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Last Updated: Saturday, 23rd May, 4:25AM
| ASX All Ords | 8877.2 | +0.41% |
| ASX 200 | 8657 | +0.41% |
| NZX 50 | 12991.31 | +0.88% |
| Dow Jones | 50735.59 | +0.89% |
| NASDAQ | 26419.426 | +0.48% |
| FTSE | 10466.26 | +0.22% |
| Hang Seng | 25606.03 | +0.86% |
| NIKKEI 225 | 63339.07 | +2.68% |
| DAX | 24888.56 | +1.15% |
Last Updated: Saturday, 23rd May, 4:25AM
| Oil | 96.54 | +0.20% |
| Gold | 4515.2 | -0.60% |
| Silver | 76.34 | -0.51% |
| S&P Futures | 7502.5 | +0.49% |
| Dow Futures | 50821 | +0.88% |
| NASDAQ Fut. | 29582.75 | +0.46% |
| Russell2000 | 2869.6 | +0.78% |
| 10YR Bonds | 4.562 | -0.52% |
| Vix | 16.66 | -0.60% |
Last Updated: Friday, 22nd May, 5:25PM
| USD | $ | 0.7133 | United States Dollars |
| GBP | £ | 0.5315 | British Pounds |
| EUR | € | 0.6146 | European Union Euros |
| JPY | ¥ | 113.4919 | Japanese Yen |
| NZD | $ | 1.2159 | New Zealand Dollars |
| CAD | $ | 0.9839 | Canadian Dollars |
| CNY | 元 | 4.8497 | Chinese Yuan |
| IDR | Rp | 12631.2934 | Indonesian Rupiah |
| THB | ฿ | 23.3181 | Thai Baht |
Financial News & Information
| APRA's Capital Reforms: A Boost for Retirement Income Products Fri, 22 May: The Australian Prudential Regulation Authority (APRA) has recently finalised amendments to its prudential standards concerning the capital treatment of longevity products, including annuities. This move is designed to strengthen the market for retirement income products, offering Australians more robust financial options in their later years. - read more
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| Surge in Mental Health Claims Reshapes Australian Life Insurance Landscape Fri, 22 May: Recent data reveals a significant shift in the Australian life insurance sector, with mental health-related claims now accounting for nearly half of all payouts. In 2024, life insurers disbursed a record $2.2 billion for claims associated with mental illnesses, marking a substantial increase from $1.2 billion five years prior. - read more
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| Cbus Penalised $23.5 Million for Delays in Processing Insurance Claims Fri, 22 May: In a significant development within the Australian superannuation sector, Cbus, one of the nation's largest super funds, has been ordered to pay a $23.5 million fine after admitting to breaches in the timely processing of death and disability insurance claims. This penalty underscores the critical importance of efficient claims handling processes within superannuation funds. - read more
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| Tasmanian Government Overhauls TasInsure Strategy Fri, 22 May: The Tasmanian government has announced a significant shift in its approach to the TasInsure initiative, moving away from establishing a state-owned insurance company to creating a not-for-profit statutory authority aimed at overseeing and supporting the insurance ecosystem. This decision marks a departure from the government's 2025 election promise to offer affordable insurance directly to Tasmanians through a state-owned entity. - read more
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| How Keyperson Insurance Can Safeguard Your Farm's Future Keyperson insurance is a specialized type of business insurance designed to protect companies from the financial repercussions of losing a critically important team member. This type of insurance provides a payout that can help stabilize the business during the transition period following the loss of a key individual. In the context of farming, this might include someone who holds a unique skill set, deep agricultural knowledge, or critical business acumen that drives the success of the farm. - read more
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| Business Insurance Essentials: What Every Australian Entrepreneur Should Know Running a business comes with its fair share of risks and challenges. From natural disasters to employee injuries, there's a lot that can go wrong. This is why having the right business insurance is crucial for any Australian entrepreneur. - 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 Tradies 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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