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Last Updated: Monday, 3rd November, 11:25PM
| ASX All Ords | 9182.5 | +0.05% |
| ASX 200 | 8894.8 | +0.15% |
| NZX 50 | 13556.3 | +0.06% |
| Dow Jones | 47562.87 | +0.09% |
| NASDAQ | 25858.127 | +0.48% |
| FTSE | 9717.25 | -0.44% |
| Hang Seng | 26057.03 | +0.58% |
| NIKKEI 225 | 52411.34 | +2.12% |
| DAX | 23958.3 | -0.67% |
Last Updated: Monday, 3rd November, 11:25PM
| Oil | 60.93 | -0.08% |
| Gold | 4027.9 | +0.79% |
| Silver | 48.435 | +0.57% |
| S&P Futures | 6889.5 | +0.23% |
| Dow Futures | 47667 | -0.12% |
| NASDAQ Fut. | 26148.25 | +0.55% |
| Russell2000 | 2487.8 | -0.08% |
| 10YR Bonds | 1.1513 | -71.93% |
| Vix | 17.62 | +1.03% |
Last Updated: Monday, 3rd November, 5:25PM
| USD | $ | 0.6558 | United States Dollars |
| GBP | £ | 0.4988 | British Pounds |
| EUR | € | 0.5683 | European Union Euros |
| JPY | ¥ | 101.1475 | Japanese Yen |
| NZD | $ | 1.1451 | New Zealand Dollars |
| CAD | $ | 0.9188 | Canadian Dollars |
| CNY | 元 | 4.6668 | Chinese Yuan |
| IDR | Rp | 10925.2948 | Indonesian Rupiah |
| THB | ฿ | 21.2407 | Thai Baht |
Financial News & Information
| AI's Emerging Role in Boosting Financial Literacy Mon, 03 Nov: Amidst the ongoing discussions in the financial advice sector, the integration of artificial intelligence by both large and small financial firms is becoming increasingly prevalent. These AI tools aim to improve operational efficiency and facilitate business expansion. Shadforth Financial Group's CEO, Terry Dillon, highlighted in the ifa Show podcast that leveraging AI has been vital for the company’s growth strategy. - read more
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| Call for Urgent Reforms to Elevate Australian Retirement Outcomes Mon, 03 Nov: The latest study by the Strategic Management Council (SMC) stresses the urgent need for financial advice reforms to enhance retirement outcomes. According to their findings, retirees could potentially forego $6,500 annually without such changes. With over 2.8 million Australians poised to retire in the next decade, the annual retirement rate is set to double, alongside a significant increase in superannuation assets to nearly $1.5 trillion by age 65. - read more
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| Australia's Housing Market and Rental Crisis Intensify Amidst Policy Changes Mon, 03 Nov: The introduction of the Albanese government's 5% deposit scheme for first home buyers at the start of October has led to a noticeable uptick in housing prices. According to Cotality’s latest data, October saw the strongest rise in house prices since June 2023, with a 1.1% increase that equates to a 2.9% rise over the quarter in Australia's major cities. - read more
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| Brisbane Hailstorm Sees Over 16,000 Insurance Claims Mon, 03 Nov: The recent hailstorm in Brisbane has triggered more than 16,000 insurance claims, marking it as a significant event as declared by the Insurance Council of Australia. Both Suncorp and IAG have experienced a substantial influx of claims following the severe weather conditions that affected parts of Queensland and Victoria over the weekend. - 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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