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COVID-19 - The Latest Stimulus Explained

There certainly is a lot of information out in the market regarding assistance and relief available for businesses and individuals who have been impacted by Coronavirus.  While we have been distributing updates on the assistance options available, this post has been created as a comprehensive summary of these as of 30 March 2020 so that you have them all in a single location.

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COVID-19 Stimulus & Support Package Explained

The news around COVID-19 continues to move fast. In the face of tight measures to keep people safe and slow the spread of the virus, Governments are moving to alleviate the impact on individuals and businesses. Sunday’s stimulus had the following measures included.

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Government Response to Coronavirus (COVID-19) - What You Need to Know

We may be in the middle of some interesting times with the Coronavirus, but late last week the government has announced its economic response to the Coronavirus in the form of a $17.6 billion economic stimulus package. The package has been marketed as a measure to protect the economy by maintaining confidence, supporting investment and keeping people in their jobs.

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A Message On Recent Market Falls

When the market falls 7% in a day. There’s no sugar coating it. It’s very painful. What now? We’ve been through this many times before. Our experience tells us to do nothing. With every previous market fall there has been a recovery.

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March Market Update 2020 - What You Need to Know

The Corona Virus. For weeks there was calm. Then suddenly there was panic. Admittedly, it was surprising. Markets have been moving upwards without a hitch for a while and initially they shrugged the Coronavirus off. Australian investors, getting little joy from cash, may have been pushing into the market. The US has been offering solid economic growth to underpin its market.

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The Millionaire's Dilemma

It’s no secret interest rates are low. Have ten grand in the bank? If you’re lucky with a ‘high interest’ account, at the end of the year you’ll have made $200. That’s before the tax man and inflation come calling. For those with a small amount who can’t get their head around the concept of risk, it’s dire straits.

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Farm Management Deposits & the Retirement Trap. What You Need to Understand.

Primary production is often referred to as a game of chance.  Fluctuating seasons, changes in demand and commodity prices dictate the rules of the game that no-one can predict.  A pro-active approach to retirement can result in a healthier financial position with the income tax burden being reduced.

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Optimism is the Only Realism

There are challenges everywhere, but historically challenges have always been met with solutions. Optimism is the only realism. Pessimism? Seductive, but a fantasy.

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