A tax planning meeting is important and here’s why…
Wednesday, 24 April 2024
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
- Published in Walshs Blog
Are you a junior doctor thinking about buying your first home?
Friday, 05 April 2024
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
- Published in Walshs Blog
The scoop on Queensland property & economic outlook for 2024
Tuesday, 12 March 2024
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
- Published in Uncategorized
Why you should use specialist medical accountants in your medical practice (updated for 2024)
Tuesday, 27 February 2024
Working with an experienced team of specialist medical accountants can make all the difference when trying to deal with the complicated financial landscape of your medical practice. Utilising the skills of a team of specialist medical accountants to manage financial tasks such as tax returns, regulatory compliance and cash flow monitoring, enables you to concentrate
- Published in Business, Walshs Blog
The path to homeownership: Your first home buyer FAQ’s answered
Friday, 23 February 2024
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
- Published in Uncategorized, Walshs Blog
Preparing for a move into private practice
Friday, 02 February 2024
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
Offsetting your Offset: The power of compounding interest
Tuesday, 23 January 2024
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
- Published in Walshs Blog
Navigating the best home loans for doctors – updated for 2024
Thursday, 18 January 2024
There are so many specialist doctor home loans on the market that deciding which is best for you can be a minefield. The specialist home loans for doctors available can offer a lower interest rate and require less deposit than most other home loans. In most cases the banks will also forgo LMI (Lenders Mortgage
- Published in Walshs Blog
DO I need a bookkeeper?
Thursday, 14 December 2023
As a business owner, do you spend countless hours dwelling over paperwork and your receipts are not all in one place, so you delay starting on your record keeping all together? Eventually, when you do find the time to do the bookwork, are you finding this is late at night when you should be asleep,
- Published in Walshs Blog
Navigating salary packaging changes for Queensland medical staff
Thursday, 30 November 2023
Salary Packaging is a remuneration arrangement that allows employees to receive a Fringe Tax Benefit by reducing their taxable income. There are significant financial advantages provided to employees who fall into the category of eligible participants, a group which includes many medical professionals. BUT navigating this process can be complex and certainly when moving between
- Published in Uncategorized
Here is why working with Walshs is a great decision
Tuesday, 28 November 2023
We are delighted to share the news that the Walshs team has experienced great success throughout the year, securing #60 in the Australian Financial Review Top 100 Accounting Firms and as finalists within several categories at the Australian Accounting Awards 2023 and the IFA Excellence Awards 2023. These awards recognise outstanding contributions within the financial
- Published in Walshs Blog
Cost of living boost!
Monday, 27 November 2023
The Queensland government has recently implemented a significant boost to its First Home Owner Grant, branding it as a “cost of living boost” for aspiring homeowners. This initiative sees a substantial increase in the grant from $15,000 to $30,000, a move anticipated to benefit approximately 12,000 first-time home buyers before the offer expires in June
- Published in Walshs Blog
