Boost to mental health services, domestic violence support and Medicare assistance
April 20, 2020
The Government released further funding on March 29 to support the secondary effects of the health and economic impact of the coronavirus. This package is designed to provide care and…
Early childhood education and care subsidy
April 20, 2020
Child care and early childhood education is critical for families who rely on it so they can continue to work throughout this ongoing crisis, particularly those who are working in…
Accelerated depreciation deductions to benefit businesses
April 20, 2020
The Government has accelerated depreciation deductions for the next 15 months. Up until June 30, 2021, businesses turning over less than $500 million will be able to deduct 50 per…
Support for business investment
April 20, 2020
The government is loosening the criteria around the instant asset write-off. Pre-Coronavirus, businesses with a turnover of up to $50 million could instantly write-off the purchase of assets costing up…
Economic Stimulus Package – JobSeeker or JobKeeper
April 20, 2020
In a rapidly evolving response to the spread of COVID-19, the Federal Government announced in March a new suite of welfare packages to help Australians who’ve found themselves out of…
Economic Stimulus Package – Payments to love income households and pensioners
April 20, 2020
As part of the Government’s series of measures to support the economy and individuals through the Coronovirus crisis, Newstart recipients, age pensioners and veterans are being provided with a one-off…
Economic Stimulus Package – What it means for pensioners
April 20, 2020
Federal Government’s second support package announced March 22, flicked the switch to more income support for retirees. Retirees affected by falling superannuation balances and deeming rates out of line with…
Economic Stimulus Package – What it means for self-funded retirees
April 20, 2020
Federal Government’s second support package announced on March 22 offered assistance for self-funded retirees. Minimum drawdown rates for account-based pensions and similar products will be halved for the 2020 and…
JobKeeper Payment now officially passed by the Government
April 14, 2020
On April 8th, the JobKeeper package was passed by both sides of Parliament and legislated. This update offers further guidance on the scheme. Workers with multiple jobs If you are…
5 Tips to work productively remotely
April 14, 2020
In the current climate, many businesses are needing to make changes to accommodate staff working remotely. If you are able to work from home the ensuing changes to your work…
Temporary Access to Super
April 14, 2020
As part of the measures taken by the government to support those impacted by COVID-19 some people will be able to access up to $10,000 of their super between now…
Making peace with the unknown
April 14, 2020
Life constantly challenges us with unknowns, yet some of these hit closer to home and harder than others in their impact. The coronavirus is unprecedented in our lifetimes, so we…
Temporary Relief for Financially Distressed Businesses
April 14, 2020
The coronavirus is first and foremost a health crisis, but as measures are being taken to reduce the spread of the virus throughout the community, many profitable businesses may temporarily…
Where to seek advice in uncertain times
April 14, 2020
With the ongoing escalation of the COVID-19 crisis many people are struggling. Huge changes are happening and we’re all being affected, socially, emotionally and financially. If your ability to work…
Coronavirus and Stimulus Packages
April 6, 2020
In these unprecedented times, we have seen an unprecedented response by both Commonwealth and State governments in efforts to keep the economy moving along, as well as keeping people livelihoods…
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