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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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AUTHOR

Annie Kane is the managing editor of Momentum's mortgage broking title, The Adviser.

As well as leading the editorial strategy, Annie writes news and features about the Australian broking industry, the mortgage market, financial regulation, fintechs and the wider lending landscape.

She is also the host of the Elite Broker, New Broker, Mortgage & Finance Leader, Women in Finance and In Focus podcasts and The Adviser Live webcasts. 

Annie regularly emcees industry events and awards, such as the Better Business Summit, the Women in Finance Summit as well as other industry events.

Prior to joining The Adviser in 2016, Annie wrote for The Guardian Australia and had a speciality in sustainability.

She has also had her work published in several leading consumer titles, including Elle (Australia) magazine, BBC Music, BBC History and Homes & Antiques magazines.  

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