Cate Q
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Cate Q
@cateq.bsky.social
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Parent / Grandparent / Environmental Activist / Hotelier
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Reposted by Cate Q
meckeringboy.bsky.social
www.crikey.com.au/2025/11/12/g...
A state funeral for rotten Richardson says a lot about this Labor government — and what it should be doing instead
Instead of giving the grub Graham Richardson a state funeral, the government should be exploring ways to ensure we never see his like again in politics.
www.crikey.com.au
November 12, 2025 at 3:32 AM
Reposted by Cate Q
marketforces.org.au
CommBank introduced this policy last year, and has reduced lending exposure to upstream oil and gas companies by 75% since 2022.

NAB’s total financing of fossil fuel majors has also fallen, from 43% of all big four bank financing in 2021 to just 9% as of September 2025.
November 11, 2025 at 11:24 PM
Reposted by Cate Q
marketforces.org.au
But a new trend has emerged: #Westpac and #ANZ now stand out as Australia’s fossil fuel banks, making up over 80% of all lending from the big four banks to major fossil fuel companies since 2024 – while #CommBank and #NAB have been cutting ties.
Lending by the big four banks to fossil fuel majors 2016-2021 vs 2024-2025. ANZ and Westpac now make up 80% of total lending in 2025.
November 11, 2025 at 11:24 PM
Reposted by Cate Q
marketforces.org.au
In the decade since the Paris Agreement the big four have provided AU $43 billion – that's $43,400,000,000 – to the world’s biggest coal, oil and gas companies,

More than two thirds of this sum – over $30 billion – has gone to fossil fuel expansion.
Black image with orange photo of fossil fuels and text that reads: $43,400,000,000 That's how much finance the big four banks have provided to major fossil fuel clients in the last 10 years
November 11, 2025 at 11:24 PM