', 'auto'); ga('send', 'pageview');

Peter Vickers Business Group COVID 19

By Peter Vickers | business, small business, tax, COVID-19, Accounting, Insurance, superannuation, Investment |

 COVID 19 

Dear Team & Clients

The country is clearly in recession. A million entertainment and food workers have been  laid off and thus are not earning income to meet their living expenses.

There are some businesses that are experiencing a shortage of labour like super markets and pharmacies, manufacturers of toilet paper and sanitisers and farmers.

People laid off must be encouraged to look for alternate sources of income.

The same applies for the businesses that have been closed. I noted today that most of the food shops in Lindfield are open for take away or are advertising home delivery but have removed their tables and chairs. That is being entrepreneurial.

It is important that we encourage our clients to work harder to earn income and to be innovative. The worst you can do is give up.

It is income that will keep us afloat not cutting expenses. Deferring repayment of loans, increasing borrowings or deferring tax payments is not really a solution as in six months’ time when we are back to normal payment commitments would be double.

The only real solution is to work harder.

During the GFC Australia became the hardest working country in the world. That is the real reason we did not go into recession. This is an amazing story from a country that was known as a bunch of dole bludgers, who were always taking a sickie and when tea was the major activity of the day. Our national character took over when the emergency had finished we became laid back again. It’s now time to get back and do some hard work.    

Yours sincerely


Peter Vickers BSc BEc FCA


'Personal Services, Professional Results'



Join our newsletter subscription


Suite 2/345 Pacific Highway,
Lindfield, NSW 2070

T: 61 2 9496 2300

Peter Vickers Insurance Brokers

Suite 2/345 Pacific Highway
Lindfield NSW 2070
T: 1300 784 011


Suite 3, 31 Brabyn Street
Windsor, NSW 2756
T: 61 2 4577 4455

Follow us on Social Media @pvbglindfield   

© Copyright 2021 VICKERS BUSINESS GROUP Pty Ltd | 1300 784 011 | 02 9496 2300  Our Privacy Policy

Follow us on Social Media @pvbglindfield    

Chartered Accountants:  Liability Limited by a Scheme under the Professional Standards Legislation - AFSL 229302  Peter Vickers & Associates Pty Ltd ACN 003466813 | Peter Vickers Insurance Brokers Pty Ltd AFSL 229302 ACL 229302 ACN 074 294 081
Peter Vickers Insurance Brokers is part of the Steadfast broker network.