I think there is universal agreement the globe is headed for an economic recession. But this week I was hearing the “D” word being discussed… Economic Depression. I think the lines outside Centrelink brought back memories of the black and white photos in our old school history books of the dole queues during the Great…
Economic Stimulus Package 2.0 You’ve read about this, and I’ve talked about it, all week, but quick recap of last Sunday’s announcements. – Small business will receive a 50 per cent rebate of their March and June quarter BAS or IAS from a minimum total (across both quarter) of $20,000 to a maximum $100,000. –…
Who would want to be a Prime Minister/President today in this pandemic? Not me. You’re bombarded with opinions (everyone seems to have a very loud and aggressive opinion these days) and, as a leader, the challenge is to cut out the white noise and take on board expert advice you can trust. This week saw…
Having trouble wrapping your head around what you’re entitled to from the coronavirus stimulus package – this new website could help. The site stimuluspackage.com.au has been launched by a Central Coast local who was having difficulties navigating the support schemes set up by the federal and state government to help small businesses affected by the coronavirus crisis….
Weddings with five people, funerals with ten, boot camp in the park and 30 minutes with your hairdresser. The PM announced further restrictions for Australians tonight and left the nation slightly confused. Describing 2020 as the toughest year yet for Aussies, Morrison said the government understood the impact restrictions are having on the nation’s citizens….
Another tense, confusing and, at times, scary week for financial markets as Governments and investors around the world come to grips with the devastation of the Coronavirus. It has been good to catch up with so many of you during my Facebook Live sessions this week. I usually do them at 1.30pm EDT every Tuesday…
As the coronavirus pandemic continues, places of employment are being impacted. Employer advice service Employsure has been inundated with requests from business owners wanting to know their rights. Here’s the lowdown on coronavirus for employers if an employee is diagnosed with the virus. If an employee has a confirmed case of Coronavirus If an employee…
This is a week we’ll remember for all the wrong reasons. After 11 years of a constantly rising sharemarket (a bull market), we entered the fastest bear market in history. A bear market is when the sharemarket drops more than 20 per cent from its peak. That peak for our sharemarket was February 20… yep, just…
The World Health Organisation (WHO) has officially declared the coronavirus outbreak a pandemic. WHO has called on all countries to take action in the hopes of stemming the spread of the virus. In Australia, the number of cases in NSW is on the rise, with diagnoses increasing from 65 to 77 overnight. Speaking at a…
Almost 50 lenders have announced variable rate cuts, following Tuesday’s RBA decision to cut official interest rates by 0.25 per cent. It was good to see all four major banks cut their variable mortgage rate by the full amount. But make sure you, as an existing borrower, benefit from the cut and not just new…
A few years of stellar returns has convinced many people that investing in property is a sure thing....
It’s a funny thing when you realise that your parents are old. It makes you reflect on their...
Every working Australian is invested in the sharemarket… through their superannuation. As global sharemarkets tank and the doomsayers...
