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Last Updated: Friday, 18th July, 11:25PM
| ASX All Ords | 9006.8 | +1.30% |
| ASX 200 | 8757.2 | +1.37% |
| NZX 50 | 12880.4 | -0.19% |
| Dow Jones | 44484.49 | +0.52% |
| NASDAQ | 23081.047 | +0.76% |
| FTSE | 8990.36 | +0.20% |
| Hang Seng | 24825.66 | +1.33% |
| NIKKEI 225 | 39819.11 | -0.21% |
| DAX | 24369.49 | -0.01% |
Last Updated: Friday, 18th July, 11:25PM
| Oil | 68.29 | +1.11% |
| Gold | 3366.6 | +0.64% |
| Silver | 38.645 | +0.89% |
| S&P Futures | 6347.75 | +0.11% |
| Dow Futures | 44818 | +0.22% |
| NASDAQ Fut. | 23278.25 | +0.12% |
| Russell2000 | 2280.3 | +0.56% |
| 10YR Bonds | 4.4240003 | -0.87% |
| Vix | 16.35 | -1.03% |
Last Updated: Friday, 18th July, 5:25PM
| USD | $ | 0.6504 | United States Dollars |
| GBP | £ | 0.4813 | British Pounds |
| EUR | € | 0.5597 | European Union Euros |
| JPY | ¥ | 96.7375 | Japanese Yen |
| NZD | $ | 1.0926 | New Zealand Dollars |
| CAD | $ | 0.8936 | Canadian Dollars |
| CNY | 元 | 4.6714 | Chinese Yuan |
| IDR | Rp | 10602.4947 | Indonesian Rupiah |
| THB | ฿ | 21.0658 | Thai Baht |
Financial News & Information
| Investors Advised Against Overvalued Markets Amid Economic Uncertainty Fri, 18 Jul: In a market swayed by trade tensions and geopolitical uncertainties, investors are encouraged to remain cautious of inflated valuations. The mid-year outlook from Schroders warns against ignoring these issues, despite the market's surprising resilience to economic pressures. - read more
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| AustralianSuper Faces Backlash Over Coal Investment Decision Fri, 18 Jul: AustralianSuper, one of Australia's largest superannuation funds, is facing significant backlash from its members after reversing a previous decision to divest from coal mining. Despite previous commitments to achieve net zero emissions, AustralianSuper has invested approximately $395 million in Whitehaven Coal. This move comes after a 2020 decision to divest from the company, and has stirred considerable discontent among members who are committed to sustainable investments. - read more
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| New Zealand's Dramatic Housing Market Shift: What it Means Fri, 18 Jul: New Zealand has undergone a dramatic shift in its housing market. During the COVID-19 pandemic, the country experienced one of the globe's most significant housing price surges, with median home values hitting 11.2 times the median household income, as reported by Demographia. However, this boom has swiftly turned into one of the most substantial housing price declines worldwide, significantly enhancing housing affordability across New Zealand. - read more
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| Gen Z Chooses Buy Now, Pay Later Over Traditional Credit Cards Fri, 18 Jul: Amid shifting financial attitudes, Generation Z in Australia is increasingly abandoning credit cards in favour of buy now, pay later (BNPL) platforms like Afterpay, Klarna, and Zip. This demographic perceives credit cards as financially perilous, partly due to the high interest rates and potential for debt accumulation. A Queenslander, Nat, shared her story of accruing thousands in credit card debt to finance a university laptop, which led to anxiety over her financial future. - 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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