Lending Superpowers
Tuesday, 29 November 2022
Being a Junior doctor can mean you’re income is spread thin across training fees, relocation costs and exams fees making it hard to save for a home. And with most banks requiring a 20% deposit to avoid the pricey Lender’s Mortgage Insurance (LMI), the hope of homeownership for many aspiring doctors is often a distant
- Published in Walshs Blog
How to get the most benefit from working with your financial planner
Tuesday, 29 November 2022
When it comes to financial planning, it’s important to find the right partner who will help you achieve your goals. Walshs’ team of financial planners in Brisbane work with individuals across Australia. We have grown our knowledge and processes across more than 30 years of working with individuals just like you. Our team follows several
- Published in Walshs Blog
Scaling the property ladder!
Tuesday, 15 November 2022
With a kick-butt deposit in your coffers and strong self-employed income as a specialist medical consultant, getting a home loan should be a cinch, right? Wrong! If you’re transitioning from a hospital-employed intern to a self-employed doctor, whether that be in your own private practice or as a contracting consultant, you’ll still have to show
- Published in Walshs Blog
Home loans for dentists: why your dream home may be closer than you think
Friday, 11 November 2022
As a dentist, you’re in a unique position when it comes to securing a home loan. Banks and other lenders view dentists as low-risk borrowers, which means you can often qualify for more favourable loan terms than other professionals. Whether you’re looking to purchase your first home or upgrade to a larger one, or even
- Published in Walshs Blog
2022-23 Federal Budget – What’s in it for you?
Monday, 31 October 2022
On the evening of Tuesday 25 October 2022, Australia’s Treasurer, Jim Chalmers, delivered the nation’s 2022-23 Budget, Labor’s first since taking office earlier this year. While the Budget features a couple of key proposals aimed at providing cost-of-living relief for young families, it had a fairly light touch in the areas of taxation, superannuation and
- Published in Walshs Blog
Medical Accounting – 5 ways to keep your medical practice accounts healthy
Monday, 31 October 2022
When it comes to medical accounting, medical practices have unique concerns and needs. Here, we detail five ways to help keep your practice’s accounts healthy. First, hire a bookkeeper to help keep your medical accounting on track. Second, regularly review your internal accounts procedures. Third, invest in good medical accounting software. Fourth, use accounting data
- Published in Walshs Blog
Key Lodgement Dates for your Business
Tuesday, 25 October 2022
Balancing the books is a crucial part of running a successful business and an important part of this is ensuring you meet ATO deadlines for compliance lodgements. The Australian Taxation Office (ATO) provides ‘Key Dates’ for all of the compliance lodgements. However, these deadlines can easily be overlooked by busy business owners which can create
- Published in Walshs Blog
Wealth Management for Doctors – our top 5 tips
Friday, 21 October 2022
Wealth management for doctors can be a challenge. You have so much on your plate, that your own financial management may well be the last thing on your mind. It can be easy to let things like your personal finances fall by the wayside when you’re busy looking after patients, but it’s important to remember
- Published in Walshs Blog
Changes to Queensland Land Tax Shelved!
Thursday, 13 October 2022
Further to our article published a few weeks ago, ‘Queensland Land Tax Changes – Are you Affected?’, there has been some recent developments in this area. During the recent Prime Ministers National Cabinet Meeting in Canberra, it is reported that the Premier learned that the other states were not going to provide assistance as
- Published in Walshs Blog
Being Prepared to Move into Private Practice
Friday, 30 September 2022
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
- Published in Walshs Blog
Establishing rooms? Do it well, and you’ll be primed for success!
Tuesday, 27 September 2022
Are you considering establishing your own private practice? There are a number of general and professional factors to cover to ensure you get it right. Julian Muldoon, Director and Founding Partner of 1Group Property Advisory provides us with some key considerations to think about when it comes to this big decision. There’s an incredibly important
- Published in Walshs Blog
Queensland Land Tax Changes – Are you Affected?
Wednesday, 14 September 2022
From 30 June 2023, the way Queensland Land Tax is calculated will change. What is changing, what is not changing, and who will this affect? For answers to these questions and more – read on. What is land tax? Land tax is a state tax and currently calculated on the freehold land you owned
- Published in Walshs Blog
