HESTA has confirmed it will vote against the AGL demerger having judged that “it will not adequately support economy-wide decarbonisation”. Battle lines have been drawn ahead of AGL Energy’s sc
The industry fund will not back the proposed demerger, saying it will not adequately support decarbonisation efforts and therefore wouldn t serve its members best interests.
Monetary policy’s goals of increased investment and economic activity are losing out to asset price inflation, acquisitions, and demand for share buybacks.