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Australia Settles Lawsuit Over Climate-Related Systemic Risks to Sovereign Bonds
Aug 31 2023 // The Australian government has agreed to settle a class action lawsuit which alleged it had failed to disclose climate change-related risks to investors in the country’s sovereign bonds, court filings showed. The...
El Niño Likely to Develop Between Sept and Nov, Australian Weather Bureau Says
Aug 29 2023 // Australia’s weather bureau said on Tuesday that sea surface temperatures in the tropical Pacific were rising and an El Niño weather event, which typically brings hotter, drier weather, would likely develop between...
El Niño Expected Between September and November: Australian Weather Bureau
Aug 15 2023 // Australia’s weather bureau said on Tuesday the El Niño weather event, associated with hotter, drier weather, was likely to hit during the southern hemisphere spring, between September and November. El Niño,...
Australia’s Climate Risks Are Making Home Insurance Unaffordable
Aug 14 2023 // Australian home insurance premiums jumped the most in two decades in the past year, driven by weather catastrophes and higher building costs, new research showed. Median home insurance premiums surged 28% to A$1,894...
Australia Cracks Down on Promoters of Dodgy Tax Schemes After PwC Leak Scandal
Aug 7 2023 // Australia will drastically toughen penalties against promoters of dodgy tax schemes and beef up regulatory powers under reforms announced on Sunday in response to a scandal over the use of leaked fiscal plans by PwC...
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