Covid-19 Help

 

With the ending of a number of the original COVID-19 relief and stimulus initiatives, August and the beginning of September has seen the release of new plans to move into the post-September period. Links to these updates and changes are listed below.

 

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Several new links have been added to the many already in this article, links that date back to the beginning of the COVID-19 pandemic.  If you have any questions, or require further assistance, please send us an email or phone.

 

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Aside from the shutdowns, job losses and restrictions, there’s been another worrying element to the COVID-19 (coronavirus) pandemic – scammers are zeroing in on the changes to our financial interactions and shopping habits to take advantage of people across Australia. Government website Scamwatch.gov.au reports that it’s...

Multiple sources of help and explanation the relief packages and programs our Governments have recently. All relate to Covid-19 so that you don't have to hunt for information or miss out.  Your accountant can help with any question you have.

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Don’t discount your plans to buy a new home or investment property just yet.  No surprises that “how will coronavirus affect house prices?” is one of the most Googled questions since the outbreak. We think that there will be some great opportunities for buyers to negotiate...

Many lenders are now offering a 3 to 6 month “repayment holiday” to help people with their cash flow. This means that you wont have to make any loan repayments at all – which is very helpful if for example you have lost your job, or you want to...

You might be able to benefit from this unfortunate situation. The latest rate cut last week in response to the virus, brought Australia another record low of 0.25 per cent. The banks responded, and now we’re seeing rates as low as 2.19 per cent**. That’s all time lows! My advice?...

The Government is helping people who’ve lost their jobs with income support including the Jobseeker program.  Read more about it here https://treasury.gov.au/coronavirus/households In addition, as a last resort, you could also chat to your financial planner or accountant about accessing money from your superfund (up to $10,000 can...

We welcome the government’s cash flow boost to business owners of between $20,000 and $100,000.  The recently announced Jobkeeper incentive will also help you retain employees by paying the first $1,500 of their fortnightly salary - and there's more to come with a rumoured rental...

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Zac Zacharia (Managing Director) has been assisting clients to create wealth and secure their futures for over 14 years.

He is also an accomplished presenter and educator

Co-authoring the popular investment book, Property vs Shares.