In the Media

Finder's RBA Survey: All Experts Confident the Cash Rate will Hold

Finder.com.au - 03 May 24

For the third time this year, all experts agree we're in for a cash rate hold in May. In this month's Finder RBA Cash Rate Survey, 36 experts and economists weighed in on future cash rate moves and other issues relating to the state of the economy. All 35 experts believe the RBA will once again hold the cash rate at 4.35% in May. Graham Cooke, head of consumer research at Finder, said hope of a near-term rate cut was quickly fading. "Promising signs of inflation starting to ease were dampened by higher than expected figures from the March quarter."

How to Spot and Avoid Ponzi Schemes

Money Magazine - 22 Mar. 24

This week, I read a heartbreaking article about a grandson investing a large sum of money for his grandmother in a Ponzi scheme. Sadly, I have seen many of these schemes in my decades in the industry. So why do people fall for these scams? Before we dive in, it's important to understand why people are attracted to scams. No doubt you've heard the saying, "if it's too good to be true, then it probably is?" Never has a more accurate statement been said when it comes to Ponzi schemes. I believe the main reason people get caught in these investments is because they have no way of measuring what is too good to be true. How much is too much...

Property Platform Ranks Top Stock Pick

The Market Online - 12 Mar. 24

Digital property exchange platform Pexa Group (ASX: PXA) is the 'Hot Stock' pick from Dale Gillham and Filip Tortevski in Wealth Within's Hot Stock Tips Show for HotCopper this week. Mr Gillham and Mr Tortevski discuss a change of momentum with Pexa, with the stock trading at all time lows. Pexa has been trading around $12.50. The 'Proceed with Caution' pick this week is wealth adviser Perpetual Ltd (ASX: PPT), which has seen growth over two months. But Mr Gillham and Mr Tortevski warn it could be 'a suckers rally' short of price confirmation...

Getting With the Program

The Weekend Australian - 09 Mar. 24

...why so bullish Dale? "According to projections, AI spending in Australia is expected to reach $US6.4bn ($9.7bn) by 2026 contributing to an estimated $22.7 trillion boost to the global economy by 2030," he says. "From an investment viewpoint, if this sector can perform in Australia even remotely close to America, then we might well be staring a future goldmine for early investors." O.K. tell us, Dale, who's on your radar? Appen provides data tools and services to global markets to aid with such things as workflow management, data organisation performance analysis and testing. FY23 wasn't great with revenue falling to $US273m, while new markets revenue of $US81.5m was down 7.7 per cent....

Money Talks: Why Wealth Within reckons AI in Australia is on Cusp of 'Remarkable Growth'

NewsCorp Australia - 06 Mar. 24

Strong and sustained interest in the use of artificial intelligence (AI) continues to buoy the tech sector on a global basis. The S&P/ASX 200 Info Tech (ASX: XIJ) index rose 19.48 per cent in February to far outpace the benchmark S&P/ASX 200, which lifted just 0.79 per cent. The bellwether for the global tech sector, the NASDAQ Composite Index, rallied by more than 44 per cent in 2023 and continues to climb in 2024, up more than 10 per cent YTD. And then let's not forget about Nvidia, which is at the centre of the AI boom...