Sub Heading

2nd Economic Response to the Coronavirus 22 March 2020

Date: Mar 23rd, 2020
While the full economic effects from the virus remain uncertain, the outlook has deteriorated since the Government’s initial Economic Response announced on 12 March 2020.
 
 
The spread of the virus worldwide has broadened, and is expected to be more prolonged. Governments, both international and domestic, have announced stricter mitigation measures to slow the spread of the virus, which are having significant economic impacts.
 
On Sunday 22nd March, the Government announced a second set of economic responses which, combined with the previous actions, total $189 billion across the forward estimates, representing 9.7 per cent of annual GDP.
 
Included in the announcement are temporary changes to superannuation. Please contact us on |PHONE| to discuss your circumstances before acting on these changes.
 
Please find below the key elements of this latest stimulus;

Supporting Individuals and Households

Support for Businesses

 
If you would like to discuss any of the areas targeted, please call on |PHONE|.

Source: Australian Government – The Treasury

Provision Insights

Subscribe to our Quarterly e-newsletter and receive information, news and tips to help you secure your harvest.

A message from the Provision Wealth Management team:

We are all being impacted by COVID-19 in a variety of ways.

We want to let you know we're here to support you, and we're committed to helping you meet your financial needs now and into the future.

Please be assured that we are set up to continue our operations and to support you during this time. Please contact us with any financial planning needs you may have.


Stay safe and positive - we are all in this together.

Newsletter Powered By : XYZScripts.com