A Message from the Team at Sage Business Group

As the Victorian Premier Daniel Andrews begins to announce the Governments roadmap for reopening we continue to find ourselves working remotely.  

We understand that there continues to be an element of frustration for many of our clients and we hope that with the decline in Covid-19 cases that there will be some much needed light at the end of the tunnel.

Unfortunately as mentioned previously this may create some additional requirements in relation to the processing of information so can we please ask that you continue to remain patient as we work our way through these challenging times.  Our team will continue to conduct phone and Zoom meetings for all appointments and ask that documentation be either emailed to admin@sagegroup.com.au or posted to P.O Box 665, Sunbury 3429

Supporting Individuals & Households - The Government is continuing to provide financial assistance to Australians to support them through the economic impact of Coronavirus.  The JobKeeper payment will continue until 28 March 2021 and is targeted support to those businesses and not-for-profits who continue to be significantly impacted by the Coronavirus.  The Government has also extended the payment period and adjusted the amount of its temporary Coronavirus Supplement for eligible income support recipients from 25 September 2020 to 31 December 2020.

The Government is temporarily allowing individuals affected by the Coronavirus to access some of their superannuation, extending access to 31 December 2020.

Eligible pensioners, seniors, carers and concession card holders have received two separate $750 Economic Support Payments.  The Government will provide two additional Economic Support Payments of $250 each.

While there is no playbook for our current set of circumstances and the situation is changing daily, Sage Business Group will continue to live into our core purpose which is  “to create lasting financial security WITH a balanced lifestyle through education”.

In order to live into that Core Purpose we will continue to provide information and updates regularly as the situation develops.  To assist you we have developed our own Sage Dedicated Covid-19 Financial Resource Hub here. 

We also encourage you, our clients, your family and friends to engage with our business on a multi channel basis which includes following us on Facebook and LinkedIn, subscribing to our YouTube Channel and our Blog plus subscribing to our email by completing the form as provided.

In addition to details on the stimulus package we will also be providing guidance, views and offers on the wider economic environment that we currently sit in.  We know that many clients have been taking the sit & see approach over the last 12 months and holding excess cash and bank funds in anticipation of a market correction.  Whilst we’re sure no clients were waiting for a Coronavirus event, the fact is that it has happened, interest rates have fallen again and the ASX200 has fallen by over 20% in value in the last few months.  In any event such as this there are opportunities available for some and if that is you we strongly encourage you to contact our office so we can discuss your specific circumstances in a timely manner.

Please continue to contact our office for support and we can work together through this period where we develop the playbook on a daily basis

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