Division 296 is now law. The two Bills implementing it – the Treasury Laws Amendment (Building a Stronger and Fairer Super System) Bill 2026 and its companion Imposition Bill – passed Parliament on 10 March 2026 and received Royal Assent shortly after. The tax commences from 1 July 2026, with the first assessments expected to
Written by Michael Walsh, Associate Director and Founder As we move into the 2026-27 financial year, there are several important tax, superannuation and investment updates for clients to be aware of. Some measures are already scheduled, while others remain proposed and subject to legislation. Residential Property & Negative Gearing Following the Federal Budget, proposed changes
Written by Michael Walsh | Associate Director With 30 June fast approaching, now is the time to review your tax position and ensure you’re taking advantage of available opportunities before the end of the financial year. Use this checklist to stay on track and prepare for upcoming superannuation changes. ✅ Before 20 June 2026 Superannuation
The 2026 Federal Budget has introduced a range of measures that could impact your finances, career and long-term wealth strategy. In this exclusive Walshs webinar, our expert panel breaks down the key budget announcements and what they mean specifically for doctors at every stage of their career. You’ll gain insights into: The latest tax and
You may have seen headlines about the Albanese Government’s recently legislated 20% reduction in student debt – welcome news to many doctors and medical professionals still carrying HECS-HELP balances. So, when will it be applied and how does it affect your financial plans today? Let’s break it down. Has the 20% reduction happened yet? Yes
Establishing your own medical practice is one of the most exciting and rewarding moves you can make in your career. Whether you’re looking to buy into an existing practice, start fresh, or take over a clinic, this decision brings clinical freedom, greater financial opportunity – and complexity. At Walshs, we’ve guided hundreds of doctors through
Walshs has strengthened ties with the Australian Orthopaedic Association (AOA) Queensland Branch as a Regional Alliance Partner. This collaboration reflects our shared commitment to supporting Queensland’s orthopaedic surgeons, trainees, and medical researchers by providing access to specialist financial advice, education, and resources tailored to the needs of medical professionals. For over 30 years, Walshs has
Gone are the days of setting a tax strategy at the start of the financial year and forgetting about it. In today’s ever-changing economic and legislative landscape, tax planning has become an essential part of managing your personal and business finances. To stay ahead, you need to be flexible, informed, and prepared to pivot your
Accounting for doctors in 2025 has evolved far beyond tax-time basics. As cloud-based systems, automation, predictive analytics and secure integrations become the norm, doctors now have access to accounting that is faster, smarter, and more tailored to their career. But with these advancements also comes a shift in expectations — today’s medical professionals need more
(UPDATED 28 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
