Financial Security Practitioners

Articles and Company News

We aim to keep our clients up-to-date with news and relevant opinions which concern your finances. Our regular email bulletin is designed to inform and share views with our members.

Australian Government Benefits

By Wellinvest
How Can We Help?

To help you navigate the Government benefits available as a consequence of Covid-19, here's a breakdown of the latest Australian Government announcements. 


 JobKeeper

Applications now open. Main criteria business income reduced by at least 30%.

$100,000 Cash Flow Boost
Main criteria business income reduced by at least 30% and pays wages.

Instant Asset Write-Off Accelerated Depreciation
Main criteria acquired and installed between 12th March 2020 and 30th June, 2021.

Lease Code of Conduct
Commercial and Retail Lease Code of Conduct

Bank Loans
Bank Loans and rearrangements may apply depending on your bank (subject to conditions).

NSW Covid-19 Small Business Support Grant
$10,000 NSW Covid-10 Small Business Support Grant applications open 17th April, 2020 and close 1st June, 2020.
The key criteria is a 75% decline in turnover.

City of Sydney Council Small Business Grant
$10,000 City of Sydney Council Small Business Grant applications are now open and close on 27th April, 2020 (subject to conditions).

Exporters
Exporters affected by Covid-19 may be eligible for finance.

Landlords
Eligible landlords can apply for NSW Land Tax reduction (up to 25%) of their 2020 Land Tax liability on NSW properties (subject to conditions).

Payroll Tax
A Payroll Tax discount of 25% or deferral may apply to employers with Grouped Australian wages (subject to conditions).

NSW Fees and Charges
Removal and/or deferral of various industry fees and charges in NSW (subject to conditions).

Superannuation
Access to $10,000 of your superannuation before 30th June, 2020 and $10,000 after 30th June, 2020 (subject to conditions).


Some benefits and concessions also apply depending on your region.


Please call us if we can help in any way on (02) 9476 2200 or contact us here.

Your financial security is our concern.

­Strategies and Advice? We’re here to help. Call our office on 02 9476 2200