Written by Timothy Reece | Associate Director | Accounting The Australian Taxation Office (ATO) has recently released Draft Taxation Ruling TR 2025/D1, providing updated guidance on how individual property owners should treat rental income and deductions. Crucially, the ruling introduces stricter views on “holiday homes”- properties that are used for both private enjoyment and short-term rental. If your
Written by Luke Mackie | Provisional Financial Adviser | Accounting Australian property prices have risen sharply over recent years, particularly through and following the COVID period. In markets such as Brisbane, Perth and parts of regional Queensland, price growth has exceeded 70% over five years in some areas. This has led many investors, especially high‑income professionals to
Significant changes have been announced to the Government’s proposed Division 296 tax on superannuation earnings, which will particularly affect individuals with super balances above $3 million. For many Australians who have built significant retirement savings—particularly through self-managed superannuation funds (SMSFs)—understanding these changes is essential. On 13 October 2024, Treasurer Jim Chalmers announced key adjustments aimed
If you’ve been thinking about buying your first home, there’s some big news making headlines. From 1 October, the Federal Government is rolling out major updates to the First Home Buyer Guarantee Scheme. The important thing to note is that medical professionals can already access these kinds of benefits through Walshs, with additional benefits!
We’re absolutely thrilled to announce the winner of our 2025 Walshs Medical Bursary — and what an inspiring story it is! Congratulations to Dr Hannah Rienks, a fifth-year Obstetrics and Gynaecology Registrar (and proud Walshs client!) whose passion for women’s health is literally life-changing. Hannah will be heading to Kagando Hospital in western Uganda, joining
Walshs is delighted to announce that the Bongiorno National Network (BNN) has officially become an Alliance Partner of the Australian Orthopaedic Association (AOA). This exciting national partnership brings together Australia’s largest network of financial specialists for medical professionals with the country’s leading organisation representing orthopaedic surgeons, trainees, and researchers. A trusted partner for surgeons across
You may have seen headlines about the Albanese Government’s recently legislated 20% reduction in student debt – welcome news to many doctors and medical professionals still carrying HECS-HELP balances. So, when will it be applied and how does it affect your financial plans today? Let’s break it down. Has the 20% reduction happened yet? Yes
Establishing your own medical practice is one of the most exciting and rewarding moves you can make in your career. Whether you’re looking to buy into an existing practice, start fresh, or take over a clinic, this decision brings clinical freedom, greater financial opportunity – and complexity. At Walshs, we’ve guided hundreds of doctors through
At Walshs, we’re all about helping you make smart financial moves that build long-term wealth. And for many Australians, one of the biggest steps on that journey is buying property – whether it’s a place to call home or a strategic investment. To cut through the noise and boost your confidence, we partnered with PMC
