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
Build to Rent – What’s the Big Deal?
Thursday, 09 November 2023
By now you would have heard about the asset class Build to Rent (BTR), which is a relative newcomer to the Queensland market. What does it entail, what are the benefits, and, of course what are some of the current tax considerations relevant for developers. What is it and what are the benefits? In Australia,
- Published in Walshs Blog
Why the home loan with the cheapest rate might not be the best loan for you
Tuesday, 24 October 2023
When it comes to securing a home loan, many prospective homeowners are understandably drawn to the idea of finding the cheapest interest rate possible. After all, who wouldn’t want to pay less in interest over the life of their loan? However, it’s essential to recognise that the cheapest home loan rate might not always be
- Published in Walshs Blog
The pros and cons of long and short term investment property rental arrangements
Tuesday, 26 September 2023
Investing in property as an asset class is an excellent method to create meaningful long-term wealth through leveraged returns and passive income. There are generally two types of investment property rental options, short-term or long-term rental agreements. Each have their own pros and cons which we’ve outlined below. Long-term rental investments Long-term rental investments involve leasing
- Published in Walshs Blog
Starting a Private Practice: How our team can guide your journey to success
Wednesday, 30 August 2023
Starting a private practice can be both exhilarating and daunting. As a medical professional, the decision to establish your own practice is a significant step in your career. However, the administrative and financial aspects of setting up and managing a private practice can be overwhelming. This is where our Medical Practice team, experts in accounting
- Published in Walshs Blog
Instant Asset Write-Off Changes for the 2023-2024 Financial Year
Tuesday, 29 August 2023
Key instant asset write-off changes The instant asset write-off incentive is a tax-saving initiative introduced by the Australian Government. It allows eligible businesses to deduct the full cost of certain assets in the year they are purchased, rather than claiming the cost over a number of years. Recently, the Government has announced that it will
- Published in Walshs Blog
Crunching the numbers on home loan repayments – a tip from the top!
Tuesday, 15 August 2023
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
- Published in Walshs Blog
Three steps to follow to help maximise tax benefits when buying property
Friday, 28 July 2023
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
- Published in Uncategorized, Walshs Blog
