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Last Updated: Friday, 8th May, 7:25PM
| ASX All Ords | 8980.5 | -1.39% |
| ASX 200 | 8744.4 | -1.51% |
| NZX 50 | 13175.13 | -0.72% |
| Dow Jones | 49596.97 | -0.63% |
| NASDAQ | 28563.947 | -0.12% |
| FTSE | 10223.63 | -0.52% |
| Hang Seng | 26393.71 | -0.87% |
| NIKKEI 225 | 62713.65 | -0.19% |
| DAX | 24470.34 | -0.78% |
Last Updated: Friday, 8th May, 7:25PM
| Oil | 94.37 | -0.46% |
| Gold | 4727.6 | +0.35% |
| Silver | 80.845 | +0.83% |
| S&P Futures | 7399.25 | +0.49% |
| Dow Futures | 49854 | +0.31% |
| NASDAQ Fut. | 28883.75 | +0.70% |
| Russell2000 | 2860.4 | +0.40% |
| 10YR Bonds | 4.392 | +0.83% |
| Vix | 17.05 | -0.18% |
Last Updated: Friday, 8th May, 5:25PM
| USD | $ | 0.7230 | United States Dollars |
| GBP | £ | 0.5320 | British Pounds |
| EUR | € | 0.6155 | European Union Euros |
| JPY | ¥ | 113.3705 | Japanese Yen |
| NZD | $ | 1.2139 | New Zealand Dollars |
| CAD | $ | 0.9870 | Canadian Dollars |
| CNY | 元 | 4.9165 | Chinese Yuan |
| IDR | Rp | 12545.8719 | Indonesian Rupiah |
| THB | ฿ | 23.3126 | Thai Baht |
Financial News & Information
| Europ Assistance Australia Now Underwriting Its Own Travel Insurance Policies Thu, 07 May: In a significant development for the Australian travel insurance sector, Europ Assistance Australia (EAA) has been granted a general insurance licence by the Australian Prudential Regulation Authority (APRA). This authorisation enables EAA to underwrite its own travel insurance products, marking a pivotal step in its commitment to the Australian market. - read more
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| ATIA Pushes for Permanent Travel Insurance Sales Rights for Agents Thu, 07 May: The Australian Travel Industry Association (ATIA) is intensifying its efforts to secure a permanent authorisation for travel agents, tour operators, and accredited travel businesses to sell travel insurance at the time of booking. This initiative follows an exemption granted in 2021, which is set to expire in October 2026. - read more
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| Nib Divests World Nomads International Travel Insurance to Focus on Core Health Services Thu, 07 May: In a strategic move to concentrate on its core health insurance operations, Nib Holdings has entered into a binding agreement to sell its World Nomads international travel insurance business to International Medical Group (IMG) for a cash consideration of $67.5 million. This transaction is subject to regulatory approvals and customary conditions, with the majority of proceeds expected within the current calendar year. - read more
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| ACCC Halts IAG's Proposed Acquisition of RAC Insurance Thu, 07 May: The Australian Competition and Consumer Commission (ACCC) has intervened to block Insurance Australia Group's (IAG) proposed $1.35 billion acquisition of RAC Insurance, citing significant concerns over reduced competition in Western Australia's insurance sector. This decision underscores the regulator's commitment to maintaining a competitive market landscape, particularly in essential household insurance lines. - 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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