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The second tranche of the JobKeeper scheme changes the eligibility test for employers and the method and amount paid to employees.
2020 is proving to be the most challenging time for investment markets in a generation. The common advice from traditional financial advisers is to do nothing and ride it out. But this may not be the optimum approach for every investor, particularly..
It's an age old question - are you better off putting extra money into your home loan or super? We look at how the numbers stack up and the pros and cons of each option.
On 22nd March 2020, the government announced a 50% reduction in the minimum income drawdown from account-based pensions and similar retirement products for the remainder of the 2019-20 and 2020-21 financial years.
In these trying times, the NSW government is supporting small businesses in NSW with a couple of targeted grants, such as:
We always knew that a Government scheme swiftly distributing cash during a crisis was going to come with equally swift compliance and review measures, particularly when eligibility was self-assessed. Two major Australian Taxation Office (ATO)..
The best part of tax-time paperwork is looking forward to the small windfall you might receive after you lodge your tax return.
But this year, Aussies are feeling the pinch as the coronavirus crisis saw jobs lost and fewer hours worked.
So what’s..
During market downturns, investors are typically advised to stick with their existing asset allocation that is based on a risk profile, rather than crystalise their losses. The advice is offered in the hope that the downturn will be short lived and..
“…while it is all very well to talk of 'turning points', one can surely only recognise such moments in retrospect.” Kazuo Ishiguro, The Remains of the Day
Here is a summary list of the tax and super changes that come into effect on 1 July.
