Approaching the dawn

COVID-19 has completely, and mercilessly, dictated the direction of economies and financial markets through most of this year. So, as we rapidly approach the end of an extremely unpredictable and volatile year, what’s in store for 2021? It should come as no great surprise that the global economic outlook and the likely behaviour of financial … Read more

Market outlook Q&A – some answers to common questions being raised by clients

Have markets disconnected from the real economy? Not necessarily. Share markets invariably lead the economic cycle. Shares led the coronavirus hit to the global economy when they plunged 35% into March. The rebound since then reflects the combination of government measures to minimise the economic damage, ultra-low interest rates which have made shares cheap, some … Read more

JobKeeper payment Update

22 July 2020 You, or someone you know, may have had a change in circumstances and may need support. We have put together some information to help you navigate these uncertain times and to answer some frequently asked questions. Note: The following outlines the original JobKeeper payment as well as the extension announced by the … Read more

Quarterly Economic Update: April-June 2020

During the last quarter one story has dominated the news – COVID-19. By the end of June at least 10 million people had contracted the disease, and over 500,000 had died. With 8,000 cases and 104 deaths, Australia was amongst the countries that have been most successful in limiting its spread. However, this success came … Read more

5 tips to survive a decline in income

Since precautionary measures were heightened to slow the spread of COVID-19, almost 1 million Australians have lost their jobs. According to the Australian Bureau of Statistics, Australia lost 7.5 per cent of its jobs between 14 March and 18 April. If you’re one of the many Australians who has lost their job, it’s understandable that … Read more

What to consider when withdrawing your super early

As the COVID-19 virus took a sledgehammer to the economy, the federal government rapidly introduced a range of initiatives to help individuals who lost income as a result of the measures taken to control the virus. One of those initiatives was to allow qualifying individuals access to a portion of their superannuation to help them … Read more

Your health and wealth during the COVID-19 pandemic

There isn’t a single person in the world who hasn’t been impacted by COVID-19. As new case numbers start to slow in Australia, so too is our economy. This time presents new challenges as everyone gets used to a “new normal” and figures out the best way to weather the coming months. This article provides … Read more

Coronavirus update – JobKeeper payment Q&A, access to super update and JobSeeker allowance changes.

On 30 March 2020, the Government announced some changes as part of the next stage of the stimulus package. These include: the introduction of the JobKeeper payment, and a change to the income assessment of partner’s income for JobSeeker allowance. At the time of the announcement, legislation had not been drafted. We expect more detail … Read more

Stimulus Relief Package Information Update

Introduction The Government is acting decisively in the national interest to support households and businesses and address the significant economic consequences of the Coronavirus (COVID-19) The response targets two areas; Individuals and households Support for businesses For retirees on Centrelink, much of this will be processed as part of your payment. Remember if your situation … Read more

Stimulus relief package and what this could mean for you

A number of measures have been announced to support Australians and the economy in response to the Coronavirus. We have put together some information to summarise the key measures and to assist you in understanding the help that could be available to you. When will these announced measures be implemented? The Government wishes to implement … Read more

Q&A: Key money matters for uncertain times

The COVID-19 crisis that Australia and the rest of the world is coming to grips with has caused immense concern for many of us. You, or someone you know, may have questions or concerns that relate to financial matters, such as accessing super, managing income stream payments, applying for social security entitlements, aged care bonds … Read more