Income during Covid survey

Up 25%

 

Pay down around 35% until flights return
IP rent down around 25%
So personal spending cut by 60% till things improve

 

Down about $100k of rent over 4 months

 

Income from dividends, nil since March, no bank dividends next month, hope that this situation improves later this year. Thank heavens I have ample savings ...

 

Lost a heap of OT but that's picking up now

 

PAYG jobs the same. IP rentals, the same. Super and shares - lost about 35K iirc.

 

PAYG unchanged
Rental income unchanged
Side biz slowed down

 

Family income down at least 30%.

My company cut pay immediately in March by 20% when this kicked off (professional service) although the businesses finances are pretty good and order book and workflow remains strong.

it was couched as a 20% reduction in hours rather than a pay cut.....but if anything have got busier and working 5 days a week still.

Got to laugh - all the business cutting pay because of anticipated "recession" and becomes a self fulfilling prophecy as like others upthread, we have cut all but essential spending due to pay cuts.

 

Excluding the special dividends paid last financial year, dividend income is up. Hold more shares is the reason.

Future income. Not a clue. It'll be wait and see.

 

- Business income unchanged after factoring in cashflow boost
- Super down 15%
- Shares up 20% (mainly thanks to after pay and Tesla)

 

unchanged (although I save more money by working from home)

 

Yay I just got short rentals for both my properties in Spain, welcome back tourists.

 

Salary - Unchanged
Wife’s salary - Unchanged
Super - doubled thanks to an investment in Z1P and AfterPay.
Shares - doing decently well ..
Rent - no impacts. Bought a property with a granny flat and had those rented out very quickly in Sydney

 

This is not a reflection on you but I wonder how long that will last for? If a new spike develops, will fear set-in and the tourists simply stop coming?

My brother lives in a touristy area in South of France (but away from the busy beach areas) and he is telling me that the local tourist cafes and bars are overcrowded and social distancing is an after-thought. The restrictions on wearing face-masks in public are being flouted by many of the tourists. Sounds like a successful recipe to ease the health crisis.

 

I don´t think there is a lot of fear, most European countries have similar low rates of infection now, only a few hundred a day. Yet to see how tourists will behave they are not allowed until next week (Germans are here already though, they wanted early access, British may face restrictions though). Locals are fairly good with the distancing and masks, there have been no spikes even though bars and restaurants are pretty full. Don´t know about France but there are a lot of protective measures in place here. I don´t expect virus will spread much outside in a Spanish summer anyway.

 

Was stood down for a month in the end of March and made redundant at the end of April. Still looking. Things are grim in the employment fields I’m looking at (professional services), but I am fortunate to have cash buffer to last quite some time. It’s a bit brutal to be going backwards though.

 

PAYG job unchanged

side job (sole trader) has lost all income.

Disappointing that the government didn't consider people in this position - In one sense I am lucky that I am about 75% PAYG, 25% sole trader. However I have financial commitments I need to meet.

 

March ~ June lost job income has hit about 12k at this point. I estimated around 20k when this started and I think it may creep to that by the end of the year. It all depends if there is a 2nd wave and how bad it will be.

Lost some work that I'll never be able to get back which is unfortunate.

 

Aren't they allowing international students back soon? Should be OK?