In the Media

Australia the Lucky Country

Have a Go News - 20 Oct. 10

We are consistently told we live in the lucky country, yet constantly we see evidence to the contrary. I would not call it lucky that we have some of the highest interest rates in the world or that we pay more in bank fees and other essential services than many Western countries. Added to this is the fact that Australia's average age is increasing and baby boomers who represent more than 30 per cent of our population are now retiring. The facts are that 75 per cent of all retirees are still reliant on some form of government pension, with 50 per cent of these people relying on a full pension at around $14,000...

Poll Impact

Money Management Magazine - 19 Oct. 10

Dale Gillham, head of education and advisory firm Wealth Within, says the main challenge for investors is not the existence of a minority government in Australia, but adjusting to the continuing global economic and investment uncertainty. “Too many investors still run with the herd, which usually means doing the wrong thing at the wrong time. Success in the current environment depends on avoiding this mentality and instead keeping a level head as you look for good buying opportunities...

Taste For Risk Starting to Grow

Herald Sun - 11 Sep. 10

Fund manager Wealth Within chief analyst Dale Gillham also argues it may be time to cash up and plunge back in. "Many investors are staying away from the share and property markets, staying in or moving to cash. However, I would argue that the opposite should be occurring, as the best opportunities abound in times of uncertainty," he said. "While I understand that Australians are wary about taking on risk right now, I have always said that those who are prepared to do their homework and take on risk will be rewarded in the long term...

Business Community Wary of Minority Government

Queensland Times - 09 Sep. 10

The election is now over but we are still none the wiser as to the future direction of our country. Even when we do find out the result, it is certain we will have a minority government which could spell disaster for our short term economic growth. For the economy to grow business must grow, however, businesses need certainty before taking on the risks associated with expanding. We are now seeing many companies putting off expansion plans and this has a flow-on effect for business borrowings, employment, and spending on infrastructure and other services...