Walshs are thrilled to announce the winner of the 2024 $10,000 Walshs Medical Bursary is Dr Nicholas Croker. Nicholas Croker recently completed orthopaedic training in Queensland. Whilst on training he became involved in establishing the Queensland Orthopaedic Registrar Research Collaborative (QORRC). The underlying motivation behind this venture was to create a platform for widespread engagement
The 2024-25 Federal Budget, unveiled on Tuesday, May 14, 2024, brings notable changes impacting individuals, businesses, and superannuation. Among the highlights are the eagerly anticipated Stage 3 Tax Cuts, reducing tax rates and raising income thresholds for higher tax brackets starting July 1, 2024. For businesses, the Instant Asset Write-Off is extended, providing small businesses
Accountants play an important role in assisting business owners with navigating complex processes. One such aspect demanding careful attention pertains to claiming deductions for depreciating assets. Let’s delve into the strategic timing for claiming deductions, the various types of depreciating assets, and the significance of maintaining precise records to optimise tax benefits. Strategic timing
As a doctor or other medical professional looking to purchase a home, you may qualify for specialised home loans designed specifically for doctors. These unique financial products cater to the distinct needs and circumstances of healthcare professionals like yourself. We specialise in assisting doctors to secure these loans, which can offer a range of enticing
The days of deciding on a tax strategy at the start of the financial year and then forgetting about it are gone, tax planning is an important part of managing your finances and requires careful consideration and strategic decision-making. As a tax payer you must be flexible, aware and ready to pivot at the right
Navigating the path to homeownership can be particularly challenging for junior doctors, whose income is often spread thin across training fees, relocation costs, and exam fees, leaving little room for saving cash for your first home or an investment property. But with property still being one of the biggest growth asset classes in Australia Walshs
Economic Outlook The economic outlook was once again presented by the Chief Economist for KPMG Australia – Dr Brendan Rynne. In 2023, he was one of the 20% of Australian economists that believed there would be no recession in the technical terms (two consecutive quarters of negative growth in real GDP), but he advised that
Becoming a homeowner is a significant milestone that often begins with a myriad of questions, uncertainties, and excitement. For first home buyers, understanding the intricacies of the property market and navigating the mortgage landscape can be a daunting task. That’s where a mortgage broker becomes an invaluable ally, guiding prospective buyers through the complex process
If you’re considering a move into private practice, the process can certainly be a daunting prospect. There are many decisions to make, including the navigation of any financial pitfalls and long term planning to ensure financial success. Whether it’s starting with the right business structure, finding funding to establish your rooms, or protecting your growing
In the ever-evolving world of personal finance, making informed decisions about where to invest your hard-earned money is crucial. While traditional wisdom often advocates for paying down mortgages, there are times when embracing the potential of the stock market might be a more advantageous strategy. This blog post aims to explore why, especially in the
