Build your financial security with OBT Financial Group – Lockyer Valley’s Business of the Year 2015 and specialist financial advisers to individuals, business owners and farming families on accounting, tax, business advice and wealth planning for over 30 years.
The world began 2020 much as it ended in 2019. There was growing optimism in the global economy with expectations that the US and China had ‘buried the hatchet’ on trade disputes and the United Kingdom would be exiting the European Union (EU) in a less disruptive fashion. This optimism lasted until February.
Important notice from OBT Financial Group
Due to the government announcing massive fiscal measures in the last two weeks we would like to encourage all our regular BAS clients to please organise to deliver (preferably by email) your March BAS documents/files to us as soon as possible as you may be entitled to the Boosting Cash Flow for Employers government stimulus package.
Government’s Stimulus Package in response to COVID-19
To help you gain a better understanding of the government stimulus measures that you may be able to access, we have summarised the key developments as they stand so far.
Autumn economic outlook
In Australia, economic growth in the September 2019 quarter remained weak with annual growth at 1.7% in the Autumn 2020 economic outlook.
Economic outlook summer 2019
The trade war between the United States and China continued during the September 2019 quarter as the US imposed new tariffs on goods imported from China.
Economic outlook
Slow economic growth is a global theme, with few exceptions. The Australian economy is not immune to this slowdown.
Winter economic outlook
The recent Federal election will have a major influence on the economy as will government spending in the future. Read why.
Economic outlook
Economic outlook Spring 2018 International share markets experienced major fluctuations during the June quarter owing to ongoing trade-tariff tensions. The Australian economy grew strongly, driven by strong Government spending on infrastructure and increased demand for Australian mining exports. International shares International shares swung between strength… Read More >>
Economic outlook
Why your chances of a pay increase could finally be improving With 2018 now underway, many Australians may have noted ‘pay increase’ in their new years’ resolutions list. While the economic conditions over the past few years may not been ideal for having successful conversations… Read More >>
Economic outlook
Australian economy The Australian economy is growing in line with the Reserve Bank’s forecast. Growth in consumption and the contribution from net exports was higher in the June quarter than the March quarter, and the decline in mining investment has mostly passed. Household consumption growth… Read More >>
