Australian Retirement Trust (ART), the country's second-largest pension fund that manages over A$280 billion worth of savings, has announced plans to stop directly investing in most thermal coal companies from July, according to a statement last week. This makes ART the largest super fund in the country to exclude thermal coal.
Australian Retirement Trust will add an exclusion of direct investment in Australian and int...

Australian firms tend to distribute a larger share of their earnings as dividends, resulting in higher yields compared to many overseas markets. This propensity is partly because many of the companies listed on the Australian Securities Exchange (ASX) are in mature industries such as banking, mining, and utilities. These sectors are known for their consistent profitability and cash flow, leading companies within these fields to favo...

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