In the Media

‘Liar Loan’ Applicants Who Borrowed TOO MUCH Are Now at Risk Of Losing Their Homes After Largest Interest Rate Rise In 22 Years

Daily Mail Australia - 06 Jun. 22

'Liar loan' applicants who stretched the truth in their mortgage applications are now at major risk of falling behind in their repayments and even losing their homes after the largest rate rise in 22 years. The panic is being sparked by a revealing recent survey by UBS which found 37 per cent of borrowers in the six months to December 2021 'made false representations on their application' in order to get a more desirable home. Dale Gillham from Wealth Within said liar loans are nothing out of the ordinary in Australia. “Liar loans are normal and the recent figures would not be a surprise to the RBA”, he said…

Why Tech Stocks are for the Seasoned Investor

Proactive Investors New - 03 Jun. 22

Dale Gillham Chief Analyst at Wealth Within and international bestselling author of How to Beat the Managed Funds by 20% said, "It’s important to remember that the tech sector is one of the smallest in the All Ordinaries Index with 87% of the companies having a market capitalisation under $100 million while 70% have a market cap under $50 million. While the broader Australian stock market has been holding up well in the last year, the Australian technology sector, like its US counterpart, has technically crashed...

ASX To Rise as US Investors See Inflation Shrinking; AGL Scraps Demerger Plans

Proactive Investors New - 30 May 22

Wealth Within founder and chief analyst Dale Gillham says, “While the market has traded higher this week, it has really lacked direction, which is not surprising given the continued volatility. Remember, as I stated previously, this doesn’t necessarily mean the market will be bearish, nor does it mean it will be bullish, it just means that right now it is time to be patient. In my last report, I indicated that I still believed most, if not all, of the fall had already occurred but that this was unconfirmed, which is still the case. The more our market rises over the next few weeks, the higher the probability it will hold above the recent low of May 12 at 7,157 points before the market turns to test the low...

10 Biggest Companies on the ASX In May 2022

Canstar - 18 May 22

There are more than 2,000 companies listed on the ASX, and while we would like to examine them all we just wouldn’t have the time. So, we spoke with Janine Cox, Senior Investment Analyst at Wealth Within to get their take on how the ASX’s 10 biggest players have performed recently. Here is what we learned about the 10 biggest ASX companies by market capitalisation: 1. Australian and New Zealand Banking Group Ltd (ANZ) - From around March 2021, ANZ’s share price was behaving erratically and this continued when the company began its on-market buyback in the second half of 2021. Interestingly around the time they announced half year results on May 4, they also announced the buyback...

Finder's RBA Survey: 84% of Experts the Cash Rate Will Move By August

Finder.com.au - 02 May 22

In this month's Finder RBA Cash Rate Survey, 32 experts and economists weighed in on future cash rate moves and other issues relating to the state of the economy. 1 in 5 economists (22%, 7/32) believe the cash rate will change on Tuesday, while half (50%, 16/32) don't expect the RBA to bump up the cash rate until June. Almost all panellists (84%, 27/32) agree the rate will move by August. Dale Gillham from Wealth Within said: "All the banks are factoring in rate rises and so I would think after the federal election we will see an upward movement in rates. We are in a very low rate environment and a long way from what is normal and so continual rate rises over the next few years should be of no surprise...