News

  • At Aspire Partners, we take pride in working alongside some of Australia’s most dedicated healthcare professionals. Today, we’re delighted to highlight the achievements of Dr Amireh Fakhouri, a remarkable GP recently honoured as General Practitioner in Training of the Year at the 2025 Royal Australian......

  • For many GP practices, the question of bulk billing vs mixed billing has become more complex, not less. On paper, the expanded bulk billing incentives and the new Bulk Billing Practice Incentive Program (BBPIP) from 01/11/2025 make full bulk billing look attractive – particularly for clinics under financial pressure......

  • The November 2025 expansion of bulk billing incentives and the new Bulk Billing Practice Incentive Program (BBPIP) have fundamentally changed the economics of general practice. For the first time, practices can access meaningful financial support for bulk billing all Medicare-eligible patients—not just concession card holders......

  • The Department of Health (DOH) has recently provided crucial clarity on how enhanced bulk billing incentive payments will be distributed between medical practices and individual practitioners. This update is essential for practice owners, GPs, and practice managers to understand as we navigate the evolving landscape......

  • Budget 2025-26 is one that the government clearly did not expect to have to deliver. It features a modest personal income tax cut of up to $268 in 2026-27, with a tax saving of up to $536 from the 2027-28 year, and over $20bn in......

  • The Government has announced a temporary ban on investors buying established homes between 1 April 2025 to 31 March 2027. The measure aims to curb foreign “land banking.” From 1 April 2025, foreign investors (including temporary residents and foreign-owned companies) will be prohibited from acquiring......

  • Global Google searches for the word “tariffs” spiked dramatically between 30 January and 2 February 2025, a +900% increase to the previous 12 months. We look at what tariffs really mean. Who pays for tariffs? Tariffs increase the price of imported goods and reduce trade......

  • The Fringe Benefits Tax (FBT) year ends on 31 March. We’ve outlined the hot spots for employers and employees. FBT exemption for electric cars Employers that provide employees with the use of eligible electric vehicles (EVs) can potentially qualify for an FBT exemption. This should......

  • Budget 2024-25 is a pre-election budget for the people with everyone getting a little something to ease cost of living pressures. Like the Price is Right gameshow, it will all come down to the price paid at the checkout. For business, there is the extension......

  • The great wealth transfer from the baby boomer generation has begun and home ownership is the catalyst. The average price of a home in NSW is $1,184,500, the highest in the country. Canberra is next at $948,500, followed by Victoria at $895,000, with the Northern......

  • The ATO is cracking down on business owners who take money or use company resources for themselves. It’s common for business owners to utilise company resources for their personal use. The business is often such a part of their life that the line distinguishing ‘the......

  • The ATO has made a call to professional accountants to help identify and manage illegal early access to superannuation by members of self-managed superannuation funds (SMSFs). In general, access to your super is only possible if: You retire and turn 60; or You turn 65......

  • From 1 July 2024, the amount you can contribute to super will increase. We show you how to take advantage of the change. The amount you can contribute to superannuation will increase on 1 July 2024 from $27,500 to $30,000 for concessional super contributions and......

  • Late last year, thousands of taxpayers and their agents were advised by the Australian Taxation Office (ATO) that they had an outstanding historical tax debt. The only problem was, many had no idea that the tax debt existed. The ATO can only release a taxpayer......

  • The Fringe Benefits Tax year (FBT) ends on 31 March. We explore the problem areas likely to attract the ATO’s attention.   Electric vehicles causing sparks In late 2022, the Government introduced a concession that enables employers to provide some electric vehicles to employees without......