Business
‘Sheer virtue signalling’: ANZ carbon policy riles Nationals – Sydney Morning Herald
Senior Nationals politicians say ANZ’s push for its 100 largest carbon-polluting customers to reduce emissions is virtue signalling, warning the bank it is not…
“We can’t let unelected, profit-driven financiers from Pitt Street dictate to society how to produce food and fibre or how we run our economy.”
Deputy Prime Minister Michael McCormack said a bank forcing industry to report their emissions was “sheer virtue signalling”.
“The banking sector’s entire focus should be on supporting our agricultural producers, not adding an extra layer of administration,” Mr McCormack said. “Transport, fertiliser and fuel companies snared by these new rules could have…
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