BMG Financial Planning and Accounting Albury Wodonga

April 2020

COVID-19 support | Investment bonds | Household wellbeing | Market volatility | WFH ergonomics

In this month’s newsletter, we begin with a two-part series on the Government’s recent, and now legislated (where applicable), support for individuals, households, and businesses affected by COVID-19. Our animation illustrates investment (insurance) bonds; depending on your personal circumstances, there can be situations where it’s beneficial for you to tax-effectively build and hold a portion of your wealth outside of super. When an adverse event arises, the outcome for those with an appropriate measure in place and those without can be vastly different; we list various personal finance measures worth considering. We also share a video by Morningstar, an investment research house, on market volatility and long-term investment fundamentals.

Lastly, for some of us, working from home may be the new normal. Given this, we have included a video by the Wall Street Journal on creating an ergonomic working environment to help reduce repetitive strain injuries.

We hope you are safe and well in this difficult time. If you have any queries or concerns relating to your personal finances, please contact us.

COVID-19 economic response: Individuals and households

Economic and financial issues continue to emerge from the COVID-19 pandemic. In this article, we provide information on the Government’s support for individuals and households in this difficult time…

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Investment (insurance) bonds animation

When building and holding wealth, in certain circumstances, a non-super investment vehicle can be an appropriate consideration. In this animation, we illustrate investment (insurance) bonds.

Launch Video

COVID-19 economic response: Businesses

Economic and financial issues continue to emerge from the COVID-19 pandemic. In this article, we provide information on the Government’s support of businesses in this difficult time.

Read More

Appropriate measures, adverse events and positive outcomes

When an adverse event does occur, the outcome for those with an appropriate measure in place and those without can be vastly different. In this article, we list various personal finance measures.

Read More

Morningstar: Market volatility and investment fundamentals

Rational decision-making, especially during increased market volatility, can often make all the difference. In this video by Morningstar, market volatility and investment fundamentals are discussed.

Launch Video

Wall Street Journal: Ergonomic remote working

Flexible working arrangements can include, among other things, remote working. In this video, the Wall Street Journal showcases how to create an ergonomic working environment.

Launch Video