Banks, insurance companies to face ‘stress test’ on climate change | Sky News Australia

Australia News News

Banks, insurance companies to face ‘stress test’ on climate change | Sky News Australia
Australia Latest News,Australia Headlines
  • 📰 SkyNewsAust
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 78%

Australia's biggest banks and insurance companies will face a 'stress test' on climate change.

The best award winning journalists with unique and exclusive insights. News you can trust, opinions you can't ignore.Warning - assets failed to load. Application may not work as expected.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

SkyNewsAust /  🏆 7. in AU

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Connection between climate change and bushfires is 'absurd' | Sky News AustraliaConnection between climate change and bushfires is 'absurd' | Sky News AustraliaProtesters outside Kirribilli House do not have the right to set up a “shanty town” in the name of a “peaceful protest,” says Director of Policy at the Institute of Public Affairs Gideon Rozner. \n\nWith Prime Minister Scott Morrison reportedly out of the country this week, protests have sparked outside his Sydney residence calling for action on the 'climate crisis'. \n\nThese protests occurred days after a group of former fire chiefs accused the Morrison government of being 'asleep at the wheel' when it comes to the bushfire crisis plaguing Australia.\n\nFellow panelist and Sky News host Rita Panahi said the claims of the group are “patently absurd” and added you don't need coal fired power plants 'for a fire to occur'. \n\n“To make that connection is absurd”.\n\nMs Panahi also added she believed Mr Morrison is “entitled to take a week off”.\n\nImage: Getty\n
Read more »

Climate protesters target Kirribilli House | Sky News AustraliaClimate protesters target Kirribilli House | Sky News AustraliaClimate protesters have crashed an event by the Acting Prime Minister, as the government continues to face heat over its response to the bushfires.\n\nMichael McCormack, who is in the top job while Scott Morrison is on a holiday, has acknowledged climate change is making life tough for farmers. \n\nThe School Strike for the Climate group claimed the prime minister was not showing enough leadership when it came to climate change. \n\nThe activist group will converge on Kirribilli House at 8:30am on Thursday. \n\nImage: Getty
Read more »

Man to face court over double stabbing in Sydney's south-west | Sky News AustraliaMan to face court over double stabbing in Sydney's south-west | Sky News AustraliaA man has been charged with two counts of murder after a fatal double stabbing in Sydney’s south-west. \n\nEmergency services were called to the scene on Tuesday afternoon where they found a man and a woman suffering from serious stab wounds. \n\nThe man died at the scene while the woman was taken to hospital, where she died a short time later. \n\nBoth victims are yet to be formally identified. \n\nA 34-year-old suspect has been refused bail to appear in court on Friday.
Read more »

Former fire chiefs running ‘a political and environmental campaign’ | Sky News AustraliaFormer fire chiefs running ‘a political and environmental campaign’ | Sky News AustraliaSky News host Chris Kenny says a group of former fire chiefs calling for climate change action are running a “political and environmental campaign”.\n\n“Blaming the wildfire problem on climate change is a cop-out by fire chiefs who have, and are, presiding over a disastrous period of bushfire and public land mismanagement in Australia,” he said.\n\n“Public money which could have been spent on making communities safer and more bushfire-resilient, will be wasted on projects that will have no bushfire benefits in the foreseeable future.” \n\nMr Kenny said the group had 'raised the ire' of some volunteer firefighters since the campaign was launched. \n\nImage: News Corp Australia
Read more »

Australia needs to stop 'forcing' renewables or industries will flee 'unreliable' market | Sky News AustraliaAustralia needs to stop 'forcing' renewables or industries will flee 'unreliable' market | Sky News AustraliaThe Courier-Mail’s Renee Viellaris says Australia will 'still have a fire season” if all of the nation's coal fire generators are “shut down today'. \n\nMs Viellaris told Sky News that heavy industries such as Queensland’s aluminium factories “cannot operate” on renewables.\n\nShe also said industries “will go overseas” if Australia continues to “force” renewables upon them.\n\nIf Australia doesn’t export Queensland’s “very good” thermal coal, China and India will “get it from Indonesia”, said Ms Viellaris.\n\nMs Viellaris said that would result in an even worse 'environmental outcome”.\n\nImage: News Corp Australia
Read more »



Render Time: 2025-03-19 18:02:10