PWS Advisory Group Report and Updates on the Australian Government’s Economic responses to Coronavirus (COVID-19) and how it impacts you

By March 26, 2020 March 30th, 2020 News Articles

With the growing impact that the Coronavirus (COVID-19) is having across Australian and the Globe, the health and safety of our team, their families, clients, associates and the wider community is our utmost priority.

It is understood that whilst the measures undertaken by the recently implemented policies to curtail the spread of COVID-19 are necessary to ensure the health of those close to us is protected, we also appreciate that these measures have and are likely to place many individuals and business in a difficult financial position.

Clearly, there is pressure on businesses, personal finances and investment markets. The Government has and will continue to announce measures to aid the economy. The Banking system will also play a major role in providing support.

In assessing and understanding the implications to your business and families it is important to remember that you are not alone and that we are here and ready to support and help you.

As always, but now more than ever, it is important that in considering the impacts to you personally and your business that a holistic approach is taken into considering your overall personal circumstances and focusing on your personal wellbeing and objectives.

This is the core focus of our philosophy at PWS Advisory Group and we are well positioned to help you navigate these unchartered times.

Regarding the recent Government announcements and restrictions placed on businesses in response to COVID-19, in our report and over a series of videos we are going to cover the following issues:

We are currently awaiting legislation detailing the application of the above measures and note that they were introduced into Parliament for urgent consideration on the 23rd of March 2020. We will continue to keep you informed on the detail of the above measures and subsequent measures to follow.

Kylie Grotheer and our Wealth team are here to support you in considering your overall wealth and financial positions and to help you remain focused on your goals and objectives.

Mick Alexander and the Finance team will be providing updates regarding the measures taken by the banking industry, how this will impact you and the role we can play to assist with these measures. Beginning with and update on the current residential relief measures being introduced by the banks.

The way in which we can best assist you during this time of need is addressed in our full report and following video’s.

This is a difficult time for us all, but your overall wellbeing must remain the primary focus.

Please remember we are all here to help and together we will all make a positive difference and get through this season.

Read the full report here…

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