Home / Blog / COVID-19: Decisions You Need To Make On Your Portfolio, Centrelink Entitlements And The Stimulus Package.

COVID-19: Decisions You Need To Make On Your Portfolio, Centrelink Entitlements And The Stimulus Package.

September 14, 2020 | COVID-19

During the current pandemic, there is much uncertainty as we are bombarded with messages from the media on a continuous basis.

To provide you some peace-of-mind in such times, we have included three documents that may help you form some decisions during the shutdown including:

YOUR PORTFOLIO

  • We review current investment performance of your portfolio and the potential impact of selling your investments to cash.

Please find the Market Volatility Document here.

CENTRELINK ENTITLEMENTS

  • Should you have your Centrelink benefits reassessed?
  • Are you eligible for the Jobseeker payment?
  • How do you contact Centrelink to be reassessed or to make a claim?

Please find the Centrelink document here.

GOVERNMENT STIMULUS PACKAGE

We summarise:

  • Coronavirus Supplement
  • Coronavirus compassionate grounds release of super
  • Account-based income stream values
  • Self-managed super funds to receive rent relief
  • Temporary change to the JobSeeker Partner Income Test
  • Deductions for expenses related to working from home
  • Early Childhood Education & Care Relief Package

Please find the Govt Stimulus document here.

Book an initial consultation at one of our office locations in The JunctionErina and Sydney CBD – your first appointment is complimentary, so you have nothing to lose.

 

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