The Labor government and the Greens have finally agreed to pass the Housing Australia Future Fund (HAFF) bill. But how much will go to housing, and how much to fund managers, Harry Chemay asks?
Source: From Main Street to Wall Street: is the HAFF housing scheme a gift to the money men? – Michael West
Scott Morrison regularly declared “Thats Not My Job ”
When oil prices plummeted during the pandemic, fossil fuel companies made vague efforts to invest in clean energy. Now pulling in bumper profits, Big Oil is discarding those initiatives to maintain their business model: capital over climate.
This week, several of the largest companies that profit from Australia’s carbon market called for changes to the system. They said the rules that govern the issuing of carbon credits to some projects were too lax and the market’s integrity should be improved.
Source: ‘Untenable’: even companies profiting from Australia’s carbon market say the system must change
Housing Crashes Stocks Boom, Stocks Crash Housing Booms, Swings and Merry-go-Rounds how to stop them taking your money (ODT)
Despite a backdrop of troubling economic signals, the nation’s benchmark S&P/ASX 200 Index rallied almost 10 per cent in the first quarter — its best-ever performance to begin a year in data going back almost three decades. Strong commodity prices and promises of easy monetary policy from central banks are working in the gauge’s favour even as Australia’s property slump deepens and its economy continues to wane.
via ‘Defied all odds’: Australia’s sharemarket continues to shock
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