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In an Australian Conservation Foundation report scoring the big banks on net-zero targets, the former NAB chairman said lenders should not be passive actors.
The Australian Sustainable Finance Institute has appointed Guy Debelle, former RBA deputy governor, to lead its newly formed expert group as the sustainable finance taxonomy progresses.
Proponents of state support for upstream minerals processing and battery manufacturing say the Productivity Commission is being “naive” about the real world.
The Productivity Commission has warned the Albanese government against pouring billions of dollars into picking winners, including local battery manufacturing.
Philip Lowe has been replaced as Reserve Bank of Australia governor. Michele Bullock his deputy is his replacement.