Putting Your Best Foot Forward in the Pandemic Economy
While it feels like there’s no relief in the current pandemic economy, there’s always decisions that can be made to make the best of your financial situation. Reduction of unnecessary expenses is an activity all people can undertake, regardless of their socioeconomic background. While ...
JobKeeper Turnover Tests and Further Guidance
The ATO have released further guidance in relation to the JobKeeper Payment scheme. Here we have provided a summary of the latest guidance and information: Eligible Business Participants Eligible business participants can enrol for JobKeeper in the same was as employers can enrol. That is, ...
JobKeeper Payment Update: Eligibility and Employment
Whilst the JobKeeper payment had been announced recently there has been a lack of detail as to the process and clarity around the rules. We have had a large volume of calls asking how the fall in turnover test operates and we now have further details as set out below. The procedure to claim the ...
JobKeeper Scheme and Victorian State Government Business Support Fund Update
To address the turbulent economic situation fuelled by the COVID-19 outbreak, the Government has introduced numerous new measures including the JobKeeper scheme to support individuals and businesses affected by the crisis. Today we are reaching out to update you on some new support initiatives: ...
Economic Stimulus Package
Earlier in March, the Federal Government announced an economic stimulus package aimed at addressing the economic implications from the Coronavirus. The measures announced are summarised as follows: 1. Increasing the instant asset write-off The immediate asset write-off threshold will be ...
We are Here to Support You
Lockwood Partners and Provide Group are here to support all our clients and we are committed to remaining open for business, although many of our advisors may be required to work from home. We understand that a number of our clients have been and will be adversely impacted by the Coronavirus ...
What You Need to Know When Buying a New Printer
Printing technology continues to change, leaving the bulky printers of the past behind. As technology changes, prices continue to fall as well. Today, it seems there are so many options available it can be difficult to make a selection about buying a new printer when considering which is the ...
Benefits of a Self-managed Super Fund
With so many options for super, how do you know if your fund will provide you the most for your retirement? Super funds pool your money with other peoples’ and are typically controlled by fund managers. Most funds aren’t accessible by their members until their retirement. Australian employers ...
Why You Might Want to think about Cyber Liability Insurance
One of the biggest increasing risks for businesses in Australia is cyber security. The financial consequences can be severe – the average cost of a cyber incident in Australia is around $250,000. Ensuring that your business is protected against such risks is something most business owners need ...
Biggest Mistakes in Managing Personal Wealth
Personal finance management is a skill that some of us never manage to develop. Regardless of your level of income, managing wealth effectively will give you the most freedom you can have in spending and living. Those who struggle with it are prone to similar traits and mistakes that strain ...