Money & Life contributors draw on their diverse range of experience to present you with insights and guidance that will help you manage your financial wellbeing, achieve your lifestyle goals and plan for your financial future.
Australians seeking to re-build following the recent bushfire emergencies may find the information and contacts below useful.
FEDERAL GOVERNMENT ASSISTANCE
DisasterAssist is being used as a temporary website for the current bushfire disaster as well as for disaster recovery payments. This information will move to the new National Bushfire Recovery Agency website soon.
In January 2020, the Government announced the creation of a new National Bushfire Recovery Agency to lead and coordinate a national response to rebuilding communities affected by bushfires across large parts of Australia.
The ATO can provide support to those impacted by bushfires including through lodgement/ payment deferrals, helping you find lost tax file number (TFN) details, re-issuing income tax returns, activity statements, notices of assessment, fast tracking refunds owed, helping you re-construct tax records and more.
The Financial Services Council (FSC) can assist with in finding a ‘lost’ life insurance policy by contacting its life insurance members and asking them to check their records and contact you if they have a policy or other relevant information.
The ACCI has launched a portal to help fire-affected small-to-medium-sized businesses access critical information in one location, including listings of available funding and grants from federal and state governments as well as information and resources on insurance, tax, work health and safety and more. The site also tracks what Australia’s chambers of commerce and industry associations are doing to help impacted businesses and communities.
Once the emergency has abated and you’re ready to start to re-build from disaster, you may need the support of a professional financial planner who has the technical expertise and knowledge of the latest legislative changes. Read more about how to find a financial planner including how to make sure your planner is properly licensed and qualified.
Use the FPA’s Find a Planner online directory to find financial planners who are FPA members in your geographic area. You’ll find their contact details so you can call or email directly to arrange a meeting.
Alternatively, you may prefer to use our new Match My Planner tool to connect with a CERTIFIED FINANCIAL PLANNER® professional. Using this tool, you can interact and get to know your potential financial planner until to feel ready to arrange a meeting.
Whichever service you choose, feel confident knowing that you will connect with highly reliable and knowledgeable financial planners.
OTHER COMMUNITY RESOURCES
Life in Mind
Life in Mind is a national gateway connecting Australian suicide prevention services to each other and the community. There are a range of services available for people who wish to seek mental health support due to the impact of bushfires.