By | July 21st, 2013
“Marketing takes a day to learn. Unfortunately it takes a lifetime to master.” ~ Phil Kolter As a Doctor you have spent years earning your credentials and learning about your medical specialisation. Now you are finding that sustaining and growing your practice requires you to enter into competition with other Doctors or Healthcare Professionals […]
Continue readingBy | May 19th, 2013
The end of the tax year is edging closer. If you haven’t planned how you will maximize your income and save some tax, take note! The most effective strategies are often the simplest and can be applied before 30 June this year whilst others should be considered for next year. Here are both categories to […]
Continue readingBy | April 30th, 2013
As Self Managed Superannuation Funds (SMSF) become more popular the demand for more investment opportunities within that structure increases. Changes now mean that as long as strict conditions continue to be met, your SMSF can now borrow to invest, thus further bolstering retirement savings. How does it work? Borrowing for investment within superannuation depends on […]
Continue readingBy | April 15th, 2013
Every now and then, doctors tend to forget the original intention of acquiring an investment property or simply not have time to be involved to maximise the investment. You may have already acquired an investment property or is contemplating buying; the associated benefits should not to be overlooked. Investment properties help the investor to maintain […]
Continue readingBy | March 14th, 2013
Each year in early May, the Treasurer delivers the Federal Budget and many people across Australia listen intently. The Budget tells us how the government intends to spend its revenue in the coming year – whether it can afford to give us tax cuts and whether it expects to spend more (deficit) or less (surplus) […]
Continue readingBy | March 4th, 2013
Financial planners are often the first port of call for doctors that are seeking advice on investing a lump sum of money. However, that is just the tip of the iceberg. A professional medical financial adviser has the knowledge and skills to help you achieve your goals and objectives by tailoring strategies to specifically address […]
Continue readingBy | October 26th, 2012
MBBS, FRACS (Plastic & Reconstructive Surgery)“Since engaging MEDIQ, there has not only been a significant and dramatic change in terms of the approach, but also in terms of the attitude. In comparison to my previous accounting service, I did not feel that I was able to be as involved and as part of the process...
Continue readingBy | October 22nd, 2012
There is a lot of hype in the market for finance at the moment. Why? Because fixed rates are at a 20 year low. See the graph below in regard to 3 year fixed rates and the path they have taken over the last 2 decades. This of course has led to a great deal […]
Continue readingBy | October 5th, 2012
As with most things in life, having a system or a process will usually lead to greater efficiency. The same is true when it comes to looking at the yearly cycle of tax and finance. There are 2 keys tax cycles that doctors should be aware of – the financial year of 1 July to […]
Continue readingBy | September 23rd, 2012
The personal insurance market for medical professionals is a very competitive and dynamic place. Products are regularly upgraded with improvements to core definitions as well as the addition of other bells and whistles. Of utmost concern to surgeons in regard to insurances is the confirmation that the policy they chose to implement will acknowledge the […]
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