COVID update – September 2020
Aged care facilities will now have to employ on-site infection control officers to receive COVID-19 prevention funding as new data has revealed the federal regulator did not enforce national infection prevention standards in some homes until tragically late. A...
South East Qld’s aged care restrictions will lift at midday, with the exception of one facility
Queensland has recorded one new case of COVID overnight. This is said to be a person who travelled from overseas and is in currently in hotel quarantine. In the last 24 hours there were 8,549 COVID-19 tests in Qld The overseas traveller is in hotel quarantine South...
Reduction in account-based pension minimums
As you probably know, capital losses from falling share prices are realised only if the company goes into liquidation or the shares are sold. Leaving investments intact may well offer the best chance to rebuild balances when markets pick up again, as they eventually...
What do the Deeming rate cuts mean?
Interest rates have been falling a lot faster and a lot longer than deeming rates for Centrelink and Veterans’ Affairs recipients, making it practically to even earn the current deeming rates from bank accounts. Higher-risk investments (in better markets) may...
