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Last Updated: Saturday, 16th May, 9:25AM
| ASX All Ords | 8870.6 | -0.16% |
| ASX 200 | 8630.8 | -0.11% |
| NZX 50 | 12965.01 | -0.46% |
| Dow Jones | 49526.17 | -1.07% |
| NASDAQ | 26225.145 | -1.54% |
| FTSE | 10195.37 | -1.71% |
| Hang Seng | 25962.73 | -1.62% |
| NIKKEI 225 | 61409.29 | -1.99% |
| DAX | 23950.57 | -2.07% |
Last Updated: Saturday, 16th May, 9:25AM
| Oil | 101.16 | +4.37% |
| Gold | 4543.6 | -3.02% |
| Silver | 76.295 | -10.59% |
| S&P Futures | 7439.25 | -1.15% |
| Dow Futures | 49749 | -0.81% |
| NASDAQ Fut. | 29176.5 | -1.72% |
| Russell2000 | 2823.5 | -1.60% |
| 10YR Bonds | 4.595 | +3.00% |
| Vix | 19.03 | +10.25% |
Last Updated: Saturday, 16th May, 5:25AM
| USD | $ | 0.7152 | United States Dollars |
| GBP | £ | 0.5369 | British Pounds |
| EUR | € | 0.6155 | European Union Euros |
| JPY | ¥ | 113.5285 | Japanese Yen |
| NZD | $ | 1.2244 | New Zealand Dollars |
| CAD | $ | 0.9837 | Canadian Dollars |
| CNY | 元 | 4.8750 | Chinese Yuan |
| IDR | Rp | 12487.9158 | Indonesian Rupiah |
| THB | ฿ | 23.3308 | Thai Baht |
Financial News & Information
| ACCC Deepens Investigation into IAG's Proposed RAC Insurance Acquisition Sat, 16 May: The Australian Competition and Consumer Commission (ACCC) has escalated its examination of Insurance Australia Group's (IAG) proposed acquisition of RAC Insurance, moving the process into a Phase 2 review. This decision underscores the regulator's concerns about the potential for reduced competition within Western Australia's insurance market. - read more
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| Australian Insurers Achieve $6.1 Billion Profit Amid Rising Premiums Sat, 16 May: Australia's insurance industry has reported a significant after-tax profit of $6.1 billion for the year 2024, marking a substantial increase compared to previous years. This surge in profitability is attributed to a combination of premium hikes and a year characterized by fewer severe weather events. - read more
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| Unprecedented Spike in Mental Health Insurance Claims Highlights Need for Prompt Payouts Sat, 16 May: Australia is witnessing an unprecedented increase in mental health-related insurance claims, prompting consumer advocates to urge insurers and superannuation funds to expedite payouts to affected individuals. - read more
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| COG Financial Services Achieves Record $4.5 Billion in Net Assets Financed Sat, 16 May: COG Financial Services Limited has reported its most robust half-year performance to date, with net assets financed reaching an impressive $4.5 billion. This milestone reflects a 7% increase compared to the same period last year, underscoring the company's resilience and strategic growth in the asset finance sector. - read more
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| Protecting Your Farming Business with Keyperson Insurance Farming is not just an occupation; it's the backbone of Australia's economy and a vital part of our national identity. From the vast wheat belts of Western Australia to the fertile valleys of Victoria, our farmers work tirelessly to feed not just our nation, but countries all over the world. Their commitment ensures food security and supports rural communities, making farming a crucial industry for Australia's prosperity. - read more
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| Tailored Insurance Solutions: Meeting the Unique Needs of Tradespeople Tailored insurance solutions are customised insurance plans that cater to the specific needs and circumstances of individuals and businesses. Unlike traditional, one-size-fits-all policies, tailored solutions provide flexibility and detailed coverage options that align with the unique risks and demands of various professions, including tradespeople. - read more
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| Understanding Commercial Vehicle Insurance: A Guide for Australian Tradespeople Commercial vehicle insurance is a specialised type of coverage designed to protect vehicles used for business purposes. It covers a wide range of potential risks including accidents, theft, and damage, ensuring the vehicles vital to your work are adequately protected. This form of insurance is tailored specifically to mitigate the risks associated with using vehicles for trade and business, offering peace of mind to business owners. - read more
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| A Guide to Choosing Income Protection Insurance for Tradespeople Income protection insurance is a vital safety net for those who earn their livelihood through skilled trades. It is designed to replace a portion of your income if you're unable to work due to illness or injury, ensuring that you can meet your financial obligations while you recover. This type of insurance provides peace of mind, knowing that even if the unexpected happens, your bills can still be paid and your lifestyle maintained. - read more
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