In the Media

Energy Stocks Lift ASX to Sixth Straight Day of Gains

Proactive Investors New - 29 Jan. 24

Escalating tensions in the Middle East with a resulting surge in oil prices has buoyed energy producers and the broader Australian market today. The S&P/ASX 200 Index ended the day up 21.7 points, or 2.9% higher, reaching 7,577.1 - a sixth straight day of gains that has the benchmark index just 60 points from it's August 2021 record high. Energy stocks gained mor than 1.9%, as oil prices sustained their gains of the past two months. The higher oil prices come after two separate attacks by Iran-backed militants over the weekend, resulting in the deaths of US troops in Jordan and an attached on a tanker in the Red Sea....

Money to Flow into Stock Market as Inflation Cools

The Market Herald - 14 Jan. 24

After three years of pandemics, wars and unpredictable markets, it's exciting to be at the start of a new year full of opportunities in the stock market. That said, 2024 may still have some challenges, including lingering inflation. So let's review the latest inflation data to gauge what's in store for the Australian economy in the first quarter of 2024. Last Wednesday, Federal Treasurer Jim Chalmers announced that the inflation rate had fallen 4.9 per cent in October to 4.3 per cent in November. While this is a notable difference, it doesn't mean the price of good and services will fall...

Friends With Money #130: Stocks for Your Stocking

Money Magazine - 20 Dec. 23

2023 has been a bit of a mediocre year for the Australian market, but could 2024 prove brighter? This week on the Friends with Money podcast, host Tom Watson is joined by chief investment analyst at Wealth Within, Dale Gillham, to chat about the Australian stocks that could shine bright next year. They discuss: how the Australian market has performed in 2024; Why 2024 could be a better year; The blue-chip stocks to keep an eye on; A smaller company worth wathcing...

Origin Energy Takeover Rejection Shows Power of Shareholders

Investing.com - 11 Dec. 23

I was excited to see Origin Energy Ltd (ASX: ORG) shareholders reject the takeover bid by Canadian asset management company Brookfield and US-Based EIG and their attempts to privatise our country's largest energy provider. I have to say I hate great Australian companies falling into the hands of overseas companies and being taken off our exchange, especially if the company is acquired for less than its real value. Also, I have issues with large shareholders agreeing to these takeovers to gain in the short term rather than looking at the bigger picture...

Finder's RBA Survey: Cash Rate Holds but Rents Could Rise as Much as 9.4% in 2024

Finder.com.au - 06 Dec. 23

In this month's Finder's RBA Cash Rate Survey, 38 experts and economists weighed in on future rate moves and other issues relating to the state of the economy. The majority of experts (82%, 31/38) correctly predicted a cash rate hold-keeping it at 4.35% in December. Dale, Gillham, Wealth Within (Hold): 'I believe the RBA will wait for a few months to see how the economy reacts to this last rise before making any decisions on an increase...'