News

Read the latest Australian Finance, Banking and Business news, updates and reports.

  • 8 steps to prepare for the Financial Impacts of the Coronavirus

    Much of the media coverage of the coronavirus pandemic is focusing on the potential health impacts. The potential financial impacts are likely to be severe as well, including: a slowdown in the economy, job losses, drops in income, and straining household budgets. However, just like you can take physical health precautions, now is the time to contact us on |PHONE| and discuss steps you can take to protect your financial health from the impacts of the coronavirus.  Here are some suggestions. 1. Prepare (or review) your household budget If you don’t already have a household budget that itemises all your…

  • Government superannuation changes announced 22 March

    On 22 March the Federal Government announced a package of temporary superannuation measures which reflect the strength of the super system and the fact it was built for the wellbeing and livelihoods of Australians. The temporary measures for people facing significant financial hardship as a result of the coronavirus include: early release of a limited amount of superannuation for individuals in extreme financial stress, and reduction in minimum superannuation drawdown rates for retirees. It’s a pragmatic and caring move for a nation under stress. You can find more detail on these measures below. Now, as always, we recommend you contact…

  • 8 ways to look after your mental health while working from home

    By guest author, Emily Connell Gronholt, Nutritional Medicine Practitioner Working from home has suddenly become the new norm as Australia faces the spread of the coronavirus. For many, this is accompanied by having children at home.   Loneliness and lack of connectivity are a real risk of extended periods of working from home, as is the risk of burnout for those of us that are juggling homeschooling kids with our regular workload. Understandably mental health becomes a top priority. So how can we thrive, not just survive, during this period of change and uncertainty? As someone who has worked from…

  • Tune out the market noise

    "Stocks at record highs despite uncertain geopolitical landscape" "Shares plunge as coronavirus outbreak renews investor fears" "Markets enter correction territory after worst loss since GFC" You would have seen these headlines or similar over the last few weeks. It's evident that investment markets are on edge. We've experienced an unprecedented bull run on the Australian Securities Exchange (ASX), bolstered by low interest rates and now, investors and commentators alike are naturally questioning if this rally is at an end given the emerging economic impacts of the COVID-19 virus. The virus outbreak is certainly having a dramatic impact as it hits…

  • Five tips for working from home during the coronavirus pandemic

    As a result of the coronavirus pandemic, many Australian workers have been thrust into working from home for the first time. By putting in place some systems and boundaries, you can help make the best of the situation, get your work done and maintain your mental wellbeing. 1. Designate a workspace or home office If you are used to going into an office every day, then the separation between work and home is physical. You need to try and recreate this as much as possible, with a designated workspace in your home. If you are fortunate enough to have a…

  • 4 strategies to help manage debt

    Thinking about debt probably doesn't spark a positive reaction for most people, but it is something that we will all need to contend with at some point in our lives. Although not all debt is bad, if you're finding that it's causing you anxiety or it just seems to keep mounting up by the minute, take comfort in knowing there are ways to help alleviate it. Here are four strategies that you may consider implementing when it comes to managing your debt, depending on your circumstances. Help manage your debt by understanding the amount and what it’s costing you Laying…

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