The increasing spread of the Coronavirus
March 2, 2020
Key Points
- While reported new coronavirus cases in China have slowed, the pickup in cases outside China has led to a renewed sharp fall in share markets and bond yields.
- Our base case is that the outbreak will be contained allowing share markets and bond yields to rebound in the June quarter.
- However, the hit to economic activity is deepening and the risks around Covid-19 becoming a pandemic have risen leaving shares vulnerable to more near term falls.
- The key for most investors though is to recognise that periodic share market falls are inevitable and hard to time and so it's best to take a long-term approach to investing.
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Easing the Burden: Comprehensive Measures for Cost of Living Relief
Although we all feel that Christmas parties are a well-earned expense, they are not necessarily tax deductible and can sometimes attract additional tax. See the attached document for a summary.
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Claiming Home Office Running Expenses in 2023
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The RBA hikes rates by another 0.25%
