QIC
Mandatory climate reporting puts business in the hot seat
Long-anticipated mandatory climate reporting for corporate Australia took a step closer to reality in January as the Australian government published its draft legislation for the forthcoming regime. Industry experts speak to KangaNews about what it means for businesses – and who will be ready for the task.
Australasian energy transition from generator to user
Energy transition will affect every nation, business and individual, and the scale of the task – and the resulting upheaval – is only now starting to become a stark reality. Fitch Ratings and KangaNews gathered Australian and New Zealand capital market participants representing the full power supply chain and the buy side to discuss with Fitch’s analysts what is coming down the pike.
Everything, all together, all the time
New Zealand is well ahead of the game when it comes to net zero transition in power generation, but many other sectors of its economy still have a long way to go to establish long-term sustainable foundations. Recent climate events, meanwhile, make it very clear that the time for delay has long passed. Speakers at the KangaNews-Westpac New Zealand Sustainable Finance Summit, which took place in Auckland in November, discussed the critical issues in the context of making sure the next step is action rather than fatigue.
2023 in review: SSA Kangaroos happy to supply demand boom
Changing market conditions caused the supranational, sovereign and agency sector to supply more volume to the Australian dollar market in 2023 than it ever has before. Despite typical seasonal issuance patterns, demand remained robust throughout the year – including for newer names – and raised expectations for the sector’s development in 2024.
Strategy and sustainability on the leading edge of investment approach
QIC has established a reputation as a leader in Australian sustainable investment, as well as for its wide-ranging and innovative strategic approach across asset classes. Female leaders from across the QIC business met with KangaNews at a roundtable in Brisbane in November, to discuss the macroeconomic and geopolitical inflection point – and the asset allocation response – as well as the mounting scale and urgency of the sustainable transition task.
Energising Australia's transition task
Financing energy transition is the greatest challenge global capital markets have dealt with in generations. Australia – which is more or less universally accepted to have fallen behind the pace before recent policy progress – faces a bigger task than most. But Australia is resourceful in more ways than one, and participants at a KangaNews-RBC Capital Markets roundtable, which took place in Sydney in October, believe the challenge goes hand-in-hand with opportunity.
