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Wednesday 8 April 2020 5.30 – 6.30pm Worry is a wasteful output. Now is the time for action. There are 9 key positive and preventative tactics presented by technology and government stimulus. Businesses need to activate these now in order to survive the disruption of coronavirus: Jobkeeper Payments Tenancy Legislation Wage subsidies for Apprentices and…

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At the time of writing this, businesses face consumer nervousness. Consumer spending is an essential engine of the Australian economy. We need Australians to spend their money, and you need them to spend it with you. Pricing can be one strategy to entice consumer spending and therefore maintain profitability in difficult times. Before you slash…

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Business to receive further support: Further to the $17.6 billion Federal Stimulus Package announced last week, the NSW Government announced this morning a second stimulus package that will apply to health and business industries. The NSW Government will inject $2.3 billion into healthcare, business and cleaning. $1.6 billion will go towards business, with the intention…

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Yesterday, The Australian Federal Government announced a stimulus package for the economy. This has significant relevance to the small and medium business sector. There are six key measures valued at $17.6billion – 90% of which will be paid to business and individuals between 31 March and mid-April. These include: Wage subsidies for Apprentices and Trainees…

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Market volatility continues.   Here’s what we know now. As it stands this morning, the market has declined a further 7.8%. Likely triggers: COVID-19 continues to spread across the world. The share market is responding to the threat of further spread, as well as government policy responses. The US Presidential candidacy is underway, with Election…

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In the past week or so, we’ve seen share markets fall on the back of growing concerns about the spread of the coronavirus. At times of heightened market volatility, it’s easy to fear how your superannuation and other investments might be affected, but it’s important to understand the nature of market movements before making any…

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Further to our recent market update email, the uncertainty that surrounds the coronavirus has impacted equity markets over the last week. While we can’t know the true extent or timeframe of this market performance and business landscape, there are number of important facts to note. What we know: The issue is escalating. The number of…

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Shining a light on the wealth gap between men and women The theme of the 2020 International Women’s Day is: ‘An equal world is an enabled world’. We’ve reviewed the numbers and when it comes to women’s finance, ‘equality’ is far from the current status. Christine Hallowes is the Senior Financial Planner at AdviceCo. She…

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Last month, the Government passed legislation to include GST in the Director Penalty Notice (DPN) scheme. This means that individual business directors can be held personally liable for unpaid GST from 1 April 2020. What is the DPN scheme? The DPN was launched by the Government to address underreporting by businesses on mandatory taxes and…

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