As part of the Government's response to the financial impact of the Coronavirus, if you are under financial stress, you may be able to access some of your super.
The Great Lockdown continues to turn markets on their head. Last week, we dug into the unprecedented number of initial jobless claims coming out of the United States, which topped 22 million in a period of four weeks. It’s just days later, and we already have our next market abnormality: this time, traders were baffled by West Texas Intermediate (WTI) crude — the U.S. benchmark oil price — which somehow flipped negative for the first time in history. How is that possible? And how does it tie into the COVID-19 oil price crash in general?
Take a long-term view Investment results tend to vary more widely when you just consider the returns over a period of one year. Ten-year returns are generally much more stable and a lot more predictable as can be seen in the chart below.
Are you concerned about your Social Security (and Department of Veterans’ Affairs) pensions and other income support benefits due to the Coronavirus situation? Recent changes in the value of your investments due to market movements may increase your social security entitlements, or you may become eligible for a benefit.
There are many advantages to working from home - flexibility, increased productivity and less distractions. Here are some tips to help make working from home successful.
You, or someone you know, may have had a change in circumstances and may need support. We have put together some information to help you navigate these uncertain times and to answer some frequently asked questions.
1 April 2020 A number of measures have been put in place to support Australians in response to the Coronavirus. This includes broadening early access to superannuation savings under compassionate ground - coronavirus.
8 April 2020 COVID-19 is affecting many self-managed super fund (SMSF) trustees. The following information has been collated to help you navigate these uncertain times.
2 April 2020 You, or someone you know, may have had a change in circumstances and may need support. We have put together some information to help you navigate these uncertain times and to answer some frequently asked questions.
9 April 2020 You, or someone you know, may have had a change in circumstances and may need support. We have put together some information to help you navigate these uncertain times and to answer some frequently asked questions.
This animated video by Kurzgesagt provides a handy explainer on how the virus works.
Using the family home to fund aged care can be a complicated decision, with many interdependent factors to consider.
Understanding the fees and costs
Whether considering options for yourself or deciding how best to help someone close to you, residential aged care can be a complex area requiring careful thought. The uncertainty surrounding where to move, how much it will cost and where the money will come from can be overwhelming and stressful.
Aged care can be a tricky area to navigate, and requires careful thought. To help you or your loved one obtain the best outcomes, this three-part guide will take you through the process of applying for, receiving, and paying for suitable aged care services.
Getting the balance right between a safe spending rate and having enough income to enjoy retirement takes some careful planning. Investing for a reasonable return is one approach to helping your savings go the distance.
The Age Pension is an important financial safety net for many older Australians. It’s the most common type of pension you can receive from the Government. Around 65% of people in retirement rely on some form of Government pension or allowance as their main source of personal income1.
Share on facebook Facebook Share on linkedin LinkedIn
On 30 March 2020, the Federal Government announced the introduction of the JobKeeper Payment. The payment is a wage subsidy paid by the Government to businesses significantly impacted by the Coronavirus. This will allow employers to continue paying their employees whether they are able to work or not. The Government will provide $1,500 per fortnight (pf) per employee for up to six months to eligible businesses. The business must pass on the payment to eligible employees. The first payments will be paid to eligible businesses in the first week of May. If you are self-employed, you may also be eligible for the payments.