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Last Updated: Saturday, 2nd May, 10:25AM
| ASX All Ords | 8954.7 | +0.75% |
| ASX 200 | 8729.8 | +0.74% |
| NZX 50 | 13039.2 | +1.05% |
| Dow Jones | 49499.27 | -0.31% |
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Last Updated: Saturday, 2nd May, 10:25AM
| Oil | 102.5 | -2.45% |
| Gold | 4625.6 | -0.09% |
| Silver | 75.84 | +2.45% |
| S&P Futures | 7262.25 | +0.26% |
| Dow Futures | 49990 | +0.31% |
| NASDAQ Fut. | 27601.25 | +0.02% |
| Russell2000 | 2810.8 | +0.11% |
| 10YR Bonds | 4.378 | -0.27% |
| Vix | 16.82 | -0.41% |
Last Updated: Saturday, 2nd May, 5:25AM
| USD | $ | 0.7206 | United States Dollars |
| GBP | £ | 0.5306 | British Pounds |
| EUR | € | 0.6145 | European Union Euros |
| JPY | ¥ | 113.1467 | Japanese Yen |
| NZD | $ | 1.2208 | New Zealand Dollars |
| CAD | $ | 0.9792 | Canadian Dollars |
| CNY | 元 | 4.9220 | Chinese Yuan |
| IDR | Rp | 12479.9551 | Indonesian Rupiah |
| THB | ฿ | 23.4276 | Thai Baht |
| ASIC Enhances Oversight on Unlicensed Finfluencers Sat, 02 May: The Australian Securities and Investments Commission (ASIC) has recently escalated its regulatory actions against social media influencers, commonly referred to as 'finfluencers,' who are suspected of offering unlicensed financial advice. This initiative is part of ASIC's broader strategy to safeguard consumers from potentially misleading information disseminated through online platforms. - read more
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| High Court Upholds AFSA's Actions in Bankruptcy Case Sat, 02 May: The Australian Financial Security Authority (AFSA) has expressed approval of the High Court's recent decision to refuse special leave to appeal in the case of Hartnett v Inspector-General in Bankruptcy. This outcome reinforces the integrity and consistency of Australia's personal insolvency system. - read more
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| NAB Enhances ATM Network to Support Cash Users Sat, 02 May: The National Australia Bank (NAB) has announced a significant investment in its Automated Teller Machine (ATM) network, rolling out hundreds of new machines across the country. This initiative aims to support Australians who continue to rely on cash for everyday transactions and business operations. - read more
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| Australian Government Enacts Stringent Reforms to Protect NDIS Integrity Sat, 02 May: The Australian Government has enacted significant reforms to the National Disability Insurance Scheme (NDIS) to enhance its integrity and sustainability. These measures aim to protect the scheme from exploitation and ensure it continues to serve Australians with permanent and significant disabilities effectively. - read more
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| Share Market Basics: General Information on Shares, Dividends and Market Risks The share market, commonly known as the stock market, is a marketplace where shares of publicly listed companies are bought and sold. It can support the economy by helping companies raise capital and by allowing investors to buy and sell ownership interests in listed companies. - read more
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| A General Guide to How Investing Works Welcome to our general guide on how investing works! Whether you're just starting to think about investing or looking to refine your approach, understanding the basics can help improve financial literacy and support more informed decision-making. Let's unravel the essentials of investing to help you better understand common investing concepts. - read more
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| How to Prepare for a Smooth Refinance Experience Mortgage refinancing refers to the process of replacing your existing home loan with a new one, typically under different terms. Essentially, you're paying off your old mortgage with a new loan. This can be an extremely useful financial maneuver, allowing homeowners to benefit from better interest rates or change their loan type to suit their current needs. - read more
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| Choosing the Right Lender: Maximising Your Benefits in Mortgage Refinancing Mortgage refinancing involves replacing your current home loan with a new one, often to benefit from better terms. This financial maneuver is commonly pursued to seize lower interest rates, reduce monthly payments, or alter the loan term. It can also provide cash by tapping into the equity you've built up in your home. - read more
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