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Reserve Bank deputy governor Guy Debelle says the cost of emissions-intensive Australian businesses is already climbing due to global action on climate change.
Reserve Bank deputy governor Guy Debelle says the cost of emissions-intensive Australian businesses is already climbing due to global action on climate change.
Australian shares higher; Redbubble falls after profits slip; China producer pricing index spikes; Orica’s net zero 2050 plan.
Australian shares are poised to rise with the Nasdaq and S&P 500 looking through higher US consumer prices.
RBA deputy governor Guy Debelle says other countries are adopting net zero policies, increasing the cost of emissions-intensive activities in Australia