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Financial Markets
Last Updated: Monday, 23rd June, 1:25PM
| ASX All Ords | 8668.4 | -0.63% |
| ASX 200 | 8455.1 | -0.59% |
| NZX 50 | 12508.44 | -0.48% |
| Dow Jones | 42206.82 | +0.08% |
| NASDAQ | 21626.387 | -0.43% |
| FTSE | 8774.65 | -0.20% |
| Hang Seng | 23508.38 | -0.09% |
| NIKKEI 225 | 38175.63 | -0.59% |
| DAX | 23350.55 | +1.27% |
Last Updated: Monday, 23rd June, 1:25PM
| Oil | 74.98 | +1.54% |
| Gold | 3378.4 | -0.22% |
| Silver | 36.035 | +0.05% |
| S&P Futures | 5999.5 | -0.31% |
| Dow Futures | 42373 | -0.33% |
| NASDAQ Fut. | 21758 | -0.40% |
| Russell2000 | 2117.2 | -0.36% |
| 10YR Bonds | 4.375 | -0.50% |
| Vix | 20.62 | -6.99% |
Last Updated: Monday, 23rd June, 5:25AM
| USD | $ | 0.6452 | United States Dollars |
| GBP | £ | 0.4777 | British Pounds |
| EUR | € | 0.5600 | European Union Euros |
| JPY | ¥ | 94.2914 | Japanese Yen |
| NZD | $ | 1.0820 | New Zealand Dollars |
| CAD | $ | 0.8860 | Canadian Dollars |
| CNY | 元 | 4.6320 | Chinese Yuan |
| IDR | Rp | 10609.3399 | Indonesian Rupiah |
| THB | ฿ | 21.1436 | Thai Baht |
Financial News & Information
| US Involvement in Israel-Iran Conflict Sparks Financial Market Concerns Mon, 23 Jun: The escalating likelihood of the United States engaging militarily in the Israel-Iran conflict has raised alarm among investors, potentially leading to significant market volatility. This concern was highlighted by the global financial advisory firm, deVere Group, as tensions heighten in the Middle East. - read more
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| Industry Groups Challenge APRA's Role in Board Appointments Mon, 23 Jun: The Australian Prudential Regulation Authority (APRA) faces increased scrutiny over its proposed involvement in appointing board members for significant financial institutions and superannuation boards. CPA Australia and CA-ANZ, leading accounting bodies, have requested details from APRA about whether it has historically participated in board appointment processes. - read more
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| Global Markets Brace for Oil Price Surge Following US Strike on Iran Mon, 23 Jun: The recent US military attack on Iranian nuclear facilities has raised expectations of a significant oil price spike as global markets prepare to resume trading. Announced by former President Donald Trump, the attack marks an increased US involvement in the Middle East, which analysts believe could lead to heightened volatility across financial markets. - read more
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| Insurer Ordered to Pay Full Claim for Confusing Patio Coverage Mon, 23 Jun: A recent ruling mandates that an insurer must fully honor a storm-related claim due to ambiguous policy wording regarding items in open areas. The Australian Financial Complaints Authority (AFCA) determined that the insurer's restriction on coverage for items in a patio area was unfounded, as the policy's phrasing was not clear. - read more
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| Understanding Cafe Insurance in Australia: What Owners Need to Know Running a cafe in Australia comes with unique risks and responsibilities, making the right insurance essential for business protection and compliance. Before opening your doors, it’s important to understand the legal insurance requirements for cafes. In most states, public liability insurance is strongly recommended—sometimes even mandatory—if you employ staff or serve food to the public. This coverage helps safeguard your business if someone is injured on your premises or their property is damaged due to your operations. - read more
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| Steps to start a coffee shop in Australia with confidence Starting a coffee shop in Australia is an exciting venture, but it’s essential to ensure you’re protected from day one. One of the first steps is to understand the necessary cafe insurance policies required to safeguard your new business. Insurance isn’t just a box to tick—it’s a fundamental part of running a responsible, resilient coffee shop. - read more
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| Is Hospitality Insurance Mandatory for Australian Businesses? Operating within the hospitality industry in Australia comes with a unique set of responsibilities, particularly when it comes to insurance. While hospitality insurance is not universally mandated by law for every business, certain types of cover—such as workers compensation and public liability—are legally required depending on your state or territory. For example, if you employ staff, workers compensation insurance is compulsory across Australia. - read more
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| What Does Hospitality Insurance Typically Cover in Australia? Hospitality insurance is a tailored type of business insurance designed specifically for businesses operating within the Australian hospitality sector. This includes restaurants, hotels, cafes, bars, and other venues providing food, drink, or accommodation services. At its core, hospitality insurance offers protection against a range of risks unique to the industry, helping businesses safeguard their assets, reputation, and livelihood. - read more
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