In the Media

Experts Concerned over RBA Interest Rate Hike

Australian Broker - 11 Nov. 23

While the horses may be running on Tuesday, all eyes will be on the Reserve Bank in a decision that will also stop the nation, as the central bank decides whether to increase the cash rate to curb inflation. With 69% of experts expecting a rise, according to Finder, some experts are concerned about what another rate hike could mean to certain segments of the economy. Among the contrarians were mainly economists and university experts with most citing the weaker economy and the lagged effect of previous rate rises as reasons for another pause. “Given the recent economic figures released it seems that our economy is largely flat and adding another rate rise onto an already stressed economy does not seem warranted,” said Dale Gillham Founder of Wealth Within. Whatever the case, the bets are in, and the nation holds its breath for what will be another photo finish on the first Tuesday of November. ..

Rate Rise Means $182K is now the Minimum Income to Afford the Average Aussie House

Finder.com.au - 07 Nov. 23

In this month's Finder RBA Cash Rate Survey, 45 experts and economists weighed in on future cash rate moves and other issues relating to the state of the economy. Almost three-quarters of the panel (69%, 31/45) correctly predicted a rate rise of 25 basis points – bringing the cash rate to 4.35% in November. Dale Gillham, chief analyst at Wealth Within said "Given the recent economic figures released it seems that our economy is largely flat and adding another rate rise onto an already stressed economy does not seem warranted...

Experts Tipping Melbourne Cup Day Interest Rate Hike, Rental Costs to Continue Rising

Channel 9 - 03 Nov. 23

The vast majority of financial experts in a new survey are putting their bets on a Melbourne Cup Day interest rate rise next week. Just 30 minutes before the running of the iconic race that stops the nation on November 7, the Reserve Bank of Australia will issue its decision on the cash rate. In the Finder RBA Cash Rate Survey released today, 69 per cent of the 45 economists and experts canvassed said the RBA will raise the cash rate next Tuesday. Dale Gillham, Chief Analyst of Wealth Within is forecasting a pause, pointing to figures showing the economy is already flat. "Adding another rate rise onto an already stressed economy does not seem warranted," Gillham said...

How Investors Got HIT by F45's Dramatic IPO and Stock Collapse

Money Magazine EDM - 27 Oct. 23

Wealth Within founder and chief analyst Dale Gillham's market wrap was featured by Money Magazine and here is what he had to say - High-profile gym franchise F45 is in hot water again after it released its restated financial accounts, which showed that over the past two years, it had suffered losses of around $USD370 million. It is also facing lawsuits from franchisees and celebrities who used to endorse the brand. F45 established its first gym in Sydney in 2013 and it took the world by storm using the franchising model to establish more than 1500 studios in 63 countries worldwide by June 2021. The gym was made popular with the likes of Mark Wahlberg, who is an investor and now the franchise's chief brand officer. F45 went public on the NY Stock Exchange on July 14, 2021, with an offer price of around $USD16 a share. Investors must now be scratching their heads at what went wrong, given that over two years later, F45 is on the brink of collapse...

Market wrap: All Ords Up More Than 2%

Money Magazine - 13 Oct. 23

Money Magazine ran an article based on Wealth Within's Chief Anaylist Dale Gillham’s weekly market wrap and here is what he had to say, "You've likely heard references to your carbon footprint and that as a country, we are attempting to be carbon neutral, but what does this really mean? Your personal carbon footprint is measured by things like how often you drive your car, how much electricity you use, how much rubbish you throw away and even how many children you have. Carbon Positive Australia states that the average Australian household of 2.6 people has an annual carbon footprint (Co2e) of approximately 15-20 tonnes. Basically, Co2e measures carbon dioxide emissions that we are told are bad for the environment...