(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
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
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
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
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
Superannuation is one of the largest investments you will ever make, so it’s crucial to understand your options and choose wisely. This guide will provide you further information regarding selecting your investments. Understanding Superannuation Investment Options Most superannuation funds offer a variety of investment options, typically ranging from conservative to growth-oriented. Each option comes with
As the holiday season approaches, many homeowners may consider renting out their homes or a part of them to earn extra income, particularly in areas with high tourist traffic. Platforms like Airbnb or Stayz make it easy to list your property or part of your property and connect with travellers. However, before you enter the
How do you keep your finances on track when a medical career demands so much of your focus and time? The journey of a medical professional is unique, marked by long hours, intensive (and expensive!) study and unexpected relocations and other fun twists. Financial management is a critical part of sustaining this journey, yet it’s
Are you ready to make your dream of owning a home a reality? Well, buckle up because we’re about to dive into the nitty-gritty of ensuring a smooth home loan approval process. And guess what? For self-employed applicants, it all starts with keeping your taxes up to date! Here at Walshs, we specialise in home
Mental health challenges can be debilitating, affecting every aspect of life, including the ability to work and maintain financial stability. For medical professionals, whose roles are often high-pressure and demanding, these challenges can be particularly acute. This is where the importance of mental health insurance claims comes into play, providing a crucial safety net during
