As we close out the year that was 2018, the graph below – from the recent (December 2018) Commonwealth Bank ‘Professional Services’ report – would appear to support the fact that 2018 has been a financially beneficial one for all those involved in private practice in Australia:
The question I have though is this: is this a true correction?
And what I’m really asking here is this:
- have the underlying structural changes that we all know need to be made been put in place?
- if so, are we starting to see the benefits of these, or does this chart represent a false dawn?
And as we entered 2019 I’m going to leave those two questions out there, as I think many of us know what the real answers are here.
As always, would be interested in your views.
* or was it?