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Financial Markets
Last Updated: Friday, 3rd October, 10:25AM
| ASX All Ords | 9233.1 | -0.08% |
| ASX 200 | 8934.5 | -0.13% |
| NZX 50 | 13433.31 | -0.14% |
| Dow Jones | 46519.72 | +0.17% |
| NASDAQ | 24892.764 | +0.37% |
| FTSE | 9427.73 | -0.20% |
| Hang Seng | 27287.12 | +1.61% |
| NIKKEI 225 | 45244.92 | +0.69% |
| DAX | 24422.56 | +1.28% |
Last Updated: Friday, 3rd October, 10:25AM
| Oil | 60.69 | +0.35% |
| Gold | 3885.6 | +0.45% |
| Silver | 46.775 | +0.88% |
| S&P Futures | 6768 | +0.02% |
| Dow Futures | 46793 | -0.03% |
| NASDAQ Fut. | 25125.75 | +0.06% |
| Russell2000 | 2475.7 | +0.06% |
| 10YR Bonds | 4.088 | -0.44% |
| Vix | 16.63 | +2.09% |
Last Updated: Friday, 3rd October, 5:25AM
| USD | $ | 0.6623 | United States Dollars |
| GBP | £ | 0.4926 | British Pounds |
| EUR | € | 0.5651 | European Union Euros |
| JPY | ¥ | 97.4570 | Japanese Yen |
| NZD | $ | 1.1379 | New Zealand Dollars |
| CAD | $ | 0.9247 | Canadian Dollars |
| CNY | 元 | 4.7235 | Chinese Yuan |
| IDR | Rp | 10980.1325 | Indonesian Rupiah |
| THB | ฿ | 21.4570 | Thai Baht |
Financial News & Information
| Caution Urged for Super Fund Members Considering Investment Switches Fri, 03 Oct: One of Australia's leading superannuation fund providers has cautioned members against making hasty investment decisions during market volatility. HESTA noted an increase in investment switching in response to market fluctuations, specifically following the announcement of significant tariffs by US President Donald Trump in early April. - read more
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| Ombudsman Directs RACT Insurance to Honour Car Crash Claim Despite Undisclosed Damage Fri, 03 Oct: The Australian Financial Complaints Authority (AFCA) has intervened to instruct RACT Insurance to process a claim for a policyholder who failed to disclose prior damage to his four-wheel drive. Initially, when securing the insurance over the phone, the owner described the vehicle as being in 'good shape' with only minor scratches. However, post-accident assessments by RACT revealed damage that seemed to have existed before the incident. - read more
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| Investors and First Home Buyers Surge Back to Australia's Property Market Fri, 03 Oct: Australia's property market is experiencing a notable revitalisation, spurred largely by Labor’s recently implemented First Home Guarantee scheme. Designed to make homeownership more accessible, this scheme allows first home buyers to enter the market with just a 5% deposit, bypassing the need for lenders’ mortgage insurance through a taxpayer-guaranteed 15% of the mortgage. Since its introduction, it has sparked significant interest among prospective purchasers, marking a significant shift in the housing sector. - read more
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| Entireti Revamps Managed Account Platform with Salita Portfolio Services Thu, 02 Oct: Entireti has revamped its managed account offering following its acquisition of Australian Unity’s financial advice business, launching the Salita Portfolio Services. This new service aims to cater to both licensed and self-licensed practices, encompassing Fortnum Private Wealth, Personal Financial Services, Akumin (formerly AMP licensees), and Entireti Alliances, its newly branded self-licensed service operations. - read more
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| Essential Guide to Insuring Your Converted Van or Bus in Australia Owning a converted van or bus is a dream for many adventurous Australians. It offers freedom, mobility, and the chance to explore the great outdoors with the comfort of home on wheels. However, with this unique lifestyle comes specific responsibilities, one of which is ensuring your beloved vehicle is adequately insured. - read more
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| What Type of Insurance Does a Restaurant Need in Australia? Running a restaurant in Australia comes with a unique set of risks, making restaurant insurance a crucial consideration for business stability. Essential policies typically include public liability, property insurance, and workers’ compensation. These protect against claims for injury or property damage, damage to your premises, and staff-related incidents. For many restaurant owners, these core coverages form the foundation of a solid risk management plan. - read more
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| Why Every Commercial Kitchen Needs Equipment Insurance Running a commercial kitchen in Australia means relying heavily on specialised equipment, from ovens and deep fryers to refrigeration and extraction systems. These assets are critical to daily operations and represent a significant investment for any restaurant or café owner. Protecting this equipment is vital, as unexpected damage or faults can quickly disrupt service and impact your bottom line. - read more
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| How to minimise risk and stay compliant when starting a new restaurant Restaurant insurance in Australia provides vital protection for businesses in the hospitality sector. A tailored restaurant insurance policy can help cover a variety of risks unique to the industry, such as property damage, equipment breakdowns, customer injuries, and food contamination incidents. For many restaurant owners, having the right level of insurance is an essential part of running a compliant and resilient business. - read more
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