Salary Packaging for Junior Doctors in Australia: What to Know Before You Decide
Understand key tax, superannuation and cash flow differences between locum and salaried doctors in Australia. Avoid surprises and plan smarter.
Investments
Locum vs Salaried Tax Planning for Doctors: Key Differences in Tax, Super and Cash Flow
Understand key tax, superannuation and cash flow differences between locum and salaried doctors in Australia. Avoid surprises and plan smarter.
PAYG Instalments for Doctors: Do Junior Doctors Have to Pay Them?
Doctors should review insurance regularly to protect income, family, and wealth. Learn when and how often to reassess cover for peace of mind
A Doctor’s Shortcut to Smarter Earnings: The Salary Packaging Playbook
Doctors should review insurance regularly to protect income, family, and wealth. Learn when and how often to reassess cover for peace of mind
Why Doctors Qualify for the Best Home Loan Deals (and How to Unlock Them)
Doctors should review insurance regularly to protect income, family, and wealth. Learn when and how often to reassess cover for peace of mind
How to Manage Accounting for Medical Practices in Australia
Doctors should review insurance regularly to protect income, family, and wealth. Learn when and how often to reassess cover for peace of mind
Doctors: How Often Should You Really Review Your Insurance?
Doctors should review insurance regularly to protect income, family, and wealth. Learn when and how often to reassess cover for peace of mind
Retirement Planning for Doctors: Build Lasting Wealth Beyond Medicine
Doctors earn more than most Australians, yet many still feel behind when it comes to retirement. Long hours, high taxes, and delayed earnings make it difficult to turn income into lasting wealth. Even with a strong salary, most medical professionals reach their 40s unsure how or when they’ll be able to stop working. Retirement planning for doctors means more than topping up super. It requires a personal income strategy built… Read More »Retirement Planning for Doctors: Build Lasting Wealth Beyond Medicine
Income Protection for Doctors: Key Tips for Structuring Smarter Cover
Your ability to earn is your most valuable asset, and it’s one worth protecting. For high-income professionals like doctors, income protection isn’t optional; it’s the foundation for every wealth-building strategy. Doctors face demanding hours, high debt, and unpredictable risks. Whether you’re employed, contracting, or running a private practice, income protection insurance safeguards your lifestyle and keeps your financial plan on track. Wealthmed’s Financial Services for Doctors go beyond just picking… Read More »Income Protection for Doctors: Key Tips for Structuring Smarter Cover
Tax Planning for Doctors: Key Tips for 2025 and Beyond
Doctors often carry one of the highest tax burdens in the country, yet most receive little tailored guidance. Poor structure, bracket creep, and missed deductions chip away at income each year. Tax planning for doctors is essential to protect wealth and stay ahead financially. The right approach can open legal tax minimisation strategies without stress or red flags. Whether you’re salaried, locum, or in private practice, strategy, not guesswork, creates… Read More »Tax Planning for Doctors: Key Tips for 2025 and Beyond
Strategic Wealth Management for Doctors
Most Australians don’t realise how complex building wealth as a doctor can be. High income doesn’t guarantee a strong financial future, especially without a system. Wealth management for doctors must be tailored, not generic. We work exclusively with medical professionals whose income, risk, and career paths don’t follow the standard rulebook. Strategic wealth planning combines tax, insurance, investments, and super into a single, clear plan, so your money works harder,… Read More »Strategic Wealth Management for Doctors
Key Steps in Financial Planning for Doctors in 2025
Doctors face a unique financial reality: late earnings, high taxes, student debt, and limited time to manage it all. Generic advice rarely fits. Just a quick note before we dive in Over the coming years, your income will likely increase significantly, and you’ll become accustomed to a certain lifestyle. At some point, you will decide to stop work, and we want to ensure that stopping work doesn’t mean stopping your… Read More »Key Steps in Financial Planning for Doctors in 2025
Your Journey Begins
You are in the early stages of your journey as a medical professional, and planning for life after work is probably the last thing on your mind. But consider this: Over the coming years, your income will likely increase significantly, and you’ll become accustomed to a certain lifestyle. At some point, you will decide to stop work, and we want to ensure that stopping work doesn’t mean stopping your preferred… Read More »Your Journey Begins
10-Point Money Checklist for Doctors
1. Live on Less Than You Earn – Aim to Save a Minimum of 10% of Gross Income Use a reliable app to track your monthly income and categorise expenses. Understanding your cash flow helps identify areas for saving or reallocation. Pay yourself first – save before spending what’s left. This is key to financial planning for doctors. 2. Use Debt Sensibly to Build Wealth Minimise bad debt by prioritising… Read More »10-Point Money Checklist for Doctors
3 Secrets for Doctors to Supercharge Wealth Growth
You might not realise it, but if you’re a doctor, you have special powers to make your wealth journey truly successful… You have the potential to earn as much income as the hours you’re able to work. This is due to the high demand for medical professionals in regional and rural locations, as well as your ability to do locum work at high daily rates across the country. You can… Read More »3 Secrets for Doctors to Supercharge Wealth Growth
The 8th Wonder of the World
Compound interest is the eighth wonder of the world. “He who understands it, earns it… he who doesn’t… pays it.” ― Albert Einstein. Warren Buffett has said that compound interest is an investor’s best friend and compared building wealth through interest to rolling a snowball down a hill. A simple way to see the effect of compound interest is ‘The Rule of 72’. It’s a simple yet effective tool that… Read More »The 8th Wonder of the World
Foundations of a wealthy lifestyle
A study conducted by the Australian Stock Exchange reported that nearly 25% of investors over the past two years were aged 18 to 24. These young Australians were found to be knowledge seekers, keen to take on life and begin their journey towards financial security. If this describes you, congratulations! You get it, you really do. You’re Next Generation Investors who know that building financial independence starts early. However, according… Read More »Foundations of a wealthy lifestyle
Are you investing or gambling?
Investing in different asset classes such as equities, commodities, and fixed-income assets is a great way to accumulate wealth, but it is important to have a sound investment strategy in place. This article covers five warning signs that you may be gambling instead of investing. The potential financial results of investing can feel limitless, and it can be tempting to think that just one stock pick could make you an… Read More »Are you investing or gambling?
Wealth protection through the ages
Wealth protection through the ages Insurance plays an important role in any wealth creation and management strategy. There is little point in accumulating wealth if you don’t protect it, or yourself, from unforeseen risks that can undermine the best-made plans. Just as your wealth creation strategy needs to be reviewed on a regular basis, so too does your wealth protection plan. Every stage of life brings exciting challenges along with… Read More »Wealth protection through the ages
Investment Summary
Below information is a summary of events and our house view from one of our investment committee members Andrea Ciaccio, Portfolio Manager AZ Sestante: The US has changed its narrative and is taking the risk of opening its economy on a set date. This has settled the market somewhat and provided certainty. However, time will tell if this strategy works. The US has already discounted a recession in its market valuations… Read More »Investment Summary
COVID-19 and the global market volatility
This is a significant opportunity as value has returned to the market Massimo Guiati Global CEO of Azimut International It is becoming increasingly apparent that the Corona-virus is far more serious than previous incidents of viral outbreaks, such as SARS in 2003 and H1N1 (swine flu) in 2009. Italy has effectively gone into lock-down / self-isolation and the US has just announced a ban on travel from Europe. The impact… Read More »COVID-19 and the global market volatility