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Macquarie bank heeds Wide Bay climate call

Summary by Noosa Today

Macquarie has reportedly become the first big Australian banking group to bail out of net-zero climate lending policies, after a trans-Tasman call backed by Wide Bay MP Llew O’Brien. Mr O’Brien joined New Zealand ministers and seven other Australian Coalition MPs, including Queensland senator Matt Canavan, calling on Aussie banks to quit the United Nations-backed Net Zero Banking Alliance. This followed Donald Trump’s withdrawal of the USA from …

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Macquarie bank heeds Wide Bay climate call

Macquarie has reportedly become the first big Australian banking group to bail out of net-zero climate lending policies, after a trans-Tasman call backed by Wide Bay MP Llew O’Brien. Mr O’Brien joined New Zealand ministers and seven other Australian Coalition MPs, including Queensland senator Matt Canavan, calling on Aussie banks to quit the United Nations-backed Net Zero Banking Alliance. This followed Donald Trump’s withdrawal of the USA from …

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Noosa Today broke the news in 2 days ago on Thursday, February 20, 2025.

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