Australian Government’s Response to Coronavirus

In the interest of the safety of you, your family, the community and our team, our office premises will be closed from 4.30pm on Friday 27 March 2020 for the foreseeable future, with all our staff working remotely from home.

Our team is still contactable on 9452 0071 or via email admin@spencerfinancial.com.au for all of your tax, accounting, bookkeeping and finance needs.

In terms of the Government’s Economic Response, the Government announced a second set of economic responses which, combined with their previous actions, total $189 billion across the forward estimates, representing 9.7 per cent of annual GDP. These actions provide timely support to affected workers, businesses and the broader community.

Update to Australian Government’s Economic Response to Coronavirus

The Government’s economic response targets the following areas:

Supporting Individuals and Households

Income support for individuals

Payments to support households

Providing support for retirees

Support for businesses

Delivering support for business investment

Cash flow assistance for businesses

Assistance for severely affected regions and sectors

I would strongly encourage you to click on the above links and read the fact sheets for more information on what financial assistance may be available to you and how the Government’s Economic Response may effect your situation.

We apologise for any inconvenience caused by closing the physical office, but we look forward to assisting you soon via email or phone and hope you find this information useful.

Regards

Greg Piotrowski
Director – Spencer Accountants