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Last Updated: Saturday, 6th December, 7:25PM
| ASX All Ords | 8926.1 | +0.22% |
| ASX 200 | 8634.6 | +0.19% |
| NZX 50 | 13483.99 | -0.23% |
| Dow Jones | 47954.99 | +0.22% |
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Last Updated: Saturday, 6th December, 7:25PM
| Oil | 60.14 | +0.79% |
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| Silver | 58.8 | +3.44% |
| S&P Futures | 6869.75 | +0.04% |
| Dow Futures | 47917 | +0.00% |
| NASDAQ Fut. | 25652.5 | +0.12% |
| Russell2000 | 2531.7 | -0.15% |
| 10YR Bonds | 4.139 | +0.75% |
| Vix | 15.96 | -0.75% |
Last Updated: Saturday, 6th December, 5:25PM
| USD | $ | 0.6629 | United States Dollars |
| GBP | £ | 0.4974 | British Pounds |
| EUR | € | 0.5693 | European Union Euros |
| JPY | ¥ | 102.9510 | Japanese Yen |
| NZD | $ | 1.1475 | New Zealand Dollars |
| CAD | $ | 0.9159 | Canadian Dollars |
| CNY | 元 | 4.6869 | Chinese Yuan |
| IDR | Rp | 11063.8043 | Indonesian Rupiah |
| THB | ฿ | 21.1222 | Thai Baht |
| Netstrata's Undisclosed Commissions and Conflicts of Interest Revealed Sat, 06 Dec: In February 2025, an independent review conducted by McGrathNicol uncovered significant issues within Netstrata, a prominent strata management company. The investigation revealed that Netstrata failed to disclose commissions and did not obtain multiple quotes for services, potentially breaching legal obligations. Additionally, the review identified undisclosed personal relationships between Netstrata employees and suppliers, raising serious concerns about conflicts of interest. - read more
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| NSW Fair Trading Revokes Strata Licences Due to Insurance Failures and Misconduct Sat, 06 Dec: In May 2025, NSW Fair Trading took decisive action against Result Strata Management Pty Ltd and its General Manager, Michael Lee, by permanently revoking their licences to operate in the state's strata management sector. This move followed an investigation that uncovered multiple breaches of the Property and Stock Agents Act 2002, highlighting significant misconduct within the company. - read more
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| CHU's 2025 Strata Market Report: Stability Amidst Climate and Regulatory Challenges Sat, 06 Dec: In November 2025, CHU, Australia's largest strata insurance underwriting agency, released its 2025 State of the Strata Market report, providing a comprehensive analysis of the current trends and challenges within the strata industry. The report offers valuable insights into premium trends, climate-related risks, regulatory developments, and emerging sector challenges. - read more
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| Rising Insurance Costs Amidst Climate Change: What Homeowners Need to Know Sat, 06 Dec: Australian homeowners are experiencing significant increases in home insurance premiums, largely due to the escalating risks associated with climate change. Recent analyses reveal a national average premium hike of 14%, translating to an additional $343 annually for policyholders. This trend underscores the growing financial burden on homeowners as extreme weather events become more frequent and severe. - 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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