Finance & Loans

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Interest deferrals due to COVID-19

Many lenders have recently allowed borrowers with investment property loans to defer repayments for a period of time. While repayments are being deferred, interest (and fees) will usually be added to the loan balance (i.e., the deferred interest will be 'capitalised'). However, it is important to recognise in such situations that, while repayments are not [...]

$25000 HomeBuilder grant – who’s eligible?

The Federal Government has announced a $25,000 grant via a construction stimulus program called HomeBuilder. HomeBuilder provides this grant to eligible owner-occupiers, including first-home buyers, to build a new home or substantially renovate an existing home. HomeBuilder can be used in conjunction with the First Home Owner Super Saver Scheme and First Home Loan Deposit [...]

New JobKeeper Payment Key Points

The Government announced yesterday (30/3/20) a $130 billion JobKeeper payment to help keep more Australians in jobs and support businesses affected by the significant economic impact caused by the Coronavirus. Around 6 million workers will receive a fortnightly payment of $1,500 (before tax) through their employer. The payment ensures eligible employers remain connected to their [...]

Coronavirus Stimulus guide

Support for individuals & businesses March 2020. What a changing world we are living in as we all try to navigate the challenges arising from the current Coronavirus Pandemic, including protecting the health and safety of our friends and family, and the viability of our businesses, employment and investments. The purpose of this communication is [...]

Bushfire Grants & Assistance

The following bushfire grant and support information has been updated on 12 March 2020 and is in addition to the 6 March, 25 February, 20, and 13 January 2020 lists below. 12 March 2020 FED GOV $10,000 GRANTS FOR SMALL BUSINESS The grants will be available to businesses that have been both directly and indirectly [...]