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Financial Markets
Last Updated: Thursday, 11th December, 1:25AM
| ASX All Ords | 8868.2 | -0.09% |
| ASX 200 | 8579.4 | -0.08% |
| NZX 50 | 13371.06 | -0.62% |
| Dow Jones | 47560.29 | -0.38% |
| NASDAQ | 23530.44 | -0.20% |
| FTSE | 9642.01 | -0.03% |
| Hang Seng | 25325.05 | -0.43% |
| NIKKEI 225 | 50602.8 | -0.10% |
| DAX | 24162.65 | +0.49% |
Last Updated: Thursday, 11th December, 1:25AM
| Oil | 57.9 | -0.60% |
| Gold | 4223.4 | +0.40% |
| Silver | 60.815 | +1.07% |
| S&P Futures | 6843.75 | -0.07% |
| Dow Futures | 47584 | -0.06% |
| NASDAQ Fut. | 25664.5 | -0.14% |
| Russell2000 | 2522.1 | -0.29% |
| 10YR Bonds | 4.168 | -0.43% |
| Vix | 17.4 | +2.78% |
Last Updated: Wednesday, 10th December, 5:25PM
| USD | $ | 0.6647 | United States Dollars |
| GBP | £ | 0.4994 | British Pounds |
| EUR | € | 0.5714 | European Union Euros |
| JPY | ¥ | 104.1272 | Japanese Yen |
| NZD | $ | 1.1501 | New Zealand Dollars |
| CAD | $ | 0.9205 | Canadian Dollars |
| CNY | 元 | 4.6914 | Chinese Yuan |
| IDR | Rp | 11089.3542 | Indonesian Rupiah |
| THB | ฿ | 21.1232 | Thai Baht |
Financial News & Information
| RBA Holds Cash Rate at 3.60%, Forecasts Extended Stability Wed, 10 Dec: The Reserve Bank of Australia (RBA) has announced its decision to maintain the official cash rate at 3.60% during its December meeting, signaling a potential extended hold through 2026. This move comes in response to higher-than-expected inflation rates and a robust economic performance. - read more
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| ANZ CEO Nuno Matos Takes Helm at Australian Banking Association Wed, 10 Dec: The Australian Banking Association (ABA) has appointed Nuno Matos, CEO of ANZ Group, as the new chair of its council, succeeding National Australia Bank's Andrew Irvine. This leadership change marks a significant moment for the ABA, which plays a pivotal role in shaping industry policies and consumer protections within Australia's banking sector. - read more
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| IAG Highlights Climate Change's Impact on Rising Home Insurance Costs Wed, 10 Dec: Insurance Australia Group (IAG) has issued a warning to Australian homeowners about the escalating impact of climate change on home insurance premiums. The insurer attributes the rising costs to the increasing frequency and severity of weather events, such as storms and hailstorms, particularly affecting densely populated regions in southern Australia. - read more
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| Australia’s Rental Surge Forces Shift to Share Housing Tue, 09 Dec: Australia's rental market has experienced a dramatic surge over the past five years, leading to significant changes in the housing arrangements of many Australians. According to Cotality, rental prices across the nation have escalated by an astonishing 43.8% since 2021. This hike means that the average Australian household renting a median-priced home now incurs an additional $10,600 annually compared to five years ago. - read more
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| Navigating State-Based Insurance Requirements for Strata Property Owners Strata insurance is a crucial aspect for property owners across Australia. Owning a property within a strata scheme means you're not just responsible for your unit but also share responsibility for common areas, which requires adequate protection against potential risks. - read more
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| Strata Insurance FAQs: Your Most Pressing Questions Answered In Australia, strata insurance is a crucial part of property ownership, offering peace of mind and financial protection. It's essential for property owners to understand what strata insurance entails and why it's so important. - read more
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| When to Involve a Broker: Navigating Insurance Claims in Strata Properties If you own a strata property, understanding your insurance is crucial. Strata insurance is a specific type of cover that protects shared and common property under a strata title or body corporate arrangement. This can include everything from the building itself to shared driveways, gardens, pools, or car parks. - read more
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| Key Factors That Affect Your Strata Insurance Premiums Strata insurance is a specialized form of coverage tailored for property owners living in multi-unit complexes. Understanding its intricacies can be crucial for ensuring that all aspects of shared ownership and communal property responsibilities are adequately protected. - read more
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