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Last Updated: Friday, 8th May, 1:25AM
| ASX All Ords | 9107 | +1.01% |
| ASX 200 | 8878.1 | +0.96% |
| NZX 50 | 13261.62 | +0.89% |
| Dow Jones | 49910.59 | +1.24% |
| NASDAQ | 25966.139 | +0.49% |
| FTSE | 10438.66 | +2.15% |
| Hang Seng | 26609.21 | +1.51% |
| NIKKEI 225 | 62833.84 | +5.58% |
| DAX | 24918.69 | +2.12% |
Last Updated: Friday, 8th May, 1:25AM
| Oil | 91.7 | -3.55% |
| Gold | 4764.8 | +1.50% |
| Silver | 82.085 | +6.19% |
| S&P Futures | 7397.75 | +0.11% |
| Dow Futures | 50101 | +0.13% |
| NASDAQ Fut. | 28745.5 | +0.10% |
| Russell2000 | 2894.5 | -0.02% |
| 10YR Bonds | 4.348 | -0.18% |
| Vix | 17.36 | -0.17% |
Last Updated: Thursday, 7th May, 5:25PM
| USD | $ | 0.7256 | United States Dollars |
| GBP | £ | 0.5297 | British Pounds |
| EUR | € | 0.6172 | European Union Euros |
| JPY | ¥ | 113.2542 | Japanese Yen |
| NZD | $ | 1.2117 | New Zealand Dollars |
| CAD | $ | 0.9890 | Canadian Dollars |
| CNY | 元 | 4.9339 | Chinese Yuan |
| IDR | Rp | 12594.4441 | Indonesian Rupiah |
| THB | ฿ | 23.2981 | Thai Baht |
Financial News & Information
| Understanding the Impact of RBA's Latest Rate Hike on Your Mortgage Thu, 07 May: The Reserve Bank of Australia (RBA) has implemented its third consecutive 0.25 percentage point increase, elevating the cash rate to 4.35%. This decision is set to influence mortgage repayments across the nation, with major banks passing on the rate hike to their variable home loan customers. - read more
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| Westpac Faces Declining Mortgage Market Share in Competitive Landscape Thu, 07 May: Recent data from the Australian Prudential Regulation Authority (APRA) indicates that Westpac has experienced a significant decline in its share of the Australian mortgage market. Since March 2019, the bank's market share has decreased by 3.2 percentage points, now standing at 20.7% of the nation's $2.46 trillion mortgage market. - read more
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| Anticipated Slowdown in New Mortgage Demand Following RBA Rate Increase Thu, 07 May: The Reserve Bank of Australia's (RBA) recent rate hike is projected to further dampen the appetite for new home loans. Data from Equifax indicates a clear loss of momentum among prospective borrowers, with new mortgage demand slowing sharply from a 10.9% year-on-year rise in Q4 2025 to just 3.6% in Q1 2026. - read more
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| MitchCap Joins Forces with BIA and BIAV to Elevate Marine Industry Financial Acumen Wed, 06 May: The Australian marine industry is set to benefit from a significant boost in financial literacy and support, thanks to a new partnership between MitchCap, the Boating Industry Association (BIA), and the Boating Industry Association of Victoria (BIAV). This collaboration introduces the Industry Financial Skills and Awareness Program, designed to enhance the financial acumen of marine businesses nationwide. - 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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