corona virus

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Deferral of the 2020/2021 Federal Budget – how will it affect businesses?

Governments across the globe are putting in place a variety of different measures in an attempt to halt the spread of COVID-19. Inevitably, some of these measures have a significant impact on the economy but are necessary in order to slow the spread of the coronavirus. In addition to the effects social distancing and other…

How your business can benefit from the COVID-19 financial stimulus

The Australian Government has announced a $17.6 billion stimulus package on the 12 March 2020 in order to prevent Australia falling into a recession. Further, announced on the 22 March 2020 an additional $66 billion stimulus package on top of the previously announced $17.6 billion stimulus was announced. This is due to the economic impact…

Information is power: protecting businesses from corona virus

Every day the continuing spread of corona virus brings more developments as governments worldwide introduce measures like social distancing and quarantine to manage its effects. Stock markets are taking hits. Financial projections are shrinking. And it seems no business is immune to the disruption this virus is bringing. But at Pherrus Financial Services we are…