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Last Updated: Tuesday, 24th June, 3:25PM
| ASX All Ords | 8769.6 | +0.94% |
| ASX 200 | 8551.4 | +0.90% |
| NZX 50 | 12467.48 | -0.52% |
| Dow Jones | 42581.78 | +0.89% |
| NASDAQ | 21856.33 | +1.06% |
| FTSE | 8758.04 | -0.19% |
| Hang Seng | 24198.32 | +2.15% |
| NIKKEI 225 | 38811.99 | +1.19% |
| DAX | 23269.01 | -0.35% |
Last Updated: Tuesday, 24th June, 3:25PM
| Oil | 66.54 | -2.88% |
| Gold | 3357.6 | -1.10% |
| Silver | 36.1 | -0.24% |
| S&P Futures | 6113.5 | +0.60% |
| Dow Futures | 43121 | +0.51% |
| NASDAQ Fut. | 22258.5 | +0.84% |
| Russell2000 | 2169.6 | +0.94% |
| 10YR Bonds | 4.32 | -1.26% |
| Vix | 19.83 | -3.83% |
Last Updated: Tuesday, 24th June, 5:25AM
| USD | $ | 0.6456 | United States Dollars |
| GBP | £ | 0.4773 | British Pounds |
| EUR | € | 0.5577 | European Union Euros |
| JPY | ¥ | 94.3286 | Japanese Yen |
| NZD | $ | 1.0809 | New Zealand Dollars |
| CAD | $ | 0.8872 | Canadian Dollars |
| CNY | 元 | 4.6332 | Chinese Yuan |
| IDR | Rp | 10611.8598 | Indonesian Rupiah |
| THB | ฿ | 21.1240 | Thai Baht |
Financial News & Information
| ETF Market Set to Reach $300 Billion Milestone Amid Shifting Investor Preferences Tue, 24 Jun: The Australian Exchange Traded Fund (ETF) market is experiencing a significant upsurge, with total assets under management (AUM) projected to reach $300 billion by the end of this year. This growth reflects a broader trend where investors are moving away from active management to embrace more cost-effective investment strategies. Analysts expect this momentum to continue, with the market potentially reaching $1 trillion by 2030. - read more
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| Act Now: Key End of Financial Year Super Contribution Info Tue, 24 Jun: As the end of the financial year looms, Australians, particularly high-income earners, should pay close attention to their superannuation contributions. With the June 30 deadline approaching, it's crucial to understand the timing involved in super contributions. Despite advancements in electronic transfers, delays can occur, potentially impacting your contributions' credit to the current tax year. June signals a time for strategic financial planning, including taking advantage of superannuation strategies for tax efficiency. - read more
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| Victoria's Growing Debt Crisis: A Financial Balancing Act Tue, 24 Jun: Victoria's financial health is deteriorating, with its net debt projected to skyrocket from $22.3 billion in 2015 to $194 billion by 2028-29. This staggering growth is matched by an increase in net debt per capita, which was under $3,600 at the start of the Labor government in 2015, but is forecasted to reach $25,500 by 2028-29. - read more
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| Code Watchdog Criticises Insurer for Misleading Rejection Letters Tue, 24 Jun: The Life Code Compliance Committee has recently reprimanded a life insurance provider for issuing misleading rejection letters to policy applicants. These letters were deemed 'ambiguous and contradictory' and failed to clearly inform applicants of their review options after being denied coverage. - read more
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| Hospitality Insurance Costs for Australian Businesses Hospitality insurance is a specialised form of business insurance designed for Australian establishments such as restaurants, cafés, hotels, and bars. It plays a crucial role in helping businesses manage risk and safeguard against unexpected events that can disrupt operations or cause financial loss. For those operating within the hospitality sector, having the right insurance coverage is not just a precaution—it’s often a requirement for compliance and ongoing business stability. - 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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| Cafe insurance Australia explained: policies, costs and coverage options Cafe insurance in Australia is designed to protect café owners from the unique risks faced in the hospitality industry. At its core, a standard cafe insurance policy typically includes a mix of essential protections to guard against property damage, theft, equipment breakdown, and liability claims. These policies are specifically tailored to address the daily realities of running a café, where accidents, equipment failure, or legal claims can quickly disrupt business operations. - read more
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| Managing risk and compliance in an Australian cafe business Managing risk and compliance is a crucial part of operating a successful Australian cafe. From the moment you open your doors, you’re responsible for the safety of your customers, staff, and business assets. Proactively addressing potential risks can help protect your cafe from costly incidents and ensure you’re meeting legal and industry standards. In an industry where customer experience is everything, staying on top of compliance helps build trust and credibility in your local community. - read more
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