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Last Updated: Friday, 22nd August, 6:25AM
| ASX All Ords | 9284.2 | +1.16% |
| ASX 200 | 9019.1 | +1.13% |
| NZX 50 | 13194.07 | +0.94% |
| Dow Jones | 44938.31 | +0.04% |
| NASDAQ | 21100.312 | -0.34% |
| FTSE | 9288.14 | +1.08% |
| Hang Seng | 25120.28 | -0.18% |
| NIKKEI 225 | 42610.17 | -0.65% |
| DAX | 24276.97 | -0.60% |
Last Updated: Friday, 22nd August, 6:25AM
| Oil | 63.42 | +1.13% |
| Gold | 3383 | -0.16% |
| Silver | 38.085 | +0.83% |
| S&P Futures | 6388 | -0.39% |
| Dow Futures | 44834 | -0.36% |
| NASDAQ Fut. | 23227.25 | -0.41% |
| Russell2000 | 2262 | -0.56% |
| 10YR Bonds | 4.33 | +0.79% |
| Vix | 16.42 | +4.65% |
Last Updated: Friday, 22nd August, 5:25AM
| USD | $ | 0.6426 | United States Dollars |
| GBP | £ | 0.4788 | British Pounds |
| EUR | € | 0.5535 | European Union Euros |
| JPY | ¥ | 95.3391 | Japanese Yen |
| NZD | $ | 1.1037 | New Zealand Dollars |
| CAD | $ | 0.8930 | Canadian Dollars |
| CNY | 元 | 4.6166 | Chinese Yuan |
| IDR | Rp | 10507.4797 | Indonesian Rupiah |
| THB | ฿ | 20.9558 | Thai Baht |
Financial News & Information
| Evolving Investment Priorities: Income Takes Centre Stage Among Young Australians Thu, 21 Aug: In a noteworthy shift, the 2023 ASX Australian Investor Study has challenged traditional assumptions about investment priorities across different age groups in Australia. The study reveals that a significant portion of younger investors, specifically those aged between 18 and 49, place a high priority on generating a sustainable income stream. - read more
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| Treasury's Retirement Income Principles Set New Benchmark for Super Funds Thu, 21 Aug: The recent release of the Treasury's proposed best practice principles for retirement income solutions marks a significant potential shift in Australia's superannuation landscape. These guidelines are crafted to guide fund trustees in developing retirement income strategies that provide members with better financial support upon retirement. - read more
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| Summit Considers Comprehensive Tax Reforms with Focus on Negative Gearing Thu, 21 Aug: The Australian federal government's economic reform summit in Canberra is drawing attention with discussions on major tax overhauls, specifically scrutinising negative gearing as part of a broader suite of fiscal reforms. As the three-day summit reaches its final discussions, key elements such as tax reform and budget sustainability are at the forefront. - read more
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| ASIC Calls for Revamp in Life Insurance Sales and Service Thu, 21 Aug: The Australian Securities and Investments Commission (ASIC) has issued a call to action for life insurance companies, urging them to enhance their product offerings and sales processes. While acknowledging some progress since the Hayne Royal Commission, ASIC highlights ongoing issues within the industry. The regulator emphasized the importance of centering strategies around customer needs, particularly as companies aim to expand direct-to-consumer sales. - 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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| How Much Does Restaurant Insurance Cost in Australia? Restaurant insurance cost in Australia can vary widely, largely depending on several key factors unique to each business. Insurers assess elements such as the size of your restaurant, the type of food service, the number of employees, and whether alcohol is served. Additional considerations include your claims history, annual turnover, and the specific risks associated with your operations. These details help insurers determine an appropriate premium for your restaurant business insurance package. - read more
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