Most Australians need a 20% deposit to avoid paying lender’s mortgage insurance (LMI). The good news as a Doctor is that some lenders only require a 5-10% deposit with no LMI needed.

For the first time in more than 15 years, parliament has passed changes to property depreciation legislation in the Housing Tax Integrity Bill 2017. Here are some key takeaways.

Let’s focus on one aspect of super – the concessional tax rate available only to superannuation funds. Super funds pay tax on contributions into the fund at a rate of 15%.

Off-the-plan purchases involve putting down a deposit, usually 5-10 percent of the asking price for the unit, with the rest of the price due on completion. Many buyers see off-the-plan purchases as a good bet – let’s unpack why it’s not a sure thing.

As an accountant for many years now, I’ve had many clients come to me expressing a wish to start their own business.  Some of these people knew what was ahead of them, others, unfortunately, did not.

Many SMOs employed by Queensland Health are concerned about their financial future, and in our opinion rightly so. The changes to the new contracts proposed for senior doctors have a number of documented disadvantages.