Money

Australian businesses are facing a climate shift

Published

3 months ago

February 1, 2024

ticker NEWS

Australian Accounting Standards Board unveils sweeping changes for business reporting.

The Australian Accounting Standards Board (AASB) has released an exposure draft that focuses on business sustainability.

The draft evolves reporting and financial disclosure requirements, mandating companies to divulge environmental, social, as well as and governance (ESG) factors.

This development aligns with global trends, emphasising ethical and sustainable business practices, and aims to bolster investor confidence and corporate accountability.

This move mirrors initiatives in the European Union and the United States, emphasising the need for standardised reporting frameworks.

The interconnected nature of the global economy highlights the importance of consistent cross-border comparisons in environmental and financial disclosure.

Michael Cox & Lisa Zembrodt from Schneider Electric share their professional insights.

Related Topics:Business money Sustainability

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Why the meme-stock frenzy is unlikely to repeat

Published

6 hours ago

May 14, 2024

Nathan Langridge

GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

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Why are airlines after the Biden Administration?

Published

10 hours ago

May 14, 2024

Nathan Langridge

Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

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The mounting pressure on Government spends

Published

1 day ago

May 13, 2024

ticker NEWS

Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending