GrowthMD

14/05/2026

The 2026 Federal Budget has just rewritten the rules on capital gains, trusts and negative gearing. If you own a practice, hold investment properties, or run your affairs through a trust, almost every part of your financial picture has been touched. Here are the key changes that will impact health practices and professionals.

The 2026-2027 Federal Budget has reshaped the rules around capital gains, negative gearing, trust distributions, superannuation, and electric vehicles. For practice owners and health professionals, there is barely a corner of your financial world that hasn't been touched in some way.

07/04/2026

Webinar: Payday Super Simplified for Medical Practices
Tuesday 14 April at 12.30pm (AEST)
The What and the Why: A clear understanding of what payday super is and how it’s reshaping the way medical practices handle super payments

Cash Flow Clarity: Insights into how these changes could impact your practice’s finances and payroll processes

Risk Radar: Everything you need to know about late payment penalties, SGC charges, and the ATO’s increased visibility

System Check: How to ensure your employees and contractors are perfectly set up in payroll and super systems.

Are you ready for Payday Super? Join us for our upcoming webinar, on Tuesday 14 April designed to help medical practices prepare.

27/03/2026

How Care GP Tackles Document Chaos.
What if your clinic could say goodbye to hours spent sorting, scanning, and allocating documents? In my latest video interview, Melvin Chen, founder of Care GP, shares how their AI-powered solution, Samantha, is reshaping admin workflows for medical practices.

18/03/2026

ATO Targets Holiday Home Deductions
The concept is appealing: use the property with family a few times a year, rent it out through an agent or platforms like Airbnb when you are not using it, and claim tax deductions for interest and other ownership costs.

ATO Targets Holiday Home Deductions: What Property Owners Need to Know Many taxpayers like the idea of owning a holiday home they can enjoy personally while earning rental income on the side.

09/03/2026

Spotting red flags in your medical practice.
Running a medical practice isn’t just about saving lives; it’s about keeping your business healthy too. And just like early detection is key in medicine, spotting financial red flags early can save your practice a lot of pain (and paperwork). Let’s take a moment to talk about what to watch out for, so you can address issues head-on, long before they snowball into a full-blown crisis.

04/03/2026

Tips to Better Medical Bookkeeping.

Strong bookkeeping is essential for running a profitable, well-managed medical practice. When your bookkeeping is clean and accurate, BAS and tax reporting become easier, cash flow is clearer, and practice owners can make confident decisions based on reliable numbers.

25/02/2026

Unlocking the Hidden Value in Your Medical Practice
Is a restructure right for you?
If you’ve owned a medical practice for several years, chances are the business is worth far more today than when you first started. Strong patient demand, reliable fee income, and years of hard work all add up. Yet for many owners, that value remains locked inside the practice and isn’t easily accessible.

If you’ve owned a medical centre for several years, chances are the business is worth far more today than when you first started. Strong patient demand, reliable fee income, and years of hard work all add up. Want to know how to unlock it?

22/11/2025

Payday Super.
What Medical Practice Owners Need to Know
From 1 July 2026, the new Payday Super laws will require all employers to pay super at the same time as wages, rather than quarterly. For medical practice owners, this represents one of the most significant shifts in recent years in terms of payroll and cash flow.

From 1 July 2026, the new Payday Super laws will require all employers to pay super at the same time as wages, rather than quarterly. For medical practice owners, this represents one of the most significant shifts in recent years in terms of payroll and cash flow.

19/11/2025

Did you know 95% of medical practice owners struggle to understand their financial statements fully? That’s why GrowthMD created a Financials 101 series to provide practice owners with the tools they need to gain the confidence and clarity they need. This month, let’s learn all about the Balance Sheet.

11/11/2025

Medical Fraud and Risk Checklist.
At least 50% of medical practices have some form of financial internal control issue. That is my experience, anyway, based on talking with hundreds of owners and PMs this year.

One person controls the invoicing and bill payments
One person rosters staff, approves timesheets and handles payroll
One person handles receipting and doctor income recs

It’s an easy problem to solve these days.

At least 50% of medical practices have some form of financial internal control issue. That is my experience, anyway, based on talking with hundreds of owners and PMs this year.