Crothers & Associates in Wodonga, Victoria | Investing service

Crothers & Associates

Locality: Wodonga, Victoria

Phone: +61 2 6009 1699

Address: 10 Stanley Street 3690 Wodonga, VIC, Australia

Website: http://www.crothersaa.com.au/

Likes: 477

Add/Update information

Reviews

Tags

• Investing service
• Financial planner

25.01.2022 No matter what happens, stick to your program. Ive said stay the course a thousand times, and meant it every time. It is the most important single piece of investment wisdom I can give to you. John C Bogle Founder of Vanguard www.crothersaa.com.au #longterminvesting #staythecourse #opportunitypresents #diversify #financialplanning

25.01.2022 Having a strong retirement system is good for the economy. It means retirees can have more discretionary spending in their golden years and it also hopefully means less money is needed from the government to fund the aged pension. Its good for everybody. The only argument against more money in the superannuation is that it delays short-term spending for the economy. www.crothersaa.com.au #retirementplanning #retirement #financialplanning #financialfreedom #lifeinsurance #investing #investment #retirementgoals #money #financialadvisor #financialliteracy #wealth #finance #personalfinance #financialindependence #savings #wealthmanagement #seniorliving #estateplanning #retirementplan #financialplanner #financialeducation #retirementcommunity #seniorcare

25.01.2022 Some good news.....But hang on to your hats for further volatility. The Dow Jones Industrial Average surged 1352 points or 6.4 per cent in New York trading overnight which sets up an increase to the ASX today! As a result, the benchmark is now 21 per cent higher from its Monday low, establishing it in a bull market. The gains recorded in the past three days were the indexs strongest three-day percentage increase since 1931. www.crothersaa.com.au ... #opportunityknocks #directshares #asx200 #cashratessoloooowwww#sharesonsale #longtermgrowth #portfolioconstruction #stockselection #bluechipshares #financialplanning #compoundinterest #professionaladvice #alburywodonga #strongerwodonga #familybusiness See more

25.01.2022 Did you know that people aged 65 and over can now make a voluntary contribution to their super of up to $300,000 using the proceeds from the sale of their home regardless of their work status, superannuation balance, or contributions history. For couples, both people are able to take advantage of this opportunity, which means up to $600,000 per couple can be contributed toward super. For more information please feel free to contact us. www.crothersaa.com.au #downsizersupercontribution #saleofhouseintosuper #preretirement #retirementadvice #super #supercaps #supercontributions #alburywodonga #strongerwodonga #professionalfinancialadvice #familysmallbusiness

22.01.2022 The Reserve Bank of Australia - RBA has cut rates again following calls from within the business and finance community for the bank to provide more stimulus to the Australian economy. The cash rate now stands at 0.50 per cent. www.crothersaa.com.au #rba #interestrates #willthebankspassitoninfull

22.01.2022 A quick snapshot of the Government financial stimulus package. www.crothersaa.com.au Financial Review #rba #apra #cashflow #smallbusiness #coronavirus #sme #welfarepayments #earlyreleaseofsuper #retiress #financialplanning #strongerwodonga

22.01.2022 Tick, tick.... Interesting article in last weekend's Financial Review regarding the current residential property sector, in particular for Albury, New South Wales, Australia and Wodonga, Victoria www.crothersaa.com.au #LocalProperty #realestate #realestateinvestor #financialplanning #doyourresearch #SmartInvesting #longterminvesting

21.01.2022 The Morrison Government has just announced that it will extend the early super access scheme amidst new economic data. The application period for early access to superannuation will be extended from 24 September to 31 December 2020 for individuals who are still financially impacted by COVID-19. The most recent APRA figures put early super withdrawals at $28 billion, slightly above the Treasury estimate of $27 billion. www.crothersaa.com.au #earlyaccesstosuper #covid19 #seekadvice #super #retirementsavings #smallbusiness

20.01.2022 Investors woke to the shocking news that a key oil benchmark turned negative in overnight trade for the first time in history. But what does this mean for ASX investors and are our energy stocks therefore worthless? The futures contract for the West Texas Intermediate (WTI) crude to be delivered in May plunged to minus US$37.63 a barrel. This means oil producers are paying their customers to take the commodity. You have to stand back and appreciate the moment. This could be t...he only moment in our lifetime to witness such a phenomenon. www.crothersaa.com.au #motleyfool #asx #oilproducers #petrolhopefullynowcheaper #financialplanning #alburywodonga #strongerwodonga See more

18.01.2022 Big special birthday to the Queen of the office today :) Have an awesome birthday Sarah Crothers www.crothersaa.com.au #lifebeginsat40 #bosslady #somanyflowers #cupcakeday

18.01.2022 Attention Business Owners - Changes to awards in 2020 The Fair Work Commission have been reviewing all modern awards external since 2014, as part of the 4-yearly review of modern awards. During this process, theyve clarified how some award clauses work and changed other clauses. The first tranche of awards apply from the first full pay period on or after 4 February 2020. Further information can be found via www.fairwork.gov.au www.crothersaa.com.au... #smallbusiness #awardchanges #effectivefeb2020 See more

18.01.2022 All of us at Crothers & Associates have been deeply affected by the recent bushfires across the country, in particular within the local communities of the Upper Murray, which has had a devastating effect on some of our clients. Our office wanted to raise some funds in which will go a small way with helping rebuild our clients communities and their relevant livelihoods. With this, and special mention to Zabuui Hair Designers Wodonga Hairdresser and Dione May, and the respect...ive people who donated we are extremely pleased to report that we have raised $4,209.00 within the last few weeks which has been used to purchase MG Trading (Murray Goulburn Corryong) vouchers in which we have hand delivered to these affected clients, and also people that have lost their homes within the Upper Murray. Several days have also been spent helping re-establish properties with required fencing, which will still take further weeks to restore. We encourage everyone to help these amazing people, as it will take several months, if not years for them to financially and emotionally recover. As we know country people are the backbone of this great Country we live in. www.crothersaa.com.au UPPER MURRAY Bushfire Support Business Wodonga #australianbushfires #bushfirecrisis #ride2recover #bushfirerecovery #railtrails #roadtrip4good #emptyesky See more

18.01.2022 Please be advised that unfortunately we are having telephone issues today due to technical issues with our provider, please contact Trent or Sarah on their mobiles, or send an email to [email protected]. We are hopeful this matter will be resolved ASAP. Sorry for any inconvenience caused. www.crothersaa.com.au

17.01.2022 The Morrison government will this week extend the instant asset write-off of $150,000 by another six months to December at an expected cost of $300 million in an effort to prevent a further crash in business investment. The instant asset write-off scheme provides immediate tax deductions for small and medium-sized businesses. Assets that can be written off under the scheme can be new or second hand and could include, for example, a truck for a delivery business or a tractor for a farming business. www.crothersaa.com.au #smallbusiness #taxdeduction #assetwriteoff #extended #150k #afr

17.01.2022 The RBA has made its decision today on interest rates - The cash rate remains at 0.75%. #interestrates #rba #nextmove?The RBA has made its decision today on interest rates - The cash rate remains at 0.75%. #interestrates #rba #nextmove?

16.01.2022 Bank shares have long been a staple of dividend investors, however bank dividends are no longer as reliable as they once were. Earlier today the CBA slashed FY20 dividends by 31%. Bank dividend payout ratios may not return to pre-virus levels until a couple of years, at best. With banks paying out a lower proportion of profit in order to manage capital, investors may be in for a significant wait before bank dividends return to levels seen in the past. Time to review your share portfolio?? www.crothersaa.com.au #reviewyourshareportfolio #alterntivetobankstocks #nolongerdarlingsofthemarket #asx #equities #stockmarket #bankstocks #financialplanning #asx200

16.01.2022 If youve lost your job or need financial help, you may be eligible for Centrelinks JobSeeker Payments and the Coronavirus Supplement. If you dont have a MyGov account to make a potential claim, please see the below instructional video on how to set this up. Please feel free to contact us if you have any further questions. https://www.youtube.com/watch?v=tA0rbD_t3TY www.crothersaa.com.au #ato #covid19 #mygov #jobseekerpayment #centrelink #financialplanning #professionaladvice #alburywodonga

16.01.2022 Biden versus Trump and investment markets........ The US election has significant potential to add to volatility in investment markets. A Trump victory will mean more of the same and would likely initially be more positive for US than global and Australian shares. By contrast a Biden victory may add to short-term volatility but this is likely to be short lived as there is no reason to expect a weaker economy and hence share market under a Biden presidency and he is likely to ...take a less disruptive approach to trade and foreign policy. Source - AMP Ltd www.crothersaa.com.au #USElections2020 #Trump2020 #Biden2020 #investment #ASX #DowJones #retirementplanning #superannuation #strongerwodonga #financialfreedom #financialplanning See more

15.01.2022 The investor Sir John Templeton once said Bull markets are born or pessimism, grow on scepticism, mature on optimism and die on euphoria www.crothersaa.com.au #stocks #stockmarket #investing #trading #money #asx #finance #investment #business #investor #invest #wallstreet #trader #entrepreneur #wealth #daytrader #financialfreedom #success #passiveincome #frankingcredits #professionaladvice #financialplanning #alburywodonga #strongerwodonga #familybusiness

13.01.2022 Legislation for JobKeeper Payment has now passed. What you need to know. The successful passage of the governments JobKeeper package through parliament means an estimated $130 billion will be paid to hundreds of thousands of businesses to subsidise the wages of about 6 million employees.... Here is who will get the payments and when: Who qualifies? Businesses that have lost 30 per cent of their turnover, or 50 per cent if they usually bring in more than $1 billion annually, in a month-long period compared with last year. Charities that have lost 15 per cent of their turnover in the same period. It covers full-time, part-time and casual staff, but casuals need to have been with the business for a year. It also includes sole traders, which covers gig economy and self-employed workers. Workers on temporary visas are not covered, unless they are New Zealanders on special category (subclass 444) visas. How much? Businesses will receive $1500 a fortnight which is 70 per cent of the median Australian wage per eligible employee. If the employee usually makes more than $1500, then the employer is expected to make up the gap. If the worker has been stood down, the employer need only pass on the $1500. Workers who usually earn less than $1500 a fortnight still get the full amount. Employers only have to pay superannuation on any top-up amounts above the $1500. Employers can change their staff hours to whatever amount would bring their pro rata pay down to $1500 per fortnight, provided COVID-19 means there is less work for that worker compared with usual circumstances. Annual leave The payments can be used to subsidise holiday pay. Eligible employers can also direct staff to take leave under changes to the Fair Work Act passed with the JobKeeper program. This has to be done by agreement between the boss and employee, but must not leave the latter with less than two weeks holiday remaining in their leave balance. How is it paid? Employers will pay staff the JobKeeper payment through their existing payroll systems. They will then be paid in arrears by the Australian Tax Office monthly. The first payments wont be received until the first week of May, but they will be backdated to March 30. The Australian Banking Association says businesses who will struggle to pay staff until May can apply to use the JobKeeper program as a basis to seek credit to tide them over until then. www.crothersaa.com.au Financial Review #jobkeeper #ato #mygov #smallbusiness #scomo

12.01.2022 It will be very interesting to see the eligibility for this, if confirmed. . Unfortunately there may be individuals that take advantage of this in the wrong way www.crothersaa.com.au #cashgrantforrenos #smallbusiness #tradies #meanstested #localbuilders #homerenos #covid19

12.01.2022 If youre trying to generate income then the RBAs official interest rate of 0.25% isnt going to do much for you unless youre just protecting capital though the coronavirus crisis. But there are some ASX dividend shares which will handsomely reward you for owning them over the years. Please feel free to contact us and we will explain :) www.crothersaa.com.au #opportunityknocks #directshares #asx200 #cashratessoloooowwww #longtermgrowth #portfolioconstruction #stockselection #bluechipshares #financialplanning #compoundinterest #professionaladvice #alburywodonga #strongerwodonga #familybusiness

12.01.2022 To borrow from John Kenneth Galbraiths famous quote on forecasters I will admit that I know that I dont know... So a good approach for long-term investors is to average into markets after bear market falls over several months. www.crothersaa.com.au... #investmentmarkets #directshares #asx #longterminvestors #covid19 #financialplanning #qualitybusinessesonsale See more

11.01.2022 The Australian Stock Exchange (ASX) has today hit a five-month high. Presently Australian shares have lifted the benchmark S&P/ASX 200 up 67.2 points, or 1.1 per cent, to 6177.4, its highest level since March 6. Should you buy, sell or hold?? www.crothersaa.com.au #stocks #stockmarket #investing #trading #money #asx #finance #investment #business #investor #invest #wallstreet #trader #entrepreneur #wealth #daytrader #financialfreedom #success #passiveincome #frankingcredits #professionaladvice #financialplanning #alburywodonga #strongerwodonga #familybusiness

10.01.2022 WOW what a great garden! We are so proud of our new business and our evolving garden which has taken time to grow and so we ask for your help as two ladies decided this morning to help themselves to our new additions whilst going for their morning walk..... We very kindly ask for them to be returned or replaced. Wodonga Police have been contacted, if anyone has any information on this theft we would appreciate your assistance. Please feel free to share. Thanks in advance. www.crothersaa.com.au

10.01.2022 Working from home.... Please be advised that due to the current Government guidelines with the Covid-19 virus, our office doors will be closed until further notice. While our office doors are closed, we are still open for business by phone, email or on the internet.... Phone (02) 6009 1699 Email [email protected] Website www.crothersaa.com.au We hope you all stay safe during this difficult time. The team at Crothers and Associates.

09.01.2022 Love this :) So, who else owns a Zoom Shirt? With video calls the new norm, workers are confessing to what the New York Times calls the Zoom Shirt a top that can be hastily pulled on just before the camera turns on to help maintain a corporate image. (Even if, like the mullet, its actually business on top and party down bottom.) Some have a one-off Zoom Shirt, while others say they rotate their Zoom Shirts. Retailers have jumped on the trend, along with its variants Zoom Scarf and Zoom Sweater, filling consumers inboxes with video call-ready tops. www.crothersaa.com.au #zoomshirt #newcorporateworld #newyorktimes #videocallready #financialplanning #professionalatalltimes

08.01.2022 With the S&P/ASX 200 index shedding close to 30% of its value over the past month or so, many investors would be feeling the pain right now, or be excited by the opportunity this presents. We are not suggesting weve found a bottom in the market right now in fact, we very well could go lower from here. But no one knows when that will happen.. What we do know is that whilst stock market crashes like this are painful on paper, Im sure there are many people out there desp...erate to know how to take advantage of the current situation for long-term wealth creation and investing into these excellent businesses within the ASX200. www.crothersaa.com.au #opportunityknocks #directshares #asx200 #sharesonsale #longtermgrowth #portfolioconstruction #stockselection #bluechipshares #financialplanning #compoundinterest #professionaladvice #alburywodonga #strongerwodonga #familybusiness See more

08.01.2022 EOFY IS FAST APPROACHING........ 1. Complete extra super contributions and claim a tax deduction. 2. Make catch-up super contributions 3. Make the most of non-concessional contribution rules. 4. Get a super top-up from the government.... 5. Boost your spouses super and reduce your tax. 6. Take advantage of the first home super saver (fhss) scheme. 7. Contribute the proceeds from the sale of your home to super. 8. Check your insurance cover. 9. Consider setting up a salary sacrifice arrangement with your employer. www.crothersaa.com.au #eofy #superannuation #retirementsavings #boostsuper #taxplanning #spousesuper #personalinsurance #salarysacrifice See more

07.01.2022 8 ways to get your money working harder during COVID-19 Make extra repayments to get a head start on your home loan Set up an offset account to reduce the term and interest on your home loan. Open a high-interest savings account to get your money working harder... Put some money aside for a rainy day by setting up an emergency fund so youre not caught short if something happens. Top up your super by making extra contributions to set yourself up for a comfortable retirement. Look at investing in growth assets like shares to potentially build your long-term wealthrather than trying to time the market by purchasing shares on any given day. Check out different types of assets you can invest in, from cash to real estate investment trusts and all points in between. Theres more to investing than super and property when youre building your own investment portfolio. Seek a qualified and transparent Financial Adviser that charges a fixed hourly rate. www.crothersaa.com.au #moneyworkingforyou #getaheadstart #financeforthefuture #offsetaccount #homeloan #highinterestsavings #extrasupercontributions #growthassets #directshares #etfs #differentassetclasses #qualified #transparent #fixedfees #financialplanning #alburywodonga #familybusiness See more

06.01.2022 All staff are now working from within the office, and our doors are now reopened for business. We have created a COVIDSafe Plan within the business, to help protect our clients, staff and visitors. We are practicing social distancing within the office and have implemented the following guidelines: www.crothersaa.com.au #covidsafe #covid19 #strongerwodonga #familybusiness #financialplanning #FinancialGoals2020

06.01.2022 EASTER COMPETITION! We all need a bit of Easter cheer after the year thus far...... For your chance to win this amazing Easter Hamper packed full of chocolate treats, simply follow the steps below. Flowers not included :) ... 1 Like our page and this post 2 Tag two friends 3 Share this post The winner will be chosen at random on Tuesday 14th of April and must be able to pick up from our office by 5pm Friday 17th April. Good luck! www.crotheraaa.com.au #happyeaster #allthechocolate #eastereggcomp #strongerwodonga #financialplanning #alburywodonga #flowersnotincluded

06.01.2022 Position vacant - Junior Business Administration Trainee - Certificate III in Business. If you have recently completed Year 12 we would love to hear from you. Catholic College Wodonga Careers Wodonga Senior Secondary College Corryong College Tallangatta Secondary College Rutherglen High School Careers The Scots School Albury #financialplanning #financialservices #careergoals www.crothersaa.com.au

06.01.2022 It's time to plan your future...... We're passionate about helping people to plan for, and enjoy, a secure financial future. www.crothersaa.com.au #financialplanning #financialfuture #helpingpeoplereachtheirdreams #knowledge #experience #professionalstandards #ethicalprinciples #bestinterest #strongerwodonga #familybusiness

06.01.2022 We would like to sincerely thank all our clients for their ongoing support in 2020, and we look forward to working with you in 2021. Remember take time over the Xmas period to reflect, consider and apply in preparation of a great 2021. We wish you and your families a Merry Xmas and Safe New Year. Crothers & Associates www.crothersaa.com.au

05.01.2022 What a rollercoaster this week with the share markets...... But what is this. Allens Lollies now have an entire bag of black cats!! Friday afternoon sugar hit for someone here in the office, who thinks they are a cult favourite Some would disagree.. www.crothersaa.com.au... #blackcatsarethebomb #fridayafrernoonintheoffice #sugarhit #investments #directshares #longterminvesting #lowcashrates #financialplanning #strongerwodonga #familybusiness See more

05.01.2022 We want to let you know that the health, wellbeing and safety of our employees and clients at Crothers & Associates is our top priority. Although our office doors will be closed from tomorrow, we are very much still open for business, but like everyone, we have had to make some changes to the way we do things. Please do not hesitate to contact us via our normal lines of communication with phone 02 6009 1699 or [email protected] Stay safe. www.crothersaa.com.au

05.01.2022 Starting a family is an exciting time but it can also be an expensive one. Plan for the future, and the unexpected.... www.crothersaa.com.au #financialplanning #financialfuture #helpingpeoplereachtheirdreams #knowledge #experience #professionalstandards #education #childrensfuture #mortagestress #personalinsurance #cashflowstress #estateplanning #exploreyourfinances #createwealth #savingsgoals #savingsplan

05.01.2022 The Australian Taxation Office has extended due dates for JobKeeper payment enrolments. More information in their post below. www.crothersaa.com.au #jobkeeper #ato #smallbusiness #employees #employers

04.01.2022 Super update for this financial year - The two main changes are the abolition of the work test for those aged 66 and 67 years old and the extension of spouse contribution for those aged between 70 and 75 years. For further technical assistance - www.crothersaa.com.au #super #preretirement #worktest #spousesupercontribution #financialplanning #alburywodonganadsurrounds #familysmallbusiness #strongerwodnga #loveourprofession #value #professionaladvice #supermario

04.01.2022 The Coronavirus is slowly jumping international borders after its initial spread in China, and our share markets both locally and abroad have not been immune to its impact. Please feel free to contact us if you feel that this current situation may have an impact on your investment outlook and portfolio. www.crothersaa.com.au #financialplanning #professionals #alburywodonga #strongerwodonga #familybusiness #asx #coronavirus

03.01.2022 A quick recap of what we know about the changes to JobKeeper and JobSeeker: JobKeeper will be cut at the end of September. Workers will get $1200 a fortnight if theyre full-time and $750 if theyre part-time, down from the current single rate of $1500. The expiry date has been extended to March 28, 2021, and further changes are due at the end of December. Then the rate will fall to $1000 for full-time workers and $650 for part-time workers, covering those workers doing 20 ho...urs or less a week. The JobSeeker coronavirus supplement will fall at the end of September to $800 a fortnight, lasting until the end of the year, down from $1100. www.crothersaa.com.au #jobkeeper #jobseeker #sme #covid19 #ato #afr Radio 2AY See more

03.01.2022 Bushfire support - Pro Bono Financial Advice To support the local community impacted by the 2019/20 bushfire crisis, Crothers & Associates is working together with the Association of Financial Advisers (AFA), in a co-ordinated and collaborative industry response, to establish a Pro Bono Financial Advice program where we will volunteer our time to help our local communities impacted by the bushfires to rebuild financially. We expect that once the fires are extinguished, for ma...ny weeks, months and even years after, those affected will face significant financial pressures requiring the support and expertise of a Financial Adviser. For example - While the conditions of release to access superannuation funds are quite restrictive before retirement or age 65 there are three potential conditions where affected individuals may be able to access their super. Severe Financial Hardship where applications are assessed by the fund trustee Compassionate Grounds, administered by the ATO, and Reaching preservation age Please do not hesitate to contact us if you wish to review your current situation and you have been affected by the recent bushfires. www.crothersaa.com.au AFA Association of Financial Advisers UPPER MURRAY Bush Fire Support #bushfires #uppermurray #corryong #bushfirefinancialsupport #probonofinancialadvice #compassionategrounds #superannuation #afa See more

03.01.2022 In whatever form, using whatever words, the idea of buying great businesses and holding them for as long as it makes sense is a tried and tested approach to investing well. But these are no ordinary times........ Seek professional advice. www.crothersaa.com.au #financialfreedom #financialplanning #covidlockdowns #financialliteracy #investment #financialeducation #financialgoals #investing #financial #asx #financialservices #entrepreneur #retirement #wealth #wealthmanagement #retirementplanning #personalfinance #covid #motivation #financetips #financialadvice #invest #directshares #shares #equities #longtern #bangforbuck #termdepositalternatives #theworldhaschanged #seekprofessionals #staystrong #staysafe

01.01.2022 The increasing economic threat from Coronavirus - What does it all mean for investors? The rapidity of the fall in share market has been scary. In our view the key things for investors to bear in mind are as follows: Periodic sharp falls in share markets are healthy and normal. With the long-term trend ultimately remaining up & providing higher returns than other more stable assets. Selling shares or switching to a more conservative investment strategy after a major fall... just locks in a loss. When shares fall, they are cheaper and offer higher long-term return prospects. So, the key is to look for opportunities the pullback provides. Its impossible to time the bottom but one way to do it is to average in over time. While shares have fallen, dividends from the market havent. Companies like to smooth their dividends over time they never go up as much as earnings in the good times and so rarely fall as much in the bad times. Shares and other related assets bottom at the point of maximum bearishness, ie, just when you feel most negative towards them. The best way to stick to an appropriate long-term investment strategy, let alone see the opportunities that are thrown up in rough times, is to turn down the noise. www.crothersaa.com.au See more