business

Australian researchers find more than 267,000 coastal properties and 2 million hectares of land across the country will face flood damage by 2100. Source link

The manufacturer of the base formula used by 20 sunscreens pulled from sale for failing to meet their SPF claims is being sued for misleading and deceptive conduct. Source link

Small businesses are being hit with “underpaid postage fees”, but Australia Post says its size and weight scanners are “highly accurate” and will not disclose how often its technology is wrong, raising questions about the legality of its additional charges. Source link

A researcher for AI developer Anthropic has quit the company and is one of a growing number of AI experts to call on the industry to slow down. Source link

Australians still believe in the ideals of their democracy and government, but their declining faith in politicians and the political system is putting that trust at “profound risk”. Source link

The ASX closed on a 20-day low as oil prices surged to a six-week high of nearly $US100 per barrel on reports of explosions near Iran’s Kharg Island. Source link

Perpetrators of domestic violence would be punished rather than rewarded for their actions when committing abuse against their former partners through the tax and super systems.  Source link

Almost 100 whistleblower tip-offs claim dodgy operators are rorting a multi-billion-dollar taxpayer-funded solar battery program by mocking up installs, forging signatures and using unlicensed tradies for cash jobs. Source link

The RBA’s deputy governor issues a warning that interest rates could rise further if the ongoing scourge of inflation does not come under control soon. Source link

The Bathla Group collapse exposes private credit issues and oil is up on Middle East tensions. Follow the day’s events and insights from our business reporters on the ABC News live markets blog. Source link