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Oliver Yates

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Oliver Yates is an Australian businessman.

Yates spent 20 years working at Macquarie Group.[1] He is the former chief executive of the Clean Energy Finance Corporation between 2012-2017.[2]

He is also made an unsuccessful run as an independent political candidate against Josh Frydenberg in the seat of Kooyong in 2019.[3] As an independent he received 9% of the primary vote. His campaign was partly funded by the Australian billionaire Simon Holmes a Court.[4][5]

In August 2019, Yates was accused by Liberal Party senator Michael Sukkar via parliamentary privilege of having backed a legal challenge to Josh Frydenberg's 2019 re-election on the basis of Frydenberg's citizenship status (relating to his mother being a holocaust survivor who migrated to Australia from Hungary). No evidence was produced to support Sukkar's allegations.[6]

Following the failed attempt to enter politics, Yates formed an investor Shareholder Activist group named Sentient Impact Group, with the purpose of pressuring businesses into developing strategic plans to align with the Paris Agreement 1.5C target.[7] He was also involved in public advertising efforts in support of Premier of Victoria Daniel Andrews during Melbourne's 2020 COVID lockdowns.[8]

Personal life[edit]

Yates is the son of William Yates, who served in both the British House of Commons and the Australian House of Representatives.[9]

References[edit]

  1. "Top Carbon Cutters – #4 Oliver Yates". The Australian. It’s a fair question. Why would someone who has spent 20 years in the millionaires’ factory of Macquarie Bank leave all that to head up the government’s new, controversial green bank – which might be shut down before it gets going?.
  2. Patrick, Aaron (12 September 2019). "Liberal Party doubles down with attack on Oliver Yates". Australian Financial Review. The Liberal Party ratcheted up the pressure on Oliver Yates, the former chief executive of the Clean Energy Finance Corp, by accusing him of participating in an antisemitic plot to remove Treasurer Josh Frydenberg from office.
  3. Murphy, Katharine (2019-01-29). "It's time to 'take out' environment ministers who fail on climate, says Oliver Yates". The Guardian. Retrieved 2023-07-06.
  4. Durkin, Patrick (13 April 2022). "Simon Holmes à Court's personal battle with Josh Frydenberg". Australian Financial Review.
  5. Durkin, Patrick (13 Apr 2022). "Simon Holmes à Court's personal battle with Josh Frydenberg". Holmes à Court was part of Kooyong200, Frydenberg’s fundraising arm led by Citi’s head of investment banking, Tony Osmond, before he wrote an op-ed in The Guardian in 2018 supporting the closure of AGL’s coal-fired Liddell power station and was dumped.
  6. Maiden, Samantha (2019-08-01). "'A total abuse of parliamentary privilege': Oliver Yates slams Sukkar attack". The New Daily. Retrieved 2023-07-06.
  7. Parkinson, Giles (2022-06-03). "Oliver Yates leads new push to get AGL out of coal and aligned with Paris target". RenewEconomy. Retrieved 2023-07-07.
  8. Hutchinson, Stephen Brook, Samantha (2020-07-29). "CBD Melbourne: We heart Dan, says Oliver Yates". The Age. Retrieved 2023-07-07.
  9. "Should Josh Frydenberg be worried about losing his seat to an independent?". ABC News. 2019-01-30. Retrieved 2023-07-06. A former Liberal Party member and son of former federal Liberal MP William Yates, Oliver Yates said the party's attitude to climate change is reckless.


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