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We are excited to announce the launch of our Into Private Practice Education Day to be held on Saturday 13th September at Victoria Park Golf Club. The idea for the day was conceived a number of years ago when it became apparent that there was a big gap in knowledge for Doctors leaving the public system to set up their own Practices. Over the past few years we have helped many clients to set up and run successful practices with the help of our trusted partners. The day brings together our expertise along with that of our partners and will deliver the information that is needed to start the process of going into Private Practice.

 

Click on the image below for the event information:

 

Last Thursday evening we had our annual property update evening. Tim Lawless, Head of Research spoke first and gave a macro view of the national property market before focusing in on SE Qld. His summary was:

• Some green shoots have appeared across the capital city housing markets, with dwelling values showing some upwards movement since June.
• The number of home sales is slowly improving from a low base, however market conditions continue to broadly favour the buyer rather than the seller.
• Local headwinds will continue to be felt in the labour market and resources sector which may create a lack of confidence.
• Renewed population growth, a low interest rate environment and a compelling value proposition will arguably be the strongest market drivers.

Scott McGeever , from Property Searchers then spoke about the specifics of the Brisbane market, including buying tips and the benefit of using a fee for service buyers advocate.

If you would like copies of the presentations please get in contact with us.

Below is a link to the NAB economic commentary around today's rate cut. In summary:

• The key to this rate cut is the outlook a year ahead, where the RBA is concerned that the end of the mining investment boom will lead to weaker growth;
• The on-going strength of the AUD is putting the brakes on the economic outlook;
• RBA has switched its focus to weak domestic demand in construction and labour demand;
• Another 25bps of easing is probably coming;
• The timing of the next rate cut could depend on the Q3 CPI (24 Oct), with a lowish outcome providing the green light for a follow-up cut in Nov. Otherwise rates could be on hold until February.

http://www.medicalfinancial.com.au/images/121003RBAOctStatement2012.pdf

For the past few months we have been interviewing Doctors who are thinking of entering Private Practice and have produced a White Paper entitled 'Setting up in private practice – Are you taking a holistic approach?'

Below is a link to the press release.

http://www.medicalfinancial.com.au/images/121002Newdoctorsforcedintoprivatepractice-MedicalFinancialmediarelease.pdf

We will be presenting the White Paper at various meetings and dinner events for the next few months. If you would be interested in coming along to one of these or would like a copy of the White Paper please get in touch:

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