Small- to medium-sized businesses are being reminded they have just weeks left to make the most of the government’s increased instant asset write-off offer, with many businesses currently overlooking the opportunity despite it being five times the usually available amount. Three-quarters of small- to medium-sized businesses are turning away from the...
With interest rates at an all-time low, and many lender’s fixed rates lower than their variable options, locking in an interest rate on your home loan to guard against possible future fluctuation may be attractive. However, it pays to know the ins and outs of...
https://youtu.be/VtMTfnYipUg Video updating you on the outlook for the economy and financial markets during the COVID-19 outbreak. This week, we shine a spotlight on the housing market. Finance Circle Group recommends that customer seek advice from their accountants and ensure that their cash flow will be able to afford further...
Feel free in getting touch with us – NO OBLIGATION and we will help where we can. We will work side by side with you through this challenging time. Nirosh Weerasinghe 0401 976 188 Chamila Suraweera 0402 927 220 Shane Cross 0421 427 272 lightblue-turtle-829367.hostingersite.com/ info@financecirclegroup.com.au http://bit.ly/FinanceCircleGroup Finance Circle Group is...
The banks have agreed to extend their loan relief policies to encapsulate a larger portion of borrowers affected by the coronavirus pandemic. The Australian Banking Association (ABA) has announced that its members have agreed to extend the six-month deferral of loans to an additional 30,000 businesses impacted by the economic...
The announced $130 billion JobKeeper program has left many small to medium businesses with questions regarding eligibility and how it will be implemented. Here’s what you need to know. The JobKeeper payment is intended to provide wage subsidies to businesses that are significantly affected by COVID-19. Am I eligible for the coronavirus wage subsidy? Employers will...
Australians who lose their jobs will be paid $1,500 per fortnight to cover their share of income in a plan to protect workers who have been stood down because of the coronavirus crisis. Under the $130 billion plan, which was announced today, businesses impacted by the coronavirus will be given the...
Australians have some tough decisions to make regarding their finances and how best to navigate the options made available to them by the Australian Government during the Covid-19 pandemic. The government is allowing individuals affected by the coronavirus to access up to $10,000 of their superannuation in 2019–20 and a...
For all the small business owners trying to piece together what their banks are doing to support in this unprecedented time, see the summary from ANZ, CBA, NAB and Westpac. Whilst we understand that banking may the last thing on your mind, we urge small business...
Earlier this week, Prime Minister Scott Morrison urged the business community to support the government’s efforts to address the growing economic impact of the coronavirus (COVID-19) pandemic. Mr Morrison specifically thanked the banking sector for passing on the full 25 bps cut from the Reserve Bank of Australia (RBA) following its...