Good morning, The boss of one of the nation’s largest superannuation funds says Australia must move “very quickly” in the coming five years if it is to meet its 2030 green targets, with super returns under threat if the climate transition fails to accelerate. The government’s centrepiece policy of using taxpayer funds to underwrite the development of 32GW of new renewable energy generation and storage will lure a plethora of proposals but threatens to slow the rollout of much-needed developments, industry officials have warned. AMP chief executive Alexis George says more work needs to be done on measuring the impact of first home buyers accessing their super savings before any decision is made on unlocking nest eggs. |