A look at what’s been happening in the sustainable finance market in Australia and abroad.
Microsoft ANZ recently published a report on how large Australian organisations are tracking towards net zero. As part of this report, NAB Group Executive, Corporate and Institutional Bank David Gall sat down with Microsoft ANZ Sustainability Director, Brett Shoemaker to discuss how we’re progressing against our own targets.
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Sustainable Finance market overview: October 2022
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Yesterday 25bps RBA cash rate rise, defied the broad consensus among economists and investors (~45bps was priced in for the meeting) but which was justified by the Board in part on the premise that “the cash rate has been increased substantially in a short period of time”.
The AUD/USD high of 0.6916 came on the 13th and the low of 0.6363 on the 29th (last day of the month).
A surprise U-turn by the UK government on the fiscal package and a weaker than expected US ISM Manufacturing (50.9 vs. 52.0 expected) have driven a large fall in global yields.
US equites fall on Friday to close out a 3rd consecutive negative quarter
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