15 Sep COMPANIES STRUGGLING TO MEET CLIMATE COMMITMENTS; SUPER RICH AUSSIES HIDING THEIR RICHES
COMPANIES STRUGGLING TO MEET CLIMATE COMMITMENTS
Australian companies are struggling to achieve their carbon emission reduction commitments, raising concerns about the country’s ability to reach its 2030 climate targets.
A survey commissioned by Viridios Capital of 200 companies across the manufacturing, construction, agriculture, transport, logistics and professional services sectors found 35 per cent were struggling to meet their own carbon reduction targets.
The survey found 67 per cent of companies believe Australia’s emissions policy is “heading in the right direction”. Viridios CEO Eddie Listorti said, “despite Australia’s best efforts to decarbonise, carbon credits will be necessary if we are to achieve our climate targets.”
SUPER RICH AUSSIES HIDING THEIR RICHES
Many wealthy Australians are hiding their fortunes not only from the tax office but also their families and friends.
A report by the Private Wealth Network – a membership community for individuals or families of significant wealth (yes, it’s a thing) – found that nearly 71 per cent of Australian family offices tried to conceal their wealth, with 52 per cent stating their wealth affected their friendships and 61 per cent said it impacted their ties to family members.
Respondents stated numerous reasons for staying under the radar, including their wealth’s effect on their children, security reasons, and the desire to “live a more normal life and mix more freely”.
APPLE SPRINGS SEVERAL LEAKS
Apple struggled to plug multiple leaks of details of its new iPhone 15 and Apple Watch before their official release during the week, with numerous photos being circulated on the internet in the weeks prior. Not surprising given the tech company has 3 million people working across its supply chain in 50 countries.
One problem for Apple is that these leaks slow sales in current models, according to an ABC news report. Seems Apple will need to boost the workforce of sleuths and private investigators it already employs around the world to hunt down any future leaks.
A DOOMSCROLLING SPICY COUGH BARBIECORE
Are you suffering from a “spicy cough” but need to attend your friend’s “Barbiecore” themed party with the “bachelor’s handbag” you just bought from Woolies?
If you didn’t understand that question, don’t worry! These interesting phrases are among the 3,000 new entries in the latest update to the Macquarie Dictionary.
Some of Cannings’ favourite additions include spicy cough (a phrase used to refer to COVID-19), Barbiecore (a fashion characterised by an all-pink-colour palette), bachelor’s handbag (a supermarket roast chicken in a plastic bag), and doomscrolling (the action of continuing to read newsfeeds online, even though the news is predominantly negative).
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