Election 2025: What Labor and the LNP’s tax plans mean for your wallet
Tuesday, 15 April 2025
As the Australian federal election approaches on May 3, 2025, it’s important to understand the tax policies proposed by the two major parties: the Australian Labor Party (Labor) and the Liberal-National Coalition (LNP). Below are some insights to help you understand their plans and consider how they might impact you. Labor’s Tax Policies Labor is
- Published in Articles, Walshs Blog
Looking for Medical Finance Advice in Brisbane? Why Tax Planning is Essential for Doctors
Tuesday, 01 April 2025
As a doctor, managing your finances effectively is crucial to long-term financial stability. However, with complex tax obligations, investment decisions, and superannuation planning, it’s important to work with specialists who understand medical finance advice in Brisbane and who are knowledgeable in the unique financial needs of medical professionals. Tax time is the perfect opportunity to
- Published in Walshs Blog
Mastering Financial Success: Essential strategies for private practice doctors
Tuesday, 18 March 2025
Are you ready to take your private practice to the next level? Look no further than the latest episode of the Practice Masterclass Series by Magentus, featuring the expertise of Walshs Director, Hugh Walsh. In this 20-minute video, Hugh delves into essential financial strategies specifically designed for private practice owners. Key Topics Covered: Choosing the
- Published in Articles, Business, Walshs Blog
Key Takeaways from the Urban Developer QLD Property & Economic Outlook 2025
Thursday, 13 March 2025
As we move further into 2025, Queensland’s property market and economic landscape remain at the forefront of discussion for investors, developers, and policymakers alike. Walshs Associate, Tim Reece recently attended the 2025 Urban Developers QLD Property & Economic Outlook, presented by Terry Rawnsley from KPMG Australia. In this article he shares key insights from the
- Published in Articles, Walshs Blog
QLD’s new Stamp Duty rules: Rent a room, save more – but watch the tax!
Thursday, 27 February 2025
New Rules Give First Home Buyers in Queensland More Flexibility Previously, first home buyers in Queensland who received the First Home Buyer Stamp Duty Concession or the First Home Owner Grant were restricted from renting out any part of their property for the first 12 months without risking repayment of some or all of the
- Published in Articles, Walshs Blog
How Home Loans for Dentists Can Help You Build Wealth Through Property
Wednesday, 26 February 2025
Building wealth through property is a smart move for dental professionals, and specialty home loans for dentists offer an ideal opportunity to get started early. By securing a property at the beginning of your career, you can build equity that not only provides a place to call home but also lays a robust foundation for
- Published in Business, Walshs Blog
Who Gets Your Super When You’re Gone? Understanding Superannuation Death Benefits
Tuesday, 25 February 2025
Superannuation death benefits provide financial support to your family once you pass away. These benefits include the balance of your super account, including any life insurance held within your superannuation fund. Unlike other assets, superannuation death benefits may not form part of your estate unless directed by a binding death benefit nomination. Who Can Receive Superannuation Death
- Published in Articles, Walshs Blog
Stay ahead of tax lodgment deadlines: Avoid ATO penalties
Friday, 21 February 2025
As we move through 2025, the Australian Taxation Office (ATO) is tightening its approach to late tax lodgments. With stricter enforcement and an increased focus on compliance, it’s more important than ever to meet your tax obligations on time. At Walshs, we understand that tax deadlines can sometimes slip through the cracks, especially for busy
- Published in Articles, Walshs Blog
Avoid a costly 15% tax hit: Why you need an ATO Clearance Certificate when selling property
Tuesday, 11 February 2025
What is a Clearance certificate? A clearance certificate is issued by the Australia Tax Office (ATO) to confirm that a seller is an Australian resident for tax purposes. When selling Australian real estate, it’s essential you provide this certificate to the buyer before settlement. Without this certificate, the purchaser is required by law to withhold
- Published in Articles, Business, Walshs Blog
How Effective Accounting for Doctors Can Reduce Burnout
Thursday, 06 February 2025
Burnout is a real challenge for doctors. Long hours, patient demands, and admin overload can take a toll. But there’s one area that often gets overlooked—financial management. Effective accounting for doctors can relieve stress, save time, and even help prevent burnout. With the right support, you can focus on your patients while your finances are
- Published in Articles, Walshs Blog
Rental property tax under the microscope – Don’t get caught out!
Tuesday, 04 February 2025
As an investment property owner, keeping up with your tax obligations can feel overwhelming — especially with recent changes to the ATO’s property management data-matching protocol. The ATO is now receiving more detailed information about your rental property, including rental income and expenses. With data coming from software providers, banks, rental bond authorities, and even
- Published in Articles, Walshs Blog
Should You Pay Off Your HELP Debt Early?
Tuesday, 21 January 2025
One of the most frequently asked questions our financial advisers hear is: “Should I repay my HELP debt (Higher Education Loan Program) early?” This question has gained more relevance recently, particularly due to the significant 7.10% increase in HELP debt indexation during the 2022/2023 financial year. Fortunately, the Federal Government has proposed changes that aim
- Published in Articles, Walshs Blog
