Despite this month’s rate respite, borrowers are feeling the pain. Walshs Finance’s Donna Sutherland outlines one simple way to get ahead. August 2023 is the first month that borrowers will feel the full impact of 12 cash rate rises since May last year because lenders can take a few months to pass on the full
Structuring your home loan to get the best possible tax outcomes as a doctor is vital, considering the huge amounts you send to the tax man every year. At Walshs, we are specialists in not only securing market-leading home loans for doctors but in supporting your future wealth health. As such, we’ve created this handy
Self-Managed Superannuation Funds (SMSFs) have become a popular investment vehicle in Australia, offering individuals greater control over their retirement savings. One intriguing avenue for SMSF investment is purchasing medical rooms. Not only does this provide a stable income stream, but it also allows healthcare professionals to secure their own practice premises. In this blog, we
When Rob, an anaesthetics registrar, was diagnosed with Melanoma, many things were going through his mind – his long-term health, his family, the exams he had coming up, but one thing he didn’t have to worry about was his income. “I’m a doctor so I see people every day who are sick or injured. While
Selling your rental property is a great opportunity to unlock some personal equity. But don’t forget the taxman wants a slice of the cake. Capital gains tax (CGT) is liable for the profits on the sale of property, however the capital gains tax 6 year rule provides some exemptions which can be utilised to optimise
Tax planning is an essential aspect of financial management that requires careful consideration and strategic decision-making. One effective way to ensure optimal tax management is by engaging in regular tax planning meetings with your accountant at Walshs. These meetings provide a valuable opportunity to collaborate, analyse, and develop personalised strategies to navigate the complexities of
Walshs are thrilled to announce the winner of the 2023 $10,000 Walshs Medical Bursary, Dr Luke Nottingham. The $10,000 in bursary funds will allow Dr Nottingham to take a small team of anaesthetists and anaesthetic trainees to The Colonial War Memorial Hospital in Suva, Fiji to facilitate a teaching workshop. Here they will provide additional
If you’re the indecisive type, chances are you’ll run into a more than a few confusing crossroads when buying a new home. One of the choices that may leave you scratching your head is whether to take out an interest-only loan. A what loan? According to Walshs specialist mortgage broker Donna Sutherland, an interest-only loan
Dollar cost averaging (DCA) is a popular investment strategy amongst financial planners and investors alike that involves buying a fixed dollar amount of a particular investment at regular intervals over a period of time. The goal of this approach is to reduce the impact of short-term market fluctuations on your investment portfolio. DCA is a
