A Continuing Freeze on Medicare Rebates Federal cuts to state government health funding Headlines highlighting that Medicare claims have reached 1 million per day for the first time. Phew. It is little wonder that according to our research the biggest professional concern of 1 in 2 doctors is government driven changes to the health system. […]
READ MOREA Surgeon at 50 – Peak Earnings, Peak Demands, and can see the Horizon
This is the second in our series of case studies looking at why people come looking for advice, and how we are able to assist. Career Peak Rebecca is a neurosurgeon in private practice earning $1.2 Million p.a. She is married to Stephen, a marketing consultant earning $100K through his own business. Stephen’s work is […]
READ MOREThe 40’s – A busy, hard-working medical family
What follows is the first in a series case studies which will discuss some of the people we work with. The articles will look at the issues and concerns they have faced, and how we have assisted them build on the success they have already achieved. Please note that while they are based on actual scenarios, […]
READ MORELifestyle Creep – The Parasite that can destroy your Wealth
The spending patterns you develop in your first year of work as either a GP or a Specialist can largely determine your wealth. Think this is an overstatement? When you are a Doctor in Training, you know well that once you have completed your training and received your Fellowship that your income can increase significantly. […]
READ MOREIgnore it, and it Won’t Go Away
How many times has a patient come to see you about a problem they have been worried about for a long time? It might be a spot, a lump, or bleeding for instance. Despite worrying about their symptoms, often they have not seen a doctor earlier because they are scared of what might be wrong […]
READ MOREWhat is Income Efficiency?
With the end of Financial Year approaching, it is important to consider whether any of these strategies can reduce the drag of taxation both now, and in future years. Any time you can minimise or defer tax to a later year it means more money for you to save and invest, increasing the efficiency with […]
READ MOREBudget 2015 – How are doctors impacted?
Last night’s budget was a fairly dull affair, with the government having leaked most of the significant details in advance in an effort to avoid repeating their issues from last year. From the perspective of you as an investor it is a case of no news is good news. There have been no changes made […]
READ MOREClinical Trials – Book Launch
Finally, after 2 years in the making, ‘Clinical Trials’ the book made its official debut on Wednesday evening at the Power House Museum in Sydney. This book was written for doctors. In the course of our research we found that 1 in 4 doctors are dissatisfied with their income, and 1 in 2 don’t feel […]
READ MOREWhat is Wealth Management?
Money means different things to different people and each of us has different goals. While our attitudes may change depending on our age, and stage in life, money is often about possibilities and the choices that are available to us because of it. Let’s look at an example. Sean and Alexandra are a young, successful […]
READ MOREWhat are the major financial issues for doctors
Does this sound familiar? Suzanne and Michael are both doctors. She is a specialist working in the hospital system while he runs a busy suburban GP clinic. Both work long, and sometimes unsociable hours. They are raising two young children, but sometimes it seems like they only get to spend any time with them and […]
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