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Thinking green - Why demand for green loans is rising

by Annie Kane8 minute read
Thinking green - Why demand for green loans is rising

The 2022 federal election was coined by many as the “climate election” as Australians took the polls to vent their anger at an apparent lack of action being taken to address the country’s shifting climate following two years of floods, fires and drought. It’s perhaps no wonder then, that more borrowers than ever are opting for green loans to finance a greener way of life. Annie Kane takes a look at some of the finance products in market for those thinking green

When Australians took to the polls for the federal election on 21 May, there were two clear messages that voters wanted to send: do more for women, do more on climate. The Labor win, which some have described as a “greenslide”, came after Prime Minister Anthony Albanese’s party promised to do more to tackle climate change and help address some of the core problems that are contributing to devastation across the continent.

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