Roy A McDonald

It is well known that investing in shares or equities can help build your wealth over time. However, sometimes it can seem quite daunting, especially for new investors. Like any investment, there is risk involved. So be clear about your…

Why Financial Planning just for Women? Women don’t share the same kind of financial experience that men do.  So why should they receive the same financial advice?  Women also have lifestyle and financial goals to achieve such as wanting to…

The term cryptocurrency is generally used to describe a digital asset in which encryption techniques are used to regulate the generation of additional units and verify transactions on a blockchain. Cryptocurrency generally operates independently of a central bank, central authority…

To prepare an accurate tax return you need to keep records that support the claims and declarations you make. As a rule, it is better to keep too many records rather than not enough records. The Australian tax system relies…

The Australian Taxation Office (ATO) is reminding Australians that it is paying close attention to undeclared income from secondary work, including from the sharing or ‘gig’ economy this tax time. Assistant Commissioner Tim Loh has noticed some confusion about when…

Look after yourself This is the most important thing. If you are feeling overwhelmed, don't hesitate to talk with your friends or family, or phone a confidential counseling service: Lifeline Australia on 13 11 14 (24 hours) Beyond Blue on 1300 224 636 (24…

The global economy is continuing its recovery from what was its most severe recession since the Second World War. According to the International Monetary Fund (IMF) in its latest report (January), the world economy is forecast to expand by 4.4%…

Financial Planning Association’s (FPA) annual Money & Life Tracker: Freedom Edition reveals a snapshot of how 2,000 Australians have fared since COVID. A majority of Australians’ top financial goal over the next 12 months is to hit a savings goal…

There are many facets to the world of investing and many choices to make: different asset classes, tax implications, risk and return variables, domestic versus international markets, when to buy and when to sell… the list goes on. Having a…

If you come across a phone call, text message, voicemail or email that you believe has come from the Australian Tax Office that seems odd it is best that you phone the ATO on 1800 008 540 or go to…