volkmer as head of sustainable investment, as demand for climate aware and impact focused portfolio strategies continues to grow among high-net-worth investors.

Rabobank names global chief sustainability officer

KARREN VERGARA   Rabobank has promoted a long serving leader to the executive role of chief sustainability officer.