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Trash may be a multi-billion dollar investment in Aussie Green Push

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Australia’s green bank has revealed the opportunities that await for the nation’s recycling industry

A new report into the recycling industry in Australia has detailed that the opportunities that await the country in the recycled-manufacturing sector are massive and worth billions of dollars.

A report by the government-backed Clean Energy Finance Corporation states Australia holds an investment opportunity of around $6 billion Aussie dollars.

The possible investment will be to boost the country’s capacity in waste recycling and biomass energy over the next five years which could reduce emissions from landfills by as much as 60%.

Years ago, China started getting tough on the recycling materials that Australia and other parts of the world were sending – claiming much of it was contaminated – making it dirty trash.

Why Australia must rely on itself to recycle

Right Now, leading experts say the recycling industry in Australia needs an overhaul, with tonnes of material being treated as waste and sent to landfill – all due to the fact that the nation doesn’t have the capacity to manufacture or turn our trash into something new.

Adding to that, that we can no longer send to china – it’s a dirty crisis.

Meanwhile, the report also found that the sector, which has been slow to gain traction in Australia could also contribute significantly to economic growth…adding thousands of jobs in struggling regional areas.

Anthony Lucas is reporter, presenter and social media producer with ticker News. Anthony holds a Bachelor of Professional Communication, with a major in Journalism from RMIT University as well as a Diploma of Arts and Entertainment journalism from Collarts. He’s previously worked for 9 News, ONE FM Radio and Southern Cross Austerio’s Hit Radio Network. 

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Money

Gen Z’s financial boom living with parents comes with baggage

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In an era marked by sky-high housing costs, many members of Generation Z are refusing to leave home.

While this arrangement offers financial relief in the form of reduced rent, the hidden costs, both emotional and financial, are beginning to surface.

Business Insider, in an analysis of recent surveys and personal accounts, reveals that Gen Z, defined as those born after 1996 by the Pew Research Center, faces less societal stigma for living at home than previous generations, particularly millennials.

However, this lack of criticism comes with its own set of challenges that can impact young adults in profound ways.

Financial benefits

While the prospect of saving money by living with family may seem appealing, the reality is often more complicated.

Beyond the social limitations, research indicates that living at home may have adverse effects on mental health.

Studies have shown a correlation between returning to the parental home and increased depressive symptoms, as well as heightened familial tensions.

These emotional tolls can outweigh the financial benefits, casting doubt on the long-term sustainability of the arrangement.

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Money

How will Disney’s AI strategy boost shares?

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Activist investor Blackwells has called upon Disney to implement a robust artificial intelligence strategy aimed at bolstering the company’s shares.

“Disney must produce an artificial intelligence strategy, and share elements of that strategy with its shareholders.”, said Blackwells in a recent presentation.

New groove

Blackwells, known for pushing corporations to adopt innovative approaches, contends that a well-crafted AI strategy could drive shareholder value and position Disney for sustained success in the entertainment landscape.

The activist investor emphasises that harnessing the power of AI could optimise content creation, enhance customer experiences, and streamline operational efficiency within Disney.

Disney’s response

The company opposed the suggestion to replace board members with activists’ nominees, emphasising the potential disruption to ongoing progress.

Additionally, Disney disagreed with Blackwells’ proposal to spin off land and hotels into a real estate investment trust, arguing it reflected a misunderstanding of the synergies within its businesses.

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Money

Boeing woes will lead to higher airfares: Ryanair

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Ryanair, one of Europe’s leading low-cost airlines, is grappling with the possibility of scaling back its summer flight schedule due to ongoing delays in the delivery of Boeing aircraft.

The airline had initially anticipated a boost in its fleet with the arrival of new Boeing planes, enabling an expansion of routes and increased passenger capacity.

However, prolonged delays in the manufacturing and delivery process have cast a shadow over these plans.

Growing pains

The airline industry, already navigating challenges posed by the global pandemic, now confronts the additional hurdle of supply chain disruptions impacting major aircraft manufacturers.

Ryanair’s dependence on Boeing for its fleet expansion has made it particularly vulnerable to these delays.

As the summer travel season approaches, the airline faces the tough decision of either operating with a reduced fleet or adjusting its schedule, potentially impacting travel plans for passengers.

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