Climate change could trigger falling property prices in 254 ‘high risk’ Australian suburbs, the Reserve Bank warns
News

Climate change could trigger falling property prices in 254 ‘high risk’ Australian suburbs, the Reserve Bank warns

  • There are 254 "high risk" suburbs where property values could fall if Australia's banks ignore accelerating climate change, the Reserve Bank of Australia (RBA) says.
  • In new worst-case scenario modelling, the RBA states a small number of homes exposed to extreme weather could "result in credit losses" for the banks.
  • Brisbane and the Gold Coast could be impacted by 2050, although the vast majority of postcodes will not face the same property value risks.
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Strategy

An Aussie TikTok influencer was called out for promoting crypto to his young fans. It raises questions about whether laws governing financial advice are fit for purpose.

Australian influencers are jumping on a growing global trend: spruiking cryptocurrency on social media. The most notable example is 20-year-old influencer Atis Paul, who along with his sister and girlfriend have been recommending a token called Hushcoin to their followers. While the government has dismissed the dangers of financial influencers […]
An Aussie TikTok influencer was called out for promoting crypto to his young fans. It raises questions about whether laws governing financial advice are fit for purpose.
Reviews

The best Christmas celebration wines over $50

The second half of our two-parter on Xmas wines is a real “best-of-the-best” – it’s for those that want to live large and emphatically say “good riddance” to 2020 and its woes. When there is something to celebrate, champagne must be present. Why not chose something from a less well-known […]
The best Christmas celebration wines over $50