Australian Retirement Trust (ART), the country's second-largest pension fund that manages over A$280 billion worth of savings, has announced plans to stop directly investing in most thermal coal companies from July, according to a statement last week. This makes ART the largest super fund in the country to exclude thermal coal. Australian Retirement Trust will add an exclusion of direct investment in Australian and int...
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Australian firms tend to distribute a larger share of their earnings as dividends, resulting in higher yields compared to many overseas markets. This propensity is partly because many of the companies listed on the Australian Securities Exchange (ASX) are in mature industries such as banking, mining, and utilities. These sectors are known for their consistent profitability and cash flow, leading companies within these fields to favo...
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G'day, mooers! Check out the latest news on today's stock market! • US stocks tried to bounce • Australian shares opened higher on Monday, ASX 200 up 0.15 per cent • Stocks to watch: Link, Lake Resources, Origin Energy, Regional Express - moomoo News AU Wall Street Summary US stocks slumped as a profit warning from FedEx compounded doubts about the health of the global economy ahead of a Federal Reserve...
tessie : whhaaaah coal is bad whhaaaah.
151345481 : Energy is rising and coal is falling. What's the logic?