Investment Outlook: October
Australia escaped the initial onslaught of COVID-19 relatively lightly. The GDP declined in the June quarter, while a substantial 7.0%, was rather less than the 9% or so experienced by the median OECD economy. It…
Road to Recovery: Budget 2020-21 Overview
The 2020-21 Federal Budget is a road to recovery paved with cash. Key initiatives include: Personal income tax cuts from 1 July 2020 A $4 billion ‘JobMaker’ Hiring Credit to encourage businesses to take on…
JobKeeper from 28 September 2020
The first tranche of JobKeeper ends on 27 September 2020. Those needing further support will need to reassess their eligibility and prove an actual decline in turnover. To receive JobKeeper from 28 September 2020, eligible…
$3bn support package for Victorian businesses
The Victorian Government has announced two new support packages delivering over $3 billion in cash grants, tax relief and cashflow support. Some of the $3 billion appear to be in the form of deferrals (not…
Does life insurance cover me for COVID-19?
Over the last few months we have fielded several enquiries from clients asking if they are covered for COVID-19 related events. Although the level of infection in our region is relatively low, we’ve put together…
Investment Outlook – September 2020
COVID-19 continues to be the prime influence on the investment outlook. At present, the consensus view among forecasters remains that both the global and domestic economies will recover in 2021, which means those sectors previously…
Retirement of Terry Collins
After almost 29 years working at PPT Accounting, Terry Collins has decided to retire. Terry has spent much of her time at PPT setting up and leading the Self-Managed Superannuation Fund Division. We wish Terry…
COVID-19 and your SMSF
COVID-19 has had an impact on many SMSFs. We look at the key issues. Early release of superannuation When a member of your fund wants to access up to $10,000 of their superannuation early under…
Investment Outlook – August 2020
August ushers in one of the most anticipated reporting seasons for some time. Investors will be given a chance to assess the damage from the crippling COVID-19 virus on corporate performance. While ASX 200 companies…
$2.5bn JobTrainer Package
The Government has announced the $2.5bn JobTrainer package to retrain, upskill and open new job opportunities. An additional 340,700 training places will be created to provide no or low cost courses into sectors with job…
