Bank bosses warn on net zero transition

Bank bosses warn on net zero transition | 7NEWS

Bank executives from ANZ and NAB have warned the Albanese government about the pace of Australia’s net zero energy transition, with ANZ CEO Nuno Matos stating that moving too quickly could harm the economy. The comments came during a parliamentary review of the big four banks, as energy costs have risen 40 per cent over three years and political debate intensifies over renewable energy policy. Credit to : 7NEWS Australia