Australia’s two most senior Nationals MP have slammed a “virtue signalling” and “out of touch” ANZ after it introduced new measures to lower its carbon footprint.

The banking giant said on Thursday it would adopt carbon targets as a condition of lending and impose low carbon deadlines for the agriculture, food and beverage, building, energy and transport sectors. 

Nationals leader Michael McCormack criticised ANZ for bowing to “shareholder activists” and said the move was “pure virtue signalling”.

“With many farming families experiencing one of their best seasons in recent memory, the…



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