Stay in the Know: Financial Stimulus & Relief Packages

business-news
Share on linkedin
Share on facebook
Share on twitter
Share on email

We wanted to reassure our clients that Saige is here to help you and your business during these uncertain times.

Things are changing rapidly both in health and economic reports. There is a lot to absorb and knowing how to interpret information and apply this to your business or personal situation is often difficult. We will continue to update this page with the relevant news supporting business.

Federal Government Support for Businesses

The following a specific measures taken by the federal government to support businesses. Access the key factsheets or our own customised resources here:

Federal Government Support for Individuals

NSW Government: Coronavirus Stimulus Package

ABA: Small Business Relief Package

  • Australian banks will defer loan repayments for small businesses affected by COVID-19 for six months. Read more here.

RBA: Interest rate cut

  • The Reserve Bank of Australia has reduced interest rates to a record low of 0.25%.

Health Advice for Businesses and Employees

We would also like to share the most recent advice from NSW Health for Businesses and Employees.

If you need to make any critical decisions on staff, investments or operations now, please give us a call on (02) 4365 7222We also encourage you to follow us on Facebook or LinkedIn to receive updates on the current conditions for business.

We do hope you and your family remain safe during the COVID-19 pandemic and that you pay attention to official health reports to keep you, your staff and your customers safe.

More insider tips

Stay up to date and in the know

Saige Financial Planning Pty Ltd and its advisers are Authorised Representatives of BD Financial Advisory Pty Ltd AFSL 502401 ABN 34 621 612 548. Please read our Financial Services Guide and consider our privacy policy.

Any information on this website is general advice only and does not take into account any person’s objectives, financial situation or needs. Please consider your own circumstances and consider whether the advice is right for you before making a decision.

Always obtain a Product Disclosure Document (if applicable) to understand the full implications and risks relating to the product and consider the Statement before making any decision about whether to acquire the financial product.

Liability limited by a scheme approved under Professional Standards Legislation.

Thank you for subscribing!

To confirm your email address, we have sent an email to you. You need to click the link in the email so we can complete your subscription.