COVID-19 and the importance of Life Insurance
Overview The advent of a global pandemic in COVID-19 has been a shocking event in many ways, more obviously from a health perspective. COVID-19 is clearly a highly dangerous virus for those over 70 and those with existing health conditions. Having said that there have also been cases of people who are both relatively young…
Read MoreThe Government’s JobKeeper Payment Explained
On 30 March 2020, the Federal Government announced the introduction of the JobKeeper Payment. The payment is a wage subsidy paid by the Government to businesses significantly impacted by the Coronavirus. This will allow employers to continue paying their employees whether they are able to work or not. The Government will provide $1,500 per fortnight…
Read MoreOpen for Business
We are here for youWhilst we may change the way we do business to keep you, and us, safe and well, we are open for business as usual. We continue providing financial advice to our clients and community during these uncertain times. Stay safe, stay well, and remember we are here for you.
Read MoreMarket Wrap
March 2020 Flight to safety globally Global shares fell -8.5% and -4.9% in hedged and unhedged terms, respectively. Emerging markets were relative outperformers (only down -1.6%) with COVID-19 (a.k.a. coronavirus) outbreaks outside of China and their economic impact a driving concern for global share markets. Domestically, Australian shares underperformed international markets falling -7.7% in February.…
Read MoreThe Government’s stimulus package in response to the Coronavirus
In response to the economic impact of the Coronavirus, the Government has announced a number of initiatives to help individuals and businesses at this uncertain time. The changes include accessing some of your super if you’re in financial stress, tax concessions for small businesses and changes to social security benefits. Below is an overview of…
Read MoreDo you have more than one super account?
Did you know there is over 10[1] million Australians with a superannuation account, approximately 36% of which hold more super accounts, which make up $20.8[2] billion in ‘lost super’. Is some of that yours? Find it Moved house? Changed jobs? Don’t know where your teenage self stashed your super? It’s easy to track it down.…
Read MoreSmall steps to great success
If you want to get ahead, financially, it’s necessary to take some steps to get there. It may seem daunting and overwhelming but like anything, if you have a professional guiding you along the way, small steps can lead to something great. Step 1: Seek advice It’s hard to achieve great success without a team…
Read MoreChanges to income protection insurance
What is income protection? Also known as ‘salary continuance insurance’ or ‘disability income insurance’, income protection provides a portion of your income, for example 75% of your annual salary, if you are unable to work due to injury or sickness for a certain period of time. You need to advise your annual salary when you…
Read MoreForty and fabulous
If you are in your 40s and feeling like your financial fitness could do with an overhaul, then make 2020 the year to do it! These days your 40s is mid-life, given the average age expectancy for men is 84.7 years and for women it is 87.3 years1. Rather than have a mid-life crisis and…
Read MoreMarket Wrap
Investor sentiment was mixed Global shares were down -0.4% and were up 4.3% in hedged and unhedged terms, respectively. Emerging markets were relative underperformers (up 0.1%) driven by coronavirus concerns over the impact on China. Domestically, Australian shares outperformed international markets rising 5% during January. This was driven by strong performance in the Health Care…
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