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Welcome to the Accounting Evolution blog space. Here we aim to keep you informed – always, and entertained – where possible (it is tax and accounting after all), with selected content designed to keep you abreast of changes, trends, new products and anything else of interest in the world of Tax and Accounting. If you want to know what’s happening, come back regularly to the Accounting Evolution blog pages.

Economic Update Video – April 2020

The health and economic impacts of the coronavirus increased exponentially in March, as did the response of national governments and central banks, below is a video to assist you to stay up to date with the latest indicators.

Global markets fell during March, reacting to the ongoing situation and government stimulus measures with volatility.

The cash rate for April has been left unchanged, however the RBA cut the cash rate twice in March –

4/3/2020 decreased to 0.5%

20/3/2020 decreased to 0.25%

The RBA also began buying government bonds to bring yields down in line with the cash rate.

The RBA additionally offered a term facility to banks so they can supply credit to small and medium businesses.


In these unprecedented and challenging times we are here for you.


Please get in touch if you’d like assistance with your personal financial situation.

This Newsletter provides general information only. The content does not take into account your personal objectives, financial situation or needs. You should consider taking financial advice tailored to your personal circumstances. We have representatives that are authorised to provide personal financial advice. Please see our website www.evogroup.net.au or call 02 9098 5055 for more information on our available services.

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