At its meeting today, the Board of the Reserve Bank of Australia have decided to maintain the targets for the cash rate and the yield on 3-year Australian Government bonds of 25 basis points.
At its meeting today, the Board of the Reserve Bank of Australia have decided to maintain the targets for the cash rate and the yield on 3-year Australian Government bonds of 25 basis points.
At its meeting today, the Board of the Reserve Bank of Australia have decided to maintain the current policy settings, including the targets for the cash rate and the yield on 3-year Australian Government bonds of 25 basis points.
Key tax & lodgment dates for the August-October quarter 2020
During the last quarter one story has dominated the news and investment markets – COVID-19.
As the COVID-19 virus took a sledgehammer to the economy, the federal government rapidly introduced a range of initiatives to help individuals who lost income as a result of the measures taken to control the virus.
One of those initiatives was to allow qualifying individuals access to a portion of their superannuation to help them meet their living costs. Withdrawals are tax free and don’t need to be included in tax returns. Most people can withdraw up to $10,000 in the 2019/2020 financial year and up to a further $10,000 in the 2020/2021 financial year.
At its meeting today, the Board of the Reserve Bank of Australia have decided to maintain the current policy settings, including the targets for the cash rate and the yield on 3-year Australian Government bonds of 25 basis points.
At its meeting today, the Board of the Reserve Bank of Australia have decided to maintain the current policy settings, including the targets for the cash rate and the yield on 3-year Australian Government bonds of 25 basis points.
At its meeting today, the Board of the Reserve Bank of Australia have decided to maintain the current policy settings, including the targets for the cash rate and the yield on 3-year Australian Government bonds of 25 basis points.
With the end of the financial year fast approaching, we’d like to remind you about some potential opportunities for super contributions.
There are a number of strategies that may be of benefit in the lead up to 30 June:
The first quarter of 2020 will forever be remembered for delivering one of the greatest health and economic shocks of all time. The economic damage was an inevitable consequence of governments worldwide taking unprecedented action to curb the spread of the novel coronavirus that emerged in China in December 2019.
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