Coronavirus Stimulus Package

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In response to the coronavirus pandemic, the federal government has announced a $17.6bn economic stimulus package, equivalent to 0.9% of GDP.

The package is ‘front loaded’ to ensure as much money as possible flows into the economy as quickly as possible, with $11bn of the package to be ‘out the door’ by June.

To assist you, our clients, to understand what this all means for your business, Co-Director Tim McCarthy has put together a series of short videos (5 mins) outlining key areas of the package. 

Our first video is on Instant Asset Write Off.

tim video

General advice warning: The advice provided is general advice only as, in preparing it we did not take into account your investment objectives, financial situation or particular needs. Before making an investment decision on the basis of this advice, you should consider how appropriate the advice is to your particular investment needs, and objectives. You should also consider the relevant Product Disclosure Statement before making any decision relating to a financial product.

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