Westpac and CBA face green ire over $780m loan to salmon farmers

The Australian Financial Review
04-15

Two of the country’s best-known environmentalists, Richard Flanagan and Geoff Cousins, say banks are complicit in the destruction of Macquarie Harbour in Tasmania after funding Tassal’s salmon farming operations.

Flanagan, an award-winning author, and Cousins, a former Telstra and PBL board member turned eco-warrior, said the description of the loan extended by Commonwealth Bank, Westpac and Rabobank was misleading at best.

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