The Government has introduced a JobMaker Hiring Credit to incentivise businesses to take on additional young job seekers. From 7 October 2020, eligible employers are able to claim $200 a week for each additional eligible employee they hire aged 16 to 29 years old and $100 a week for each additional eligible employee aged 30 to 35 years old. New jobs created until 6 October 2021 will attract the credit… Read more
Countries in recession, unemployment rates rising, multiple economic indicators at their all-time lows, increased market volatility– these are just some of the economic impacts we’re seeing as a result of the pandemic. As we continue to battle the COVID-19 crisis, it is important for everyone, especially those who have had their income stream affected, to keep their finances in check and proactively find ways to navigate to recovery. By creating… Read more
The Australian Government announced that JobKeeper and JobSeeker payments will be extended, with changes starting on 28 September 2020. Below is a rundown of the changes to expect on these support schemes and you can also download our detailed JobKeeper 2.0 Guide. Changes to JobKeeper The JobKeeper scheme will continue until 28 March 2021. The extension of the scheme will operate in two separate periods: Extension 1: 28 September 2020… Read more
We collaborated with one of our independent investment partners, Morningstar, to bring you an investment briefing webinar “The 21st century black swan event – what are the implications and opportunities for Australian investors?”. Delivered by Clint Abraham, Portfolio Specialist at Morningstar, this webinar provides insight into the current economic climate, given the impact of a global pandemic. Clint explains what a black swan event is, shares insights into what could… Read more
The COVID-19 pandemic has caught most of us off guard. Who would’ve thought that the world would spend the year battling a virus? This unprecedented global crisis is a reminder that these business threats are very real and acts as a wake-up call for business leaders. Even if the scenario may seem far-fetched, it pays to prepare for the worst. When a pandemic hits, businesses play a crucial role in… Read more
We started 2020 with optimism and hope that this year was going to be better than the last – but then, COVID-19 happened and brought sudden massive changes worldwide. It has disrupted the way we interact, shop, work, and transact. Businesses of all sizes have been plunged into darkness, with some even having to shut completely. Meanwhile, others managed to find dynamic solutions to shelter their businesses from the harsh… Read more