Walshs Insights

Melanoma - Rob’s story. Can you afford not to be insured?
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
The benefits of outsourcing bookkeeping for medical practices
Efficient bookkeeping and payroll management are essential for the smooth operation of any business, and medical practices are no exception. However, juggling the demands of patient care, administrative tasks, and financial responsibilities can be overwhelming for healthcare professionals. This is where we come in, offering comprehensive bookkeeping services tailored specifically for medical practices. In this
Growing pains… should we renovate or move?
A few years and a couple of kids later, the sprawling expanse that was once your luxurious abode might now be cramping your style. Tired of living on top of one another, is it time to up sticks or cash out your Bunnings shares in favour of a complete home makeover? Walshs mortgage broker Darole
The capital gains tax 6 year rule - and how it works
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
The vital role of a tax planning meeting with your accountant and some tips for 2023!
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
Dr Luke Nottingham wins the inaugural $10,000 Walshs Medical Bursary!
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
The Lowdown on interest-only loans
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
Building wealth, one dollar at a time: The power of 'dollar cost averaging'
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
How can you ensure success in your business journey?
Ensuring business success requires careful planning, strategic thinking, and effective execution. Here are some key tips that can help you increase your chances of success: Top tips: Develop a clear business plan: A comprehensive business plan outlines your goals, target market, marketing strategy, financial projections, and other key aspects of your business. Understand your market:
Doctors investing in real estate - what you should consider
As a doctor, you have invested a lot of time and money in your education and training, and you want to make sure that your hard-earned income is well-managed. Real estate investing is one avenue that many doctors are increasingly turning to in order to grow their wealth and create passive income. But why should
Unlocking your home's hidden equity
From home renos to humble new abodes, unlocking equity opens the door to a wealth of opportunities. If you’re a homeowner, continue reading to learn more about equity – and how you can access it to supercharge your financial status. The lowdown on equity According to Walshs mortgage broker Karen Holmes, equity is the difference
Electric Cars and FBT Exemption
New legislation allows exemptions from paying Fringe benefits tax (FBT) on private use of electric vehicles which meet certain conditions. This article will help you make an informed decision on your next vehicle purchase, exploring the pros and cons and providing any necessary information. What is accepted…and the conditions: The first barrier to the exemption,
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