Here's something that trips up many medical professionals: your daily commute from home to work? Unfortunately, that's not deductible. But don't close this tab just yet; there are several travel scenarios where you can claim expenses.

Medical professionals occupy a uniquely influential position in Australia's economy and healthcare system, yet the path from high income to lasting wealth is far from straightforward.

Following our recent federal budget overview, we wanted to provide a quick update on a development that's been generating plenty of discussion: the proposal to scrap borrowing within superannuation for residential property.