Category: Industry News

Using a Buyer’s Agent to Purchase Investment Property

Using an agent to help you sell your property is not an unusual concept, but a more recent player in the Australian real estate market has been the emergence of buyer’s agents. This guide looks at what they do, the advantages of using one and what to look for when engaging their services. What does […]

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Is Debt Recycling a Smart Financial Strategy for Doctors?

Professionals, like doctors, typically maintain high standards of living and carry high levels of debt. As a doctor, overspending and debt-servicing expenses can be a common challenge, so how do you turn around your debt situation? If you haven’t considered debt recycling, now could be the time to look into it as part of your […]

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How to Create A Budget For Your Medical Supplies

When it comes to running a medical practice, you want it to thrive and grow. And the best way to do that is by creating a 12 month budget. When you have a budget for your medical practice and you stick to it and revise it on a yearly basis, you can increase your chances […]

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Digital Marketing For Doctors

Doctors and specialists running their own medical practices are operating in a dramatically changing environment. Regardless of your area of specialisation, you have probably noticed that many patients are becoming empowered consumers, as they have access to an extensive selection of health-related information online. For doctors, this change in consumer behaviour and the rise of […]

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The 9 Highest Paid Medical Professions

Becoming a doctor is no easy feat. With the many years of studying and the associated expenses, it should be of great consolation that medical professionals are some of the highest paid people in the world. Medical professionals are constantly in high demand, with many various specialties available to budding young healers.

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Why Doctors Need to Be Active Online

Gone are the days where all a doctor needed to do to be successful is set up shop. Today’s medical professionals need to be wary of the ways they can engage with new potential patients and how patients can find out about them. We’re going to take a look at the reasons why doctors need […]

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Why You Should Update Your Practice’s Business Plan for the New Financial Year

Being prepared is the key to success, and stagnation is an easy path to failure. Having a simple plan for the continual progress of your medical practice is a pretty common sense approach, but it’s tricky to ascertain exactly how often you should rethink, add to it, or get rid of things that aren’t working. […]

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Tax Advice For Doctors

As a medical professional in Australia you are generally considered a high-income earner, and as such the rate of tax applied is also high. This can be extremely frustrating, but even more so if you are a business owner as well. In this instance, you are not eligible for the 30% tax rate on ‘personal […]

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Debt Recycling: How Does It Apply to Medical Professionals?

Doctors generally carry a high level of debt, and it seems overspending and trying to keep up with their peers is the main reason. But how can you overcome your debt hurdles? Debt recycling could be the answer. What is debt recycling? The family home is often considered one of the largest debts you have, […]

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Do You Have a Financial New Year Resolution?

  Whether it’s the start of a new calendar year or the start of a new financial year, the concept of a financial new year resolution can be important. It’s a chance to start fresh, and to give yourself an opportunity to set some goals regarding your personal and your business finances. Many doctors and […]

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