The coronavirus crisis has cast uncertainty over the investment plans of many businesses through the first half of 2020. But thanks to a joint announcement by the Federal Treasurer, Josh Frydenberg and Minister for Employment, Senator Michaelia Cash on 9 June, many are now moving those plans from the back burner to the hot plate.… Continue reading Extension to IAWO
Consumer finance is an area of the financial services sector which is highly regulated, with legislation in place to safeguard borrowers and to establish the obligations and regulations that lenders must comply with. This article is intended to educate our customers in this area and provide them with the information that they are entitled to… Continue reading Consumer Finance Lender Regulations
When our customers have us arrange a personal loan for them to purchase cars, boats, motorbikes or caravans we’re often asked if they can make extra payments in addition to the monthly repayments. Fair question. When organising a loan, most people will request a repayment level based on their financial circumstances at that time. Over… Continue reading Can I Make Extra Payments on My Loan?
When it comes to finance, there are a lot of terms, topics, rulings, issues and factors to take in, especially in relation to commercial finance. At Jade Finance, we endeavour to educate and inform our customers as much as possible to ensure they are well-informed. One of the topics which we’ve been asked about recently… Continue reading The Rule of 78 – What is it and why does it matter?
The restrictions are being lifted and it’s time to let go and get out and recapture your life. Or create a new-style of life after lockdown. Life won’t be quite the same as it was before coronavirus, at least for some time to come or until a vaccine is available. So you might have to… Continue reading Lifestyle After Lockdown
As we emerge from our coronavirus lockdown, the world is being told to prepare for a ‘new normal‘. But no one seems brave enough to provide any specifics around exactly what this new normal is going to look like. We just seem to hear incessantly that we are in unprecedented times and things will be… Continue reading Finance for the New Normal
Since the initial stages of the COVID-19, when coronavirus first emerged in Australia, Prime Minister Scott Morrison has regularly referred to the metaphorical ‘bridge’ that we were, as a nation, crossing. As the curve continues to flatten and we move further along that bridge, more and more individuals and businesses are looking to the other… Continue reading Getting over the pandemic bridge
‘Unprecedented’ is a description which we have come very used to hearing over the past few months. First it was in relation to the long-running drought, then it was the bush fires and now we seem to hear it every day in relation to the coronavirus global pandemic. Unprecedented has become the new normal and… Continue reading Refinancing in unprecedented times
In addressing the economic impact of COVID-19, the Australian Federal Government announced a range of stimulus measures for business. One of key interest to Jade Finance business customers has been the Instant Asset Write-Off (IAWO). To assist business understand this initiative, we have provided this explainer. IAWO Details The threshold for IAWO has been increased… Continue reading Instant Asset Write-Off: Explainer
The COVID-19 crisis in Australia has been devastating for many people – on both the health front and in economic terms. With hundreds of thousands of businesses forced to close, millions of employees have been stood down or lost their jobs completely. The effects have been particularly hard in the travel, tourism, entertainment, hospitality, the… Continue reading Deferring Loan Repayments: Explainer