The ATO's JobKeeper Audit targets

Posted on 9 June 2020
The ATO's JobKeeper Audit targets
The JobKeeper subsidy has progressed beyond the rush for eligibility and entered its second phase: compliance. Late last month, the Australian Taxation Office (ATO) released guidance highlighting where the regulator will focus its compliance resources. The JobKeeper estimates error Hindsight is a dangerous lens as Treasury discovered last month announcing that the number of employees expected to be covered by the JobKeeper scheme was overstated in the original announcement by approximat...
Posted in: Audit ATO JobKeeper Coronavirus COVID-19 Retail Rhodes Docherty Taxation  

Helping You Navigate Uncharted Territory

Posted on 27 May 2020
Helping You Navigate Uncharted Territory
The coronavirus pandemic has resulted in dramatic and unprecedented changes for many families and households, impacting social lives, workplaces and finances. As financial advisers, we are responding to the unfolding crisis to assist our clients to manage the financial repercussions. From looking at how the Government's measures will impact your finances, to developing a plan to assist you to be positioned in the best possible way to make it through this period, we can provide suppo...
Posted in: investments interest rates Superannuation Debt Coronavirus COVID-19 Retail Property Share markets Global outlook Rhodes Docherty Taxation  

Keep the economy moving

Posted on 6 May 2020
Keep the economy moving
Keeping the economy moving The Morrison Government's mind-bogglingly large support packages to get Australians through the COVID-19 shutdown have dominated headlines, and rightly so. Only months ago, the Australian economy was in relatively good shape and headed for a Budget surplus. It's not just the Government that has swung into action. Behind the scenes, the Reserve Bank of Australia (RBA) has also pulled out all stops to keep the economy moving.  RBA monetary policy is...
Posted in: investments interest rates Bonds Debt Coronavirus COVID-19 Share markets Global outlook  

Stick to Investment Principles

Posted on 10 March 2020
Stick to Investment Principles
Sticking to investment principles The reporting on COVID-19 has caused panic and fear across global markets and economies. The topic is now a permanent fixture across all aspects of media. From a financial perspective, there are two possible paths: 1. A recession across multiple countries driven by a partial shutdown of industry and the workforce; or 2. An economic recovery driven by a two-pronged fiscal and monetary stimulus from governments, coupled with a realisation that the vir...
Posted in: investments interest rates Trade war Bonds Coronavirus COVID-19 Retail Share markets Global outlook  

Now is not the time to try to time the markets

Posted on 3 March 2020
Now is not the time to try to time the markets
Now is not the time to try and time the markets     After showing great resilience, and perhaps a degree of complacency, equity markets have fallen sharply in recent days. A relatively sudden surge of confirmation of corona virus outbreaks outside of China has been the main trigger for the correction. However, Apple's removal of previous earnings guidance and a deterioration in some leading economic indicators (such as the preliminary reading of the U.S. Purchasing Mana...
Posted in: investments interest rates Bonds Coronavirus Share markets Global outlook Rhodes Docherty  
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Have casual workers been granted annual leave?

Jun 24 2020
Have casual workers been granted annual leave? News headlines recently stated that ...

The ATO's JobKeeper Audit targets

Jun 09 2020
The JobKeeper subsidy has progressed beyond the rush for eligibility and entered its ...

Helping You Navigate Uncharted Territory

May 27 2020
The coronavirus pandemic has resulted in dramatic and unprecedented changes for many ...
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