One of the first things you come across when moving into residential care is the need to pay for your room. With quoted prices of up to $2 million, the numbers may send families into panic. However, they can be less frightening if you understand how these fees work and what choices you have. So,[…]
If you’re a small or medium-sized business owner in need of an affordable loan then we’ve got good news: the federal government is expanding the Coronavirus SME Guarantee Scheme to allow businesses to borrow more and for a wider range of purposes.
The Australian Government will invest $2 billion to provide hundreds of thousands of Australians with access to new skills by retraining and upskilling them into sectors with job opportunities, as the economy recovers from COVID-19. The JobTrainer package has two aspects to it. The first aspect of the package, which is worth $1.5 billion, is[…]
The JobKeeper Payment has been extended by a further six months to March 2021, targeting support to those organisations which continue to be significantly impacted by COVID-19. From 28 September 2020, eligibility for the JobKeeper Payment will be based on actual turnover in the relevant periods. The payment rate will be reduced and a lower[…]
The Government is extending the Coronavirus Supplement to eligible recipients to 31 December 2020. The amount of the Supplement will be adjusted to reflect the gradually improved economic conditions and improving labour market. Both existing and new recipients eligible for the Coronavirus supplement will continue to be $550 per fortnight up to and including 24[…]
Home and business owners struggling financially due to COVID-19 will be given another four months to resume paying back their loans.
When we make choices about where to live, we usually take into consideration some elements such as lifestyle, family needs and work distance. As we get older, this may change. Health or increasing levels of frailty start to impact these choices. That means it is no longer a decision about physical location only, but also[…]
‘Open Banking’ is now officially upon us. But what does that mean and why should you care? Well, in a nutshell, it’ll be easier and quicker for you to get a better deal on banking products going forward.
On your marks, get set, go! The race is on for limited spots in the federal government’s First Home Loan Deposit Scheme, which kicked off again on July 1.
With Australia in a COVID-induced recession, residential property is not immune to falling economic activity. Yet housing prices are proving surprisingly resilient. Only months ago, economists were forecasting a housing price slump of 20 per cent or more. Now, most have revised their forecasts to price falls of between five and 10 per cent. The[…]