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Last Updated: Saturday, 16th May, 6:25AM
| ASX All Ords | 8870.6 | -0.16% |
| ASX 200 | 8630.8 | -0.11% |
| NZX 50 | 12965.01 | -0.46% |
| Dow Jones | 49526.17 | -1.07% |
| NASDAQ | 26225.145 | -1.54% |
| FTSE | 10195.37 | -1.71% |
| Hang Seng | 25962.73 | -1.62% |
| NIKKEI 225 | 61409.29 | -1.99% |
| DAX | 23950.57 | -2.07% |
Last Updated: Saturday, 16th May, 6:25AM
| Oil | 101.49 | +4.72% |
| Gold | 4542 | -3.06% |
| Silver | 76.245 | -10.64% |
| S&P Futures | 7439.25 | -1.15% |
| Dow Futures | 49749 | -0.81% |
| NASDAQ Fut. | 29176.5 | -1.72% |
| Russell2000 | 2823.5 | -1.60% |
| 10YR Bonds | 4.595 | +3.00% |
| Vix | 19.03 | +10.25% |
Last Updated: Saturday, 16th May, 5:25AM
| USD | $ | 0.7152 | United States Dollars |
| GBP | £ | 0.5369 | British Pounds |
| EUR | € | 0.6155 | European Union Euros |
| JPY | ¥ | 113.5285 | Japanese Yen |
| NZD | $ | 1.2244 | New Zealand Dollars |
| CAD | $ | 0.9837 | Canadian Dollars |
| CNY | 元 | 4.8750 | Chinese Yuan |
| IDR | Rp | 12487.9158 | Indonesian Rupiah |
| THB | ฿ | 23.3308 | Thai Baht |
Financial News & Information
| Upcoming Changes to Electric Vehicle Tax Exemptions in Australia Fri, 15 May: The Australian government has announced a phased reduction of the Fringe Benefits Tax (FBT) exemption for electric vehicles (EVs), aiming to save $1.7 billion over four years. This decision comes as the cost of the exemption has significantly exceeded initial forecasts, reaching an estimated $1.35 billion this financial year, up from the originally projected $90 million. - read more
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| New Partnership Offers Discounted Loans for Electric Vehicle Buyers Fri, 15 May: The Clean Energy Finance Corporation (CEFC) has committed $100 million to a partnership with Volkswagen Financial Services Australia (VWFS) to make electric vehicles (EVs) more accessible to Australian consumers and businesses. This initiative aims to lower the financial barriers associated with EV ownership by offering discounted financing options for both new and used eligible EVs across multiple brands. - read more
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| Surge in Electric Vehicle Financing Reflects Growing Australian Market Fri, 15 May: The Australian Finance Industry Association (AFIA) has reported a significant surge in financing for electric and hybrid vehicles, reaching $7.37 billion in 2025. This represents a 20% increase compared to the previous year, highlighting a robust demand for cleaner transportation options among Australian consumers and businesses. - read more
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| Leadership Shake-Up at Chubb and AIG Australia Fri, 15 May: In a significant development within the Australian insurance sector, Chubb and AIG have announced notable changes in their leadership teams. Chubb's Country President for Australia and New Zealand, Ben Howell, and AIG Australia CEO, Kathleen Warden, are both stepping down from their respective roles. These departures mark a period of transition for both companies as they navigate the evolving insurance landscape. - read more
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| Tailored Insurance Solutions: Meeting the Unique Needs of Tradespeople Tailored insurance solutions are customised insurance plans that cater to the specific needs and circumstances of individuals and businesses. Unlike traditional, one-size-fits-all policies, tailored solutions provide flexibility and detailed coverage options that align with the unique risks and demands of various professions, including tradespeople. - read more
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| Understanding Commercial Vehicle Insurance: A Guide for Australian Tradespeople Commercial vehicle insurance is a specialised type of coverage designed to protect vehicles used for business purposes. It covers a wide range of potential risks including accidents, theft, and damage, ensuring the vehicles vital to your work are adequately protected. This form of insurance is tailored specifically to mitigate the risks associated with using vehicles for trade and business, offering peace of mind to business owners. - read more
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| A Guide to Choosing Income Protection Insurance for Tradespeople Income protection insurance is a vital safety net for those who earn their livelihood through skilled trades. It is designed to replace a portion of your income if you're unable to work due to illness or injury, ensuring that you can meet your financial obligations while you recover. This type of insurance provides peace of mind, knowing that even if the unexpected happens, your bills can still be paid and your lifestyle maintained. - read more
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| Choosing the Right Public Liability Policy: Tips for Australian Tradespeople Public liability insurance is a type of coverage designed to protect businesses and their owners against claims that may arise from accidents or injuries that occur on their business premises or as a direct result of their business activities. For tradespeople, these policies can cover incidents such as property damage or personal injury to a customer or member of the public. - read more
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