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Last Updated: Wednesday, 6th May, 9:25AM
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Last Updated: Wednesday, 6th May, 9:25AM
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Last Updated: Wednesday, 6th May, 5:25AM
| USD | $ | 0.7188 | United States Dollars |
| GBP | £ | 0.5305 | British Pounds |
| EUR | € | 0.6144 | European Union Euros |
| JPY | ¥ | 113.4810 | Japanese Yen |
| NZD | $ | 1.2202 | New Zealand Dollars |
| CAD | $ | 0.9789 | Canadian Dollars |
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| IDR | Rp | 12521.1476 | Indonesian Rupiah |
| THB | ฿ | 23.3891 | Thai Baht |
| ACCC Halts IAG's Bid to Acquire RAC WA's Insurance Division Tue, 05 May: The Australian Competition and Consumer Commission (ACCC) has recently opposed Insurance Australia Group's (IAG) proposed acquisition of the Royal Automobile Club of Western Australia's (RAC WA) insurance division. This decision stems from concerns that the merger would significantly reduce competition within Western Australia's insurance market, potentially leading to higher premiums for consumers. - read more
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| Unprecedented Rise in Mental Health Insurance Claims Challenges Super Funds Tue, 05 May: Australia is witnessing a significant increase in mental health-related insurance claims, particularly within superannuation funds. This surge has led to calls for more efficient processing and faster payouts to support individuals facing mental health challenges. - read more
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| APRA Urges Immediate Investment in Extreme Weather Mitigation Strategies Tue, 05 May: The Australian Prudential Regulation Authority (APRA) has released a pivotal report in 2026, emphasising the urgent need for substantial action and investment to shield communities from the increasing impacts of extreme weather events. The Insurance Climate Vulnerability Assessment (ICVA) serves as a stress test, modelling potential future scenarios rather than forecasting specific outcomes. However, the risks outlined are already becoming evident, reinforcing the insurance industry's calls for urgent intervention to mitigate extreme weather risks. - read more
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| AUSactive's New Insurance Offering: Comprehensive Protection at Reduced Costs Tue, 05 May: In a significant development for the fitness industry, AUSactive has unveiled a new insurance product specifically designed for exercise and active health professionals. This initiative, developed in partnership with global insurance broker Marsh, aims to provide enhanced protection while offering lower premiums compared to existing market options. - read more
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| Share Market Basics: General Information on Shares, Dividends and Market Risks The share market, commonly known as the stock market, is a marketplace where shares of publicly listed companies are bought and sold. It can support the economy by helping companies raise capital and by allowing investors to buy and sell ownership interests in listed companies. - read more
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| A General Guide to How Investing Works Welcome to our general guide on how investing works! Whether you're just starting to think about investing or looking to refine your approach, understanding the basics can help improve financial literacy and support more informed decision-making. Let's unravel the essentials of investing to help you better understand common investing concepts. - read more
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| How to Prepare for a Smooth Refinance Experience Mortgage refinancing refers to the process of replacing your existing home loan with a new one, typically under different terms. Essentially, you're paying off your old mortgage with a new loan. This can be an extremely useful financial maneuver, allowing homeowners to benefit from better interest rates or change their loan type to suit their current needs. - read more
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| Choosing the Right Lender: Maximising Your Benefits in Mortgage Refinancing Mortgage refinancing involves replacing your current home loan with a new one, often to benefit from better terms. This financial maneuver is commonly pursued to seize lower interest rates, reduce monthly payments, or alter the loan term. It can also provide cash by tapping into the equity you've built up in your home. - read more
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