The local sharemarket produced another solid rise while global oil prices fell for the fourth day in a row. Data from Cotality shows house prices rose less than average in the most recent rate cutting cycle.

In the US, investors are bracing for September which is statistically the worst performing month for the S&P 500.

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How to regulate artificial intelligence is fast becoming a new battleground. An interim report from Australia's Productivity Commission warning the federal government against taking a heavy-handed approach has surprised some. Former Human Rights Commissioner and the co-director of the UTS Human Technology Institute, Ed Santow, says the idea that privacy and copyright protections need to be relaxed to realise AI's maximum gains is incorrect. Professor Santow's interview with ABC TV's The Business came as Australia's eSafety Commissioner released a report showing big tech companies aren't doing enough when it comes to combating child exploitation material on their platforms.

As for whether tech companies can be trusted to do the right thing when it comes to artificial intelligence, Professor Santow said "we shouldn't trick ourselves into thinking that they will go the extra mile necessarily in protecting the community if there isn't a clear return on investment for that. That's the role of regulation. It makes sure that we don't end up with the kind of lowest common denominator effect but rather we hold everyone to a standard that treats people fairly, and protects people's basic rights."

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Russia has invoked the constitution after Australia cancelled a lease on a block where it planned to build an embassy. Prime Minister Anthony Albanese said the law was passed for national security reasons as the site is only 300 metres from Parliament House. But a Russian spokesperson has labelled the decision hostile, the fight now arriving at the High Court of Australia.

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The Reserve Bank has proposed an end to card surcharges, but similar moves overseas have led to higher banking costs for consumers. Experts say a cap on interchange fees will cost banks $900 million a year, which they are likely to recoup via higher card and account fees or devalued rewards points. Melanie Evans, deputy chair of the Australian banking association and chief executive of ING in Australia, told The Business if the economics of the payment systems change then, business models will also change accordingly. The banks want mobile wallets included in the review. More Australians are using mobile wallets to tap and go, with payments up almost 30 per cent in a year. Each time a customer pays using a mobile wallet, the banks pay the tech giants a fee. Professor Zhong said that was where banks could offset lost revenue from the cap on interchange fees. "It would require reforms in other areas in terms of fees charged by mobile wallets to Australian banks," she said. Banks and other stakeholders have until the end of the RBA's consultation period on august 26 to make submissions.

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With the cost-of-living crisis, and overcrowding forcing people onto the streets. The rate of homelessness in the Northern Territory is twelve times the national average.

To help stem the problem, hundreds of millions of dollars have been announced, with dozens of services set to get a boost in the coming years. By Tilda Colling for ABC News Northern Territory.

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The political drama continues in Tasmania, with Labor leader Dean Winter saying a no-confidence motion in the Liberal government will be moved when parliament returns. Two months ago, a no-confidence motion against Premier Jeremy Rockliff was successful, triggering an early election.

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You asked, we answered. As the trial of Erin Patterson wrapped up, you made it clear we should keep making this podcast. So we decided we will, and from this weekend it will become The Case Of.

We're keeping this window into the justice system open, using this feed to continue being your eyes and ears in the courtroom for high-profile Australian trials. around the country.

Listen to this short drop to hear Stephen Stockwell explain what will change, and to reveal the next trial we'll be covering.

Make sure you're following this feed in the ABC Listen app (or wherever you get your podcasts) so you don't miss our first episode.

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Australia may be looking at a rainy end to the year as a major climate driver emerges for the first time in three years. Changes in ocean temperatures indicate the development of a negative Indian Ocean Dipole, a wet phase ABC meteorologist Tom Saunders has labelled the 'La Niña of the west'.

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More than 50,000 Queensland school teachers are striking for the first time in 16 years today, after negotiations with the government over pay and conditions broke down last week.

Teachers in Brisbane marched from the Convention Centre to Parliament House, where state budget estimates are underway.

Speaking with Steve Austin on Brisbane Mornings, Honorary Vice President of the Queensland Teachers Union and Noosa-based teacher Josh Cleary, says teachers across the state are experiencing physical violence and verbal abuse both from students and parents across the state, which has left them burnt out and frustrated.

Brisbane-based teachers also said the level of unpaid overtime and negative view of the teaching profession has made it difficult for them to encourage students to pursue teaching as a career.

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Two Australian libraries have been named in a list of the Top 10 Most Beautiful Libraries in the World.

The State Library of South Australia came in second place, behind Trinity College Dublin, while the State Library Victoria finished in seventh place.

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