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Financial Markets
Last Updated: Monday, 2nd February, 6:25AM
| ASX All Ords | 9164.8 | -0.78% |
| ASX 200 | 8869.1 | -0.65% |
| NZX 50 | 13423.18 | +0.56% |
| Dow Jones | 48892.47 | -0.36% |
| NASDAQ | 23461.816 | -0.94% |
| FTSE | 10211.53 | +0.39% |
| Hang Seng | 27387.11 | -2.08% |
| NIKKEI 225 | 53322.85 | -0.10% |
| DAX | 24558.2 | +1.02% |
Last Updated: Monday, 2nd February, 6:25AM
| Oil | 8869.1 | +13,457.17% |
| Gold | 2613.743 | -44.92% |
| Silver | 2613.743 | +3,228.29% |
| S&P Futures | 6964.5 | -0.40% |
| Dow Futures | 48966 | -0.41% |
| NASDAQ Fut. | 25835 | -0.63% |
| Russell2000 | 2637.2 | -1.01% |
| 10YR Bonds | 4.241 | +0.33% |
| Vix | 17.85 | +9.17% |
Last Updated: Monday, 2nd February, 5:25AM
| USD | $ | 0.6955 | United States Dollars |
| GBP | £ | 0.5082 | British Pounds |
| EUR | € | 0.5869 | European Union Euros |
| JPY | ¥ | 107.6192 | Japanese Yen |
| NZD | $ | 1.1566 | New Zealand Dollars |
| CAD | $ | 0.9459 | Canadian Dollars |
| CNY | 元 | 4.8349 | Chinese Yuan |
| IDR | Rp | 11669.0841 | Indonesian Rupiah |
| THB | ฿ | 21.9494 | Thai Baht |
Financial News & Information
| AFCA Observes Significant Increase in General Insurance Complaints Sun, 01 Feb: The Australian Financial Complaints Authority (AFCA) has reported a 17% increase in general insurance complaints for the year ending June 30, 2025, totalling 34,231 cases. This uptick is primarily attributed to issues surrounding add-on covers and delays in motor vehicle insurance claims. - read more
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| APRA's Findings: Stability in PI Claims and Decreasing Premiums Sun, 01 Feb: The Australian Prudential Regulation Authority (APRA) has released its latest National Claims and Policies Database, providing valuable insights into the professional indemnity (PI) insurance sector for the 2022 underwriting year. The data indicates that PI claims payments for non-facility business remained relatively stable at $1.111 billion, a slight increase from $1.109 billion in the previous year. - read more
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| Upcover's New Insurance Solutions for Australian Nurses Sun, 01 Feb: Sydney-based insurtech company Upcover has unveiled a new professional indemnity and public liability insurance product tailored specifically for nurses across Australia. This initiative aims to provide comprehensive coverage that meets the unique needs of nursing professionals, including nurse practitioners, in-patient nurses, doulas, and nursing students. - read more
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| Rising Strata Insurance Costs in the Northern Territory Sun, 01 Feb: Homeowners in the Northern Territory are experiencing significant increases in strata insurance premiums, despite the federal government's cyclone reinsurance pool, established in 2022 to mitigate such costs. This development raises concerns about the effectiveness of the pool and the broader implications for property owners in cyclone-prone regions. - read more
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| Loan Lingo: Simplifying the Language of Marine Finance for Boat Owners Embarking on a new boating adventure can be thrilling, yet the complexities of marine finance can feel daunting. For Australian consumers, understanding the intricacies of marine finance is crucial to ensuring a smooth journey to boat ownership. - read more
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| Understanding State-by-State Insurance Requirements for Strata Schemes in Australia Strata schemes are a popular form of property ownership in Australia, particularly in cities where high-density living is common. A strata scheme is essentially a building or collection of buildings that allows for individual ownership of a part of the property, combined with shared ownership of common areas. Residents coexist in a community and collectively manage shared spaces such as gardens, driveways, or facilities. - read more
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| How to Make a Claim on Your Strata Insurance: A Step-by-Step Guide When it comes to strata insurance, making a claim can feel daunting if you're not familiar with the process. A vital first step is understanding what constitutes a claimable event. Typically, these are events that lead to damage or loss in the common areas of a property, such as fire, storm damage, or vandalism. However, each policy can vary, so it’s important to check the specifics of what your coverage includes. - read more
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| The Importance of Updating Your Strata Insurance Policy Strata insurance is a specific type of insurance designed to cover shared property and common areas within a strata-titled property. This includes coverage for dwelling structures, common hallways, roofs, and sometimes even shared swimming pools or gardens. - read more
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