Markets

After discovering they’ve been funding climate change, 10,000 Australian academics are demanding UniSuper divest from fossil fuels

Revelations that UniSuper, Australia’s default fund for university staff, has billions invested in fossil fuel companies has roiled members. More than 10,000 of them have now signed a petition demanding the fund divest. Market Forces, which circulated the petition, said “instead of paying lip-service, UniSuper can and must be at […]
After discovering they’ve been funding climate change, 10,000 Australian academics are demanding UniSuper divest from fossil fuels
Markets

‘Absolutely hypocritical’: Four of Australia’s biggest super funds say they stand for climate action, but often vote against it

Four big Australian super funds have had their record on climate action slammed, with new data revealing they remain heavily invested in fossil fuels. AustralianSuper, UniSuper, Hostplus, and HESTA control around $360 billion of the reitrement savings for more than 4.5 million Australians. While they maintain they wield their stakes […]
‘Absolutely hypocritical’: Four of Australia’s biggest super funds say they stand for climate action, but often vote against it
News

Scott Morrison told the mining lobby he wants to put a stop to ‘indulgent and selfish’ business boycotts of coal

The Prime Minister has revealed he and the Attorney-General are looking to outlaw “indulgent and selfish practices” that threaten the mining sector and other environmentally-damaging industries. In a speech to the Queensland Resources Council, Morrison launched a scathing attack on ‘radical activism’ heaping pressure on coal miners in particular. Above […]
Scott Morrison told the mining lobby he wants to put a stop to ‘indulgent and selfish’ business boycotts of coal