Investments – Act Dead or Be Disengaged!
A little while back, I wrote about the share market and how it had received a hammering. And last week it happened again but was worse. A lot worse. If you read the news or listened to it, it sounded like an absolute bloodbath. And maybe to some, it was, but you would have thought […]
Coffee and Avocado Toast
If you were to listen to baby boomers, Gen X, and politicians, you would think that the reason millennials are unable to buy a home is because they are too busy in the local café buying (and consuming) avocado toast with coffee. That will never happen to your kids, I hear you say. And it […]
Trump Won! What Does it Mean for You?
I got asked the question of what would happen before he won. And now that he has, I am getting a bit inundated. But does it affect you? It is unlikely that as a medical professional Trump’s winning will affect the hours you work. The income you generate from your medical business? Maybe. Your ability […]
Want to Meet Sunil Gavaskar?
It’s not every day you get a chance to meet your childhood hero. So, when you can, you jump at the chance. You don’t want to sit in your rocking chair aged 90 with the regret of knowing you had the chance of meeting someone special but decided to watch TV instead. And Sunil Gavaskar […]
The Bank of Mum & Dad – Beware!
There is no bigger bank of mum and dad when it comes to doctors. This is because most doctors have high incomes, and this usually means the family is used to a certain lifestyle. And that usually means children are used to a certain lifestyle from a young age. That means when the children of […]
Robot receptionists? Really?
If you run a medical practice, you know that employing administration staff is costly. On average, the administration team accounts for 12% to 20% of costs. So, what if you could recruit robots? If you happen to be a contractor doctor, can you imagine giving instructions to a robot? I have written an article on […]
Burnout …. Doctors Are at Risk
I was recently at a medical conference in Fiji. As many of you know Fiji is not considered a place associated with stress. Burnout? No chance. The nearest you will get to burnout in Fiji is when you walk from the pool area to your room in the sun. So, it felt strange to listen […]
The Price Tag of Refinancing
I hate refinancing. This is because it usually means meeting with bank people and finance brokers. I am lucky because I am an accountant. And that means I get to meet with myself if I want to refinance. You? Well, you don’t get to be so lucky. You have to meet the bank people, the […]
PSI ….. The Screws are Turning on Bucket Companies…..
A recent change will not only increase fees but tell the ATO if a medical professional is not paying the right amount of taxes. I was recently presenting at a medical conference, and I thought I would educate medical professionals and speak about PSI. What I did not want to do was scare the living […]
The Economy is a Bit Stuffed
Alarming news! I think the economy is a bit stuffed. You may think so, too. But you are not convinced because house prices are at an all-time high. There is meant to be a cost-of-living crisis too, but if you went to the shopping mall, you would think we had all won a million bucks […]