Blog posts

Blog posts

Five Easy Steps to safeguard medical practice from MBS non-compliance debt recovery

Five Easy Steps to safeguard medical practice from MBS non-compliance debt recovery

Five Easy Steps to safeguard medical practice from MBS non-compliance debt recovery   The Health Legislation Amendment (Improved Medicare Compliance ...
/ Advice, General practice, MBS
What Summer Means to Me

What Summer Means to Me

Its December 1st and the festive season is bearing down on us. So are the long hot summer days. As ...
Why Should You Take Risks?

Why Should You Take Risks?

Shaun Clements from North of River Financial explains how a financial planner views risk. What is Risk? As a financial ...
/ Advice, Business advice, Insurance
What is your business?

What is your business?

Identifying who you are in the market place and how your customers (patients) identify you is key in planning your ...
Identifying your Medical Business

Identifying your Medical Business

Who are the business owners? In medicine practice owners have traditionally been seen as small business owners. A small proportion ...
When Insurance is not Insurance

When Insurance is not Insurance

Paul Fitzgerald writes for us this week on Cybersecurity and the possible effects of the new legislation that comes into ...
Banking mysteries explained

Banking mysteries explained

[apss_share] In this short podcast, Dr April Armstrong discusses Banking Mysteries and how it may affect lending/borrowing capacity. Topics covered ...
/ Advice, Banking
medical indemnity offer for Doctors Tego

Privacy laws have changed — 5 things doctors should know

Earlier last year, the Senate passed the Privacy Amendment (Notifiable Data Breaches) Bill 2016 which means organisations that determine they ...
/ Advice, Business, Medical indemnity
How to build a good medical team

Getting the best out of Practice staff

Your medical practice is only as good as your weakest link and staff can either make you or break you ...
/ Advice, Business, Business advice
How many Investment properties does a doctor need to retire?

How many Investment properties does a doctor need to retire?

We all know that Doctors study for many years to become medical practitioners and the financial rewards are there for ...
Advertising and Marketing for Doctors – too hard or essential for survival?

Advertising and Marketing for Doctors – too hard or essential for survival?

Not that long ago medical academics cautioned that the only form of advertising Doctors needed for their practices was word ...
Googling your way to a great team

Googling your way to a great team

How do I build and maintain a successful team? It's a question with one of the most elusive answers in ...
/ Advice, Business advice
doctor business plan

Business Plans – the key to succeeding in business

Successful businesses are rarely accidental and those that are frequently are short lived (although I will exclude Facebook from that ...
property for doctors

Property investment tips

Understand the purpose of the investment and stick within your budget. If your investment is primarily as a tax offset ...
/ Advice, Property, Property investment
inspiration for doctors

Inspirational Words for General Practitoners

Dr Jonathan Griffiths explains the value of General Practice in TEDxNantwich. An inspirational and passionate medical practitioners, educator and speaker ...
/ Advice, Lifestyle, Personal Wellbeing
doctor wellbeing

The best gift you can give yourself this Christmas

Dr Sachin Patel is a GP, entrepreneur, coach and mentor. He has built several successful medical businesses. As a coach, ...
/ Advice, Lifestyle, Personal Wellbeing
Why confrontation might save your practice

Why confrontation might save your practice

CPD Course educator and business, brand and marketing specialist, Darrin Davies has travelled the country helping hundreds of practitioners to ...
tax advice for doctors

Understanding Tax deductions for Rental Properties

Understanding tax deductions against rental income can provide insight into the value of a potential investment. It can also avoid expenditure on upgrades ...
branding advice for doctors

Branding your business – where to start and where to go

Dr George Forgan-Smith is a GP and medical educator who has built a strong online following for his blog and ...
mortgage guide for Doctors

Loan to Value Ratio (LVR) and other banking mysteries – a guide for Doctors

Many health professionals lack an understanding of the banking industry. Terms like 'LVR' are a mystery. As a result applications for finance ...
mortgage advice for doctor

To fix or not to fix, that is the question! Mortgages rates explained

by Dr April Armstrong Having purchased a number of residential and commercial properties I have always sought to understand the ...
7 legal mistakes that could cause your business problems

7 legal mistakes that could cause your business problems

[apss_share] Our guest contributor this week is Sarah Bartholomeusz, founder and CEO of corporate and business law specialists You Legal. Sarah ...
/ Advice, Legal advice for Doctors
negative gearing holiday home

Negative gearing on holiday homes

Investing in property can extend to rental holiday homes which sounds almost too good to be true. With careful selection ...
/ Advice, Image, Property, Property investment
Self-Managed Superannuation Funds (SMSF)

Self-Managed Superannuation Funds (SMSF)

What is a Self Managed Superannuation Fund? A Self Managed Superannuation Fund (SMSF) is a type of superannuation fund established ...
Superannuation - a guide for Doctors

Superannuation – a guide for Doctors

Despite being a person who likes to know about everything, I have buried my head in the sand when it ...
financial advice for doctors

Common Tax Deductions for Doctors

[apss_share] This article has been written by Brentnalls SA, Chartered Accountants and Advisors. How Doctors can reduce their tax bill ...
/ Advice, Business, Taxation
Article review: Suicide By Health Professionals

Article review: Suicide By Health Professionals

The Invincible Suicide is a taboo topic along with mental health, drug and alcohol addiction and domestic violence. The health ...
fellowship for doctors

To Fellow or not to Fellow?

Aspiring to fellowship is the goalpost that as doctors we set our sights on from very early on in our ...
/ Advice, Career
Medical Indemnity - get your money's worth

Medical Indemnity – get your money’s worth

Under Australian law, every registered medical practitioner must be insured under a medical defence organisation (MDO) to cover us in the event of ...
capital gains tax doctors

What is capital gains tax?

When an asset is sold for a profit, capital gains tax (CGT) is applied. This asset can be in the ...
/ Advice, Capital gains tax
property for doctors

Buying Your First Property – Investment or Owner-Occupied

Full-time university is over and you have avoided the temptation. There are frequent offers of student advancement based on your ...
To Rent or To Buy: Entering the Property Market

To Rent or To Buy: Entering the Property Market

Entering the Property Market Home ownership is highly regarded in Australia. The decision to rent or buy a property for ...
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Top 10 Tips for Better Billing in General Practice

1. Know your MBS General practice is not about items 23, 36 & 44. There are at least 100 relevant ...
/ Advice, Business, General practice
renovation advice doctors

Top Renovations Tips for Investment Properties

As medical professionals we are often guided toward residential property investment. It is recommended due to negative gearing as a ...
/ Advice, Property, Property investment
Buying an investment property - new or established?

Buying an investment property – new or established?

Buying a brand new, perhaps not even built investment property, appears to have opportunities older properties don't. As a rental ...
3 Podcasts to improve your medical business

3 Podcasts to improve your medical business

[apss_share] I have been a keen runner for years and love listening to podcasts to occupy my thoughts on long ...
/ Advice, Lifestyle