Homeowners Impacted by Covid-19 Encouraged to Contact Lender

Homeowners Impacted by Covid-19 Encouraged to Contact Lender

Homeowners who have had their income impacted by the coronavirus outbreak are being encouraged to seek out hardship options with their lender. The economic impact of the coronavirus outbreak is evolving daily, if not hourly, across the Australian financial landscape....
First home buyer numbers spike to 10 year high

First home buyer numbers spike to 10 year high

First home buyers are throwing themselves into the property market in numbers not seen since 2009. The number of owner-occupier first home buyer loan commitments reached its highest point in ten years in January, with newcomers taking out 9,945 loans (seasonally...
First Home Buyer Numbers Spike to 10 Year High

First Home Buyer Numbers Spike to 10 Year High

Small businesses in dispute with the ATO over their tax debt will get “a fairer go” under new rules proposed in the federal budget. Meanwhile, one-year extensions have been granted for the full asset write-off and loss carry-back schemes. Let’s break it all down....
Employers Granted One-Off Super Amnesty

Employers Granted One-Off Super Amnesty

Employers who have underpaid their staff superannuation have been granted a one-off amnesty to make things right, but that doesn’t mean they’re completely ‘off the hook’. The Treasury Laws Amendment (Recovering Unpaid Superannuation) Bill 2019, which just passed...
SME Owners Impacted by Coronavirus Urged to Contact Creditors

SME Owners Impacted by Coronavirus Urged to Contact Creditors

SME owners concerned about the coronavirus outbreak impacting their cash flow are being urged to talk to their creditors as soon as possible. Earlier this month the RBA cut the official cash rate by 25 basis points to a new record low of 0.50% due to the impact of the...