Federal Budget 2020/21

On Tuesday 6 October, Treasurer Josh Frydenberg handed down the 2020/21 Federal Budget, which was one of the most eagerly anticipated Budgets in recent memory given the economic impacts felt across the country in the wake of the ongoing COVID-19 situation. Some described it as the most important Budget since World War II, given the rising levels of national debt and unemployment that we have witnessed in the past eight…  Read more

JobMaker Hiring Credit

The Government has introduced a JobMaker Hiring Credit to incentivise businesses to take on additional young job seekers. From 7 October 2020, eligible employers are able to claim $200 a week for each additional eligible employee they hire aged 16 to 29 years old and $100 a week for each additional eligible employee aged 30 to 35 years old. New jobs created until 6 October 2021 will attract the credit…  Read more

Why You Need a COVID-19 Financial Plan

Countries in recession, unemployment rates rising, multiple economic indicators at their all-time lows, increased market volatility– these are just some of the economic impacts we’re seeing as a result of the pandemic. As we continue to battle the COVID-19 crisis, it is important for everyone, especially those who have had their income stream affected, to keep their finances in check and proactively find ways to navigate to recovery. By creating…  Read more

JobKeeper and JobSeeker Changes: What You Need To Know

The Australian Government announced that JobKeeper and JobSeeker payments will be extended, with changes starting on 28 September 2020. Below is a rundown of the changes to expect on these support schemes and you can also download our detailed JobKeeper 2.0 Guide. Changes to JobKeeper The JobKeeper scheme will continue until 28 March 2021. The extension of the scheme will operate in two separate periods: Extension 1: 28 September 2020…  Read more

Webinar: The 21st Century Black Swan Event – implications and opportunities for Australian investors

We collaborated with one of our independent investment partners, Morningstar, to bring you an investment briefing webinar “The 21st century black swan event – what are the implications and opportunities for Australian investors?”. Delivered by Clint Abraham, Portfolio Specialist at Morningstar, this webinar provides insight into the current economic climate, given the impact of a global pandemic. Clint explains what a black swan event is, shares insights into what could…  Read more

Pandemic Preparedness Tips for Your Business

The COVID-19 pandemic has caught most of us off guard. Who would’ve thought that the world would spend the year battling a virus? This unprecedented global crisis is a reminder that these business threats are very real and acts as a wake-up call for business leaders. Even if the scenario may seem far-fetched, it pays to prepare for the worst. When a pandemic hits, businesses play a crucial role in…  Read more

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