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Firstly, what is a recession? Economists generally agree a recession is two consecutive quarters of negative growth in Gross Domestic Product (GDP), i.e. declining economic output. Currently, Australia has not yet recorded two consecutive quarters of GDP contraction, so the technical answer is 'no! However, with a 0.3%...

The Government has announced a number of changes to income support, predominantly JobSeeker arrangements and the Coronavirus supplement. Previously announced and implemented changes to JobSeeker and the payment of the Coronavirus supplement were scheduled to come to an end on 25 September 2020. The changes announced include: ...

The HomeBuilder is a program initiated by the Federal Government to help stimulate the residential construction sector as it contends with the economic impacts of COVID-19. Eligibility Criteria To be eligible for Homebuilder, you need to be an owner-occupier who is building or renovating homes and meet...

Celebrating another 30 June with delicious treats from our good friends at Moo Mouth Coffee in Geelong June is always the busiest month for financial planners and this was no exception. 30 June is always like the finishing line for financial planners and many will be...

I have been reading a fantastic book called The One Minute Millionaire by Mark Victor Hansen (you may have heard of him with the Chicken Soup For The Soul series) and saw this fantastic little excerpt calls The Lessons of The Cliff. I wanted to...

I have been reading a fantastic book called The One Minute Millionaire by Mark Victor Hansen (you may have heard of him with the Chicken Soup For The Soul series). I read the text below and I had to share it with you as I...

30 June is not exactly a big day of celebration for those outside of the finance world. But for those in the finance world, it is bigger than Christmas! And like Christmas you either feel incredibly excited or an impending sense of doom. For financial planners...

I have been just reading "The Cashflow Quadrant: The Rich Dad's Guide to Financial Freedom" by Robert Kiyosaki, author of the well known, must read, financial classic, "Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class...