DJP Financial Services in Melbourne, Victoria, Australia | Financial consultant

DJP Financial Services

Locality: Melbourne, Victoria, Australia

Phone: +61 437 007 740

Address: Level 7, 10 Queens Rd 3004 Melbourne, VIC, Australia

Website: https://nextaf.com.au/home-loans/

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24.01.2022 Want a great deal on finance or on a new car???

12.01.2022 The Federal Government has announced the second wave of stimulus to assist the Australian Economy worth some $66 billion. In summary the announcements are: - Eligible small businesses will receive a tax free payment of between $20,000 and $100,000 - tied to PAYG Withholding. This is an increase on the announcement from last week. - Additional $750 to certain welfare recipients. This is in on top of the original $750 announced last week that will be paid in April... - Loans of up to $250,000 for up to 3 years for a business with turnover under $50M. No repayments required for first 6 months. 50% of loan secured by the government. - Additional $550 per fortnight to those on Jobseeker Allowance previously called Newstart. - Pension minimum drawdown from super from currently 4% down to 2% to give retirees more choice of how they deal with their money. - Ability to access Superannuation under extended financial hardship measures based on certain qualifying requirements. $10,000 in current financial year and a further $10,000 in 2020/21. - Reducing penalties for trading insolvent during this virus. These announcements come in addition to the announcements over the weekend by the Australian Banking Association and the Victorian State Government DJP Financial Services will expect to receive further information starting this morning from our panel of lenders and us here to help you through this unprecedented crisis. #cashflow #smallbusiness #finance

09.01.2022 Record Low Interest Rates. The Reserve Bank of Australia has cut official interest rates to a record low of 0.25 per cent as it seeks to protect the economy from the financial fallout of the coronavirus pandemic. The bank's emergency quarter of a percentage point reduction in the official cash rate is the first change to rates outside an ordinary monthly meeting this century. Governor Philip Lowe, who is set to give a speech later this afternoon with more details, said the b...ank would hold the cash rate at 0.25 per cent "until progress is being made towards full employment and it is confident that inflation will be sustainably within the 2-3 per cent target band". He also announced the RBA would target the interest rate on Australian government 3-year bonds at 0.25 per cent. It would do this by buying bonds in the secondary market starting on Friday. The RBA will also provide at least $90 billion at 0.25 per cent over three years to banks if they lend that cash to small and medium-sized businesses. "The Reserve Bank will also continue to provide liquidity to Australian financial markets by conducting one-month and three-month repo operations in its daily market operations until further notice," he said. Dr Lowe said the package would aid the economy. See more

06.01.2022 In an effort to stimulate the economy, the Australian Federal Government has today announced a range of business friendly measures including: 1: Instant Asset Write Down turnover threshold has increased up to $500m. 2: The asset threshold is up from $30,000 to $150,000 per asset. (This applies where the asset is first used or installed ready for use by 30 June 2020).... 3: A further initiative has been introduced to allow a first year 50% depreciation for allowable assets (basically normal depreciable assets) with the balance of the cost depreciated at normal rates. (This runs to 30 June 2021) With interest rates at historic lows, there has never been a better time to invest in your business and be in the best possible position to take advantage when the market turns (as it always does). How can we help you??

04.01.2022 The Reserve Bank has slashed interest rates by 25 Basis Points making home finance the cheapest it has ever been in Australian history. Are you paying too much for your home loan? Contact us today for an obligation free home loan health check.