Money

Popular sunscreen brand recalled due to “cancer risk”

Published

3 years ago

August 2, 2021

A popular brand of sunscreen is being recalled in Australia after traces of the chemical “benzene” were found in some batches.

The Therapeutic Goods Administration has issued the alert for the Neutrogena Ultra Sheer Body Mist Sunscreen Spray SPF 50+ aerosol sunscreen.

The TGA says batches with an expiry date of August 30, 2023, or earlier should not be used due to possible health risks linked to benzene.

⚠️Neutrogena Ultra Sheer Body Mist Sunscreen Spray SPF 50+ (aerosol sunscreen) AUST L 202301⚠️
Johnson & Johnson Pacific Pty Ltd is recalling all batches of this product due to the detection of benzene in some batches.
Read more: https://t.co/3jrnqLOSGa pic.twitter.com/UMwWOVpdkv
— TGA Australia (@TGAgovau) August 2, 2021

Benzene is classified as a human carcinogen, a substance that could potentially cause cancer

Consumers are being urged that they should discard the products and seek a refund via the Neutrogena website.

All unsold products will be removed from the market.

Johnson & Johnson product testing detected benzene at concentrations in some batches supplied in Australia.

To Australian standards, TGA has limits on these types of solvents and benzene must be below a concentration of two parts per million (ppm) in medicines. This includes sunscreen products that are listed as medicines.

Money

Will Australia’s foreign investment rule create an economic boost?

Published

15 mins ago

May 7, 2024

Nathan Langridge

Australian Treasurer Dr. Jim Chalmers announced an overall of foreign investment rules ahead of the budget.

Australia is set to announce a significant decline in its projected gross debt, signalling a more optimistic outlook for the country’s fiscal health.

The Airport Economist, Professor Tim Harcourt at UTS joins to discuss.

Money

Research key to investment success

Published

21 hours ago

May 6, 2024

ticker NEWS

What is the importance of research in the investing and super landscape in Australia?

Wyld Money dives into the world of financial freedom. Whether you’re a seasoned investor or just getting started, join us for actionable tips and tricks to unlock your earning potential, and retire on your own terms.

In this episode, Mark is joined by Peter Green, Director of Research at Lonsec Research. #wyld money

Money

Why “stagflation” will be the greatest financial threat of 2024

Published

24 hours ago

May 6, 2024

Nathan Langridge

With inflation soaring and economic growth tapering off, concerns about stagflation are on the rise

Stagflation, a situation characterised by high inflation coupled with stagnant economic growth, presents a unique challenge that many are ill-prepared to face.

Mark Wyld from MW Wealth joins to unpack what defines “stagflation”. #featured