David, It's not that the Oz government is giving people money, but allowing you to withdraw your money from their Superannuation accounts (normally you can't because superannuation funds accrue tax benefits as retirement savings) to meet immediate needs while unemplyed or unable to work during Covid-19 lockdowns. They would rather you spend your money they don't have their hands on than decrease the availability to them of your money that they do control (taxes) to try and keep the economy going.
Not necessarily a good strategy in the long term, but then neither is starving in the short term. But if you figure you can make more in the current climate than your super fund can, then it is maybe worth the risk to withdraw and invest then pay it back into the super account in the future. Chris you may want to look at the GnuCash guide on investments: https://www.gnucash.org/docs/v3/C/gnucash-guide/chapter_invest.html and this comment from Derek on treating a commodity like gold prseuming you want to track the value of the gold you purchase: http://gnucash.1415818.n4.nabble.com/GNC-How-to-enter-Gold-tt4711834.html#a4711841. David Cousens David Cousens ----- David Cousens -- Sent from: http://gnucash.1415818.n4.nabble.com/GnuCash-User-f1415819.html _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user If you are using Nabble or Gmane, please see https://wiki.gnucash.org/wiki/Mailing_Lists for more information. ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
