The $52 billion HESTA industry super fund has ended investments in thermal coal, and will offload fossil fuels over the next decade to meet a zero net emissions target by 2050.
Chief executive Debby Blakey told ABC's Peter Ryan says the fund will gradually divest fossil fuel to sideline potentially "stranded assets" as renewables sources accelerate.
Ms Blakey also said she was concerned that some women were draining their superannuation accounts as part of emergency access measures introduced at the height on COVID-19.
Qantas will cut at least 6,000 jobs across all parts of the business, while continuing to stand down a further 15,000 employees, in response to the coronavirus pandemic.
Chief executive Alan Joyce confirmed $15 billion in costs would be cut from the airline amid predictions that global aviation might take three years to recover.
ABC's Peter Ryan says Mr Joyce has been negotiating with the federal government about the extension of JobKeeper
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The deepening damage from the spread of the coronavirus has forced the International Monetary Fund to slash its forecasts for the global economy even further.
In its latest update, the IMF says global growth will shrink by 4.9 percent although the outlook for Australia is the one bright spot in a sea of pessimism with a softer than expected contraction of 4.5 percent.
ABC's Peter Ryan with this analysis
The ABC will axe it's flagship 7.45am radio news bulletin and lose 250 jobs as it deals with budget cuts of $84 million.
The controversial decision comes after federal government budget cuts and will see the "AM" program reduced to 25 minutes.
ABC's Peter Ryan covered the breaking news on The World Today
National Australia Bank chief executive Ross McEwan warns banks will be less profitable in the short term as the economy recovers from COVID-19 fallout.
Mr McEwan has also doused hopes of a rapid "V" shaped recovery, and says a bumpy "W" shaped outcome is possible.
Peter Ryan reports
The Australian Taxation Office is turning up the heat on fraudsters who are exploiting the federal government's COVID-19 emergency stimulus package.
The ATO says it's received tip-offs about the abuse of the JobKeeper program and the early release of superannuation - both designed, in theory, to keep households afloat during the crisis.
ABC's Peter Ryan says the ATO has received intelligence about abuse of the emergency economic measures.
Reserve Bank governor Phil Lowe has repeated his calls for economic reform once Australia begins to recover from the COVID19 crisis.
Mr Lowe says he's optimistic about the economy but warns that without reform Australia will meander with medicocre growth.
Here's my report from The World Today
The mining industry's powerful lobby group will commit to decarbonising Australia;s economy and will endorse the Paris Agreement on climate change.
Minerals Council of Australia chief executive Tania Constable says a blueprint will support the use of electric vehicles and renewable energy.
However, Ms Constable tells ABC's Peter Ryan there is no date for the mining industry to reach a net zero emissions target.
