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Last Updated: Thursday, 29th May, 4:25AM
| ASX All Ords | 8624.9 | -0.08% |
| ASX 200 | 8396.9 | -0.13% |
| NZX 50 | 12362.26 | -1.75% |
| Dow Jones | 42343.65 | +1.78% |
| NASDAQ | 19205.38 | +0.03% |
| FTSE | 8778.05 | +0.69% |
| Hang Seng | 23261.8 | -0.51% |
| NIKKEI 225 | 37722.4 | +0.00% |
| DAX | 24226.49 | +0.83% |
Last Updated: Thursday, 29th May, 4:25AM
| Oil | 62.08 | +1.95% |
| Gold | 3297.4 | -0.09% |
| Silver | 33.16 | -0.45% |
| S&P Futures | 5941.25 | +0.12% |
| Dow Futures | 42415 | +0.01% |
| NASDAQ Fut. | 21514.5 | +0.25% |
| Russell2000 | 2095.1 | +0.07% |
| 10YR Bonds | 4.481 | +1.06% |
| Vix | 19.04 | +0.42% |
Last Updated: Wednesday, 28th May, 5:25PM
| USD | $ | 0.6438 | United States Dollars |
| GBP | £ | 0.4777 | British Pounds |
| EUR | € | 0.5694 | European Union Euros |
| JPY | ¥ | 92.8553 | Japanese Yen |
| NZD | $ | 1.0751 | New Zealand Dollars |
| CAD | $ | 0.8906 | Canadian Dollars |
| CNY | 元 | 4.6289 | Chinese Yuan |
| IDR | Rp | 10473.9822 | Indonesian Rupiah |
| THB | ฿ | 21.0394 | Thai Baht |
Financial News & Information
| Insurer Ordered to Refund GAP Premium After Unfair Sale Wed, 28 May: A significant decision has been made as an insurer, Eric Insurance, is required to refund a consumer for a Guaranteed Asset Protection (GAP) policy deemed unfairly sold 13 years ago. The policy stemmed from a $31,000 vehicle loan, and the consumer argued that misleading practices influenced this purchase. - read more
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| Australians Seek Financial Guidance Amid Rising Cost Pressures Wed, 28 May: Colonial First State (CFS) has released new findings underscoring the financial strain Australians are facing due to prolonged elevated living costs. A survey involving 2,250 respondents highlighted that many individuals are having to forsake long-term financial aspirations to address immediate financial pressures. - read more
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| Younger Aussies Anticipate Extended Work Lives into Their 70s Wed, 28 May: New insights from People2People reveal that younger Australians are gearing up for longer careers, expecting to remain in the workforce well into their seventies. This trend starkly contrasts with previous generations, such as Baby Boomers, who managed to retire with more confidence in their financial security. - read more
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| The Australian Suburbs Offering Cheaper Mortgages Than Rent Wed, 28 May: New research highlights that young Australians might find it more economical to service a mortgage than pay rent in over a thousand housing and unit markets across the nation. Conducted by Ubank, the study reveals a significant disparity, as rent prices have skyrocketed 39% over five years, reaching a median of $659 weekly, compared to a median mortgage repayment of $922. - read more
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| Top 5 Financial Tips for Australian Young Families Starting a family is one of life's most rewarding experiences, but it also comes with a unique set of financial challenges. For young families in Australia, where the cost of living can rise quickly, having a solid financial plan is crucial. Financial planning is not just about managing money; it's about creating a sense of security and peace of mind for your loved ones. - read more
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| Investing 101: A Beginner's Guide for Australian Adults Investing can initially seem daunting, but it’s essentially the act of allocating money with the expectation of generating an income or profit over time. It's important because investing offers the potential for your money to grow and outpace inflation, ensuring you have a secure financial future. - read more
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| Maximise Your Superannuation: Strategies for a Comfortable Retirement Superannuation, commonly known as 'super,' is a crucial part of planning for a comfortable retirement. It serves as a long-term savings measure, gradually increasing in value to support you once you stop working. But what exactly is superannuation? - read more
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| How Much Life Insurance Do I Need? There are many different reasons to purchase life insurance (generation skipping tax, estate plan, estate preservation, surviving spouse needs, planning for your children's future and more). There is no right amount of life insurance, but here are some guidelines that might help you decide how much life insurance you need. - read more
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