Introducing MIPS Members' Finance

MIPS is further extending member benefits to include access to financial literacy education and selected financial products to assist members to meet their personal and professional needs.

MIPS Managing director Dr Troy Browning said that “in accordance with its objective of empowering members, MIPS has adopted an approach that is about helping to ensure informed members that are best equipped to take control and make better decisions in their lives.”

Under the initiative members will have access to exclusive financial products that acknowledge their lower risk profile.

Dr Browning said “this initiative is about trying to better support individual member’s financial security. We require responsible lending practices and we will think we have done a good job if the only reason a member does not take up a financial product is because of the insights, education and tools that MIPS has provided them with access to.”

MIPS Members' Finance (MMF) program is powered by Eclipx an ASX listed specialist credit provider. MIPS does not receive commission and those involved in the program appreciate the members first/not-for-profit ethos of MIPS.

Healthcare practitioners who are well informed are more likely to avoid or reduce their financial pressures.That is important because those pressures can be corrosive to family life and may also provide drivers to inappropriate actions in their professional lives ” said Dr Browning.

"MIPS is concerned that some members may have a more limited understanding of financial terms and matters. This is why our first priority is financial literacy. We’ve also limited the number of products on offer to reflect the needs of practitioners.”

MIPS has worked with Eclipx to match the financial products to the common needs of healthcare practitioners. Available to members are:

  1. A personal loan of $20,000 at a fixed rate for a 5-year term
  2. Car loan or novated lease up to $50,000
  3. Asset finance for office and equipment fitout, IT hardware and software or specialised healthcare equipment through loans, leases or rental agreements

MIPS looked at key reasons that members require finance when considering these products, including:

  • relocation costs, especially for young practitioners
  • necessity for a car, especially for young practitioners and practitioners in regional areas
  • set up and expansion costs for private practices
  • equipment purchasing and upgrade costs.

Making informed decisions when it comes to achieving your financial goals is vital. Learning how to manage your wants vs needs and understanding the financial lexicon can empower you to make wise financial decisions.

Whether its decisions around refinancing, consolidating debts, transitioning into private practice or choosing a new motor vehicle, MIPS Members' Finance provided by Eclipx can assist members to make the right decision. 

Access to the new benefits is only available online once you login to My Membership. Find out more about the range of financial literacy education, insights and tools of MIPS Money Matters.

Relocation and debt consolidation

Access to a simple personal loan of $20,000 to finance your re-location for work, debt consolidation or other purpose

Find out more

Safe and reliable transport

A safe reliable car is invaluable when getting from home to work and back again

Find out more

Purchasing a practice or equipment

Whether you are purchasing into a practice or require to finance new equipment for the practice

Find out more

MIPS has developed financial literacy units in conjunction with Kaplan, a distinguished provider of financial literacy education. Access to this education is available to all MIPS members at no additional cost.

Debt management

  • Fundamentals of borrowing
  • Consumer lending
  • Commercial lending
  • Debt as an investment
  • Debt strategies
  • Building wealth
  • Risk management

Get started

Budgeting and Cash Flow

  • Setting your financial goals and objectives
  • Preparing a budget
  • Preparing a cash flow statement and calculating net worth

Get started

Understanding insurance

  • Types of insurance
  • General insurance
  • Life insurance

Get started


General advice statement

We hope that the information and general advice we provide will help you make a more informed decision. The information on this website is for general information only and does not take into account your objectives, financial situation or needs. MIPS is not a financial advisor. You should consider seeking independent legal, financial, taxation or other advice in light of your own circumstances and read the relevant product disclosure statement and financial services guide before you acquire any financial product. If you decide to apply for a product you will be dealing directly with that provider and not with MIPS.

Eclipx Commercial offers a range of financial resources, products and services, which it says are specifically tailored to MIPS members through MIPS Members Finance powered by Eclipx. Eclipx has arranged a funding facility issued by Perpetual Trustee Company Limited in its capacity as Trustee for the Eclipx-MIPS Member Finance Trust which has been rated ‘AAAsf’; Outlook Stable by Fitch. The facility is co-investment between Eclipx and Macquarie Bank. MIPS has a financial interest in the success of the MIPS Members Finance program to MIPS members through its subsidiary MIPS Insurance Pty Ltd, which has invested in the fund which is assisting in funding the program. MIPS Insurance Pty Ltd receives interest and may receive other financial benefits from its investment. That investment return is available to benefit members.

MIPS Members' Finance
Financial literacy education as well as access through Eclipx Commercial for personal, car and equipment loans.


You will be directed to Eclipx's website.

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The materials provided are for educational purposes only. Whilst all reasonable care has been taken in preparing these materials, including the accuracy of the information supplied, MIPS does not accept any liability whatsoever arising out of the use or reliance of the information provided. Contact MIPS 24/7 Clinico-Legal Support 1800 061 113 or for specific advice.