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:Rhodes DochertyTaxationRetailCoronavirusCOVID-19AuditATOJobKeeper  

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:Rhodes DochertyTaxationRetailShare marketsGlobal outlookinvestmentsSuperannuationPropertyinterest ratesDebtCoronavirusCOVID-19  

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:Share marketsGlobal outlookinvestmentsinterest ratesBondsDebtCoronavirusCOVID-19  

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:RetailShare marketsGlobal outlookinvestmentsinterest ratesTrade warBondsCoronavirusCOVID-19  

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:Rhodes DochertyShare marketsGlobal outlookinvestmentsinterest ratesBondsCoronavirus  
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