Money Matters

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Money Matters

Kasey Wilson • August 26, 2014

Feel like you don't know where your money is disappearing to?

As a 19 year old in my first year as a full time employee, I was often left wondering what my money was going towards. From not having to worry about what I was spending whilst at school to having to save money for the necessities such as rent, bills and food while still trying to spare some for weekends out with friends, the word 'overwhelmed' comes to mind.

Fortunately for me, GMG have started offering a "Money Matters" program to our clients. They suggested I download a handy app called 'Track my Spend' (free from the App Store). This app allows you to record each little thing you spend money on for a period of time and it's surprising how quickly the little things add up. From that I was able to have a go at our Money Matters Project – helping me to figure out where my money was going and redirect some of it into a savings account.

If you are tired of stressing about money and want to feel like you are in control of your finances, give us a call on 5032 9422 and make a "Money Matters" appointment.

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COVID-19 Stimulus Package - Coronavirus Income Support Supplement Payments

By Daniel Mangiameli • March 24, 2020

A $550 fortnightly Coronavirus supplement, to commence from 27 April for an initial six month period, will be paid to eligible recipients. Eligibility Permanent employees who are stood down or lose their employment, sole traders, the self-employed, casual workers and contract workers. This payment is in addition to the JobSeeker Payment under expanded accessibility Existing and new recipients of the JobSeeker Payment, Youth Allowance JobSeeker, Youth Allowance Student, Parenting Payment, Farm Household Allowance, Special Benefit If you're already receiving one of the welfare payments listed above, you don't actually have to do anything. Services Australia will automatically pay the Coronavirus Supplement to eligible recipients each fortnight. If you're not currently receiving welfare, you'll need to apply online at MyGov using a Centrelink account or contact Services Australia by phone. If you require further information on any of the above, require assistance in working out your eligibility or h

COVID-19 Stimulus Package - Apprentices & Trainees

By Daniel Mangiameli • March 24, 2020

In line with the second economic response package, the federal government is supporting small business to retain their apprentices and trainees. Wages subsidies will be paid to eligible employers equal to 50% of their apprentices/trainees wages from 1 January 2020 to 30 September 2020. Employers who are eligible will be reimbursed up to a maximum of $21,000 per apprentice/trainee. Eligibility The subsidy will be available to small businesses employing fewer than 20 full-time employees who retain an apprentice or trainee as at 1 March 2020. Has re-employed a displaced apprentice/trainee, who was employed by a small business at 1 March 2020 but who has since been released from their apprenticeship/traineeship by their employer. Employers will be able to access the subsidy after an eligibility assessment is undertaken by an Australian Apprenticeship Support Network (AASN) provider. Employers will be able to access the subsidy after an eligibility assessment is undertaken by an Australian