Originally known for its dominance in gaming graphics, the company’s evolved into a major force in artificial intelligence and data processing.

From AI-powered research to autonomous vehicles, NVIDIA’s graphics processing units (GPUs) have become the foundation of AI and machine learning, cementing its place at the heart of the tech world.

This transformation has catapulted the company’s market valuation, making it one of the most valuable players globally.

However, after more than tripling in value over six months before reaching its peak in June, NVIDIA’s share price has started to cool, dropping more than 20 per cent.

For investors who feel they’ve missed Nvidia, the question is: Could there be an Australian equivalent primed for a similar meteoric rise?

While the ASX might not have a company of NVIDIA’s size, Australia’s technology sector is brimming with potential, particularly when it comes to AI, software, and high-performance computing. Here are three ASX Listed companies that we believe could be the next big thing in tech.

WBT has positioned itself as a significant player in the tech world with its next-generation semiconductor memory technology.

As demand for AI and data-intensive applications grows, Weebit Nano’s innovative technology could see it rise to prominence, much like NVIDIA’s GPUs have done in graphics and AI processing.

While Weebit’s share price has experienced a significant decline since March 2023, it has fallen over 70 per cent to now be trading around the $2 mark.

The good news is that this is a strong support level that has historically served as a launching point for previous rallies. If price can stabilise and attract buying interest at this level, there’s potential for a rebound towards the $4.50 range.

BRN is pioneering the development of neuromorphic computing, which mimics the human brain’s structure and function to process information.

This technology has the potential to revolutionise AI by making it faster and more energy efficient.

If this technology gains traction, BrainChip could be positioned as a global leader in next generation AI hardware.

BrainChip’s share price saw an impressive surge of over 200 per cent in February this year, only to retrace back to its starting level of around $0.15, which is a crucial support level for the stock, serving as a key threshold for investors.

If the price breaks below this support level, it may signal further declines. However, if price holds, we could see a significant rally.

AXE is pioneering developments in quantum computing with its 12CQ chip project.

This cutting-edge technology aims to revolutionise computing power and efficiency.

If successful, Archer could become a major player in the quantum computing field.

While this sounds exciting, the share price has been on a long-term downtrend since August 2021, losing over 90 per cent.

Eventually, the price will need to find a floor, and the $0.16 level appears to be a strong candidate.

Since this level is still about 30 per cent away, it may be wise to watch and wait for a potential rebound.

While Australia’s technology sector may still be in its early growth phase, companies like these demonstrate that the potential for a home grown tech giant is very real and very exciting.

As the world continues to embrace AI and advanced computing, these companies could very well be the ones to watch, offering investors a chance to get in on the ground floor of the next big tech wave.

The best-performing sectors include Information Technology and Financials, both up over one per cent, followed by Real Estate, up just under one per cent.

The worst-performing sectors include Energy, down more than 6 per cent, followed by Materials, down over 5 per cent and Utilities, down some 3 per cent.

The best performing stocks in the ASX top 100 include Charter Hall (ASX:CHC), up over 5 per cent, followed by Fisher and Paykel Healthcare (ASX:FPH), up more than 4 per cent, and Mirvac Group (ASX:MGR), up over 3 per cent. The worst-performing stocks include Minerals Resources (ASX:MIN), down more than 19 per cent, followed by Pilbara Minerals (ASX:PLS), down 13 per cent, and Fortescue (ASX:FMG), down 11 per cent.

With the All Ordinaries Index dropping more than 1.5 per cent so far this week – with the fall occurring on Wednesday – investors might be questioning our market.

The past week has seen a change in sentiment given that the All Ordinaries Index had closed higher on 12 out of 15 trading days from August 5 to now only be closing higher on 3 of the last 7 trading days.

Given the strong run…

The question that remains is whether we will see a push from the buyers in the short term to break to a new all-time high.

If we see our market close high on Friday and erase some of this week’s losses, it’s very possible we will see a move up to challenge the all-time high of 8375.80 points set in August.

For that to occur, the Materials sector needs to turn around, and the Financial sector needs to remain strong.

I have mentioned many times that when Financials and Materials rise together, our market will be bullish, and there is no reason to suggest that if these two large sectors move, we will not see a break of the all-time high and a sustained bull market until November.

Again, regardless of the market’s broader direction, it’s essential to stay focused on individual stocks, as that is what you invest in.

It is also crucial to have a well-thought-out strategy rather than follow the herd. This means having rules for buying, selling and actively managing your trades.

For now, good luck and good trading.

Dale Gillham is the Chief Analyst at Wealth Within and the international bestselling author of How to Beat the Managed Funds by 20%. He is also the author of the bestselling and award-winning book Accelerate Your Wealth—It’s Your Money, Your Choice, which is available in all good bookstores and online at www.wealthwithin.com.au. 

Disclaimer: While Wealth Within holds an Australian Financial Services License (AFSL:226347) the information featured in this program is general in nature and therefore should not be relied upon.

Before making any investment decisions, you should consult a licensed professional who can advise whether your investment decisions are appropriate for you.

The material provided in this article is for information only and should not be treated as investment advice.

Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.

Disclaimer: The information provided by Property Hub does not constitute personal financial/product/investment advice. The information provided is of a general nature only and does not take into account your individual objectives, financial situation or needs. It should not be used, relied upon, or treated as a substitute for specific professional advice.

Property Hub recommends that you obtain your own independent professional advice before making any decision in relation to your particular requirements or circumstances. Past performance of any product discussed is not indicative of future performance. We may at times refer to third parties. Details of these third parties have been provided solely for you to obtain further information about other relevant products and entities in the market.

The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.

The signs suggest that this might be the case. Recently, several significant corporate acquisitions, such as Seven Group Holdings’ (ASX:SVW) purchase of Boral earlier this year, have indicated notable consolidation within the industry. Additionally, CSR’s 62-year tenure on the ASX concluded with a $4.3 billion takeover approved in June 2024.

Major players are making significant moves, and if this trend continues, as I believe it will, the logical question becomes who’s next? Here are three ASX-listed stocks that all exhibit the characteristics of potential takeover targets in this space.

Monadelphous Group (ASX: MND) 

This leading engineering company has a strong presence in resources, energy, and infrastructure and is well-positioned to benefit from the government’s recent investment initiatives. In its half-year results for 2024, MND increased revenue by 5.8 per cent, with a net profit of $30.1 million. Although the share price has been steadily rising since 2022, it has experienced a decline of around 17 per cent over the last year, presenting an opportunity to acquire the stock at a discount.

NRW Holdings (ASX: NWH)

NWH offers a wide range of services, including civil, mining, and urban infrastructure. The company’s recent acquisitions and expansion into new markets have enhanced its capabilities, making it attractive to major players. NRW Holdings expects revenue of $2.9 billion for FY2024 and with the share price recently surpassing the January 2023 high, buyer support is strong, limiting potential medium-term downside risk for those looking to invest.

MAAS Group (ASX: MGH) 

MGH is a diversified industrial group with interests in construction materials, civil construction, and real estate. The company’s strategic focus on regional infrastructure projects aligns well with the government’s investment priorities. MAAS Group reported revenue of $805 million and a net profit of $66 million for FY23. Given its growth trajectory and regional focus, MGH could be an attractive target for larger companies looking to expand their footprint. The share price has recently corrected by 20 per cent, making it an appealing option at current prices.

 What are the best and worst-performing sectors this week? 

The best-performing sectors include Real Estate, up over two per cent, followed by Consumer Staples and Financials, which are both up over one and a half per cent. The worst-performing sectors include Information Technology, down over one per cent, followed by Materials, down over half a per cent, and Energy, slightly up under half a per cent.

The best-performing stocks in the ASX top 100 include James Hardie Industries Plc (ASX:JHX), up over 10 per cent, followed by Reliance Worldwide Corporation Ltd (ASX:RWC), up over nine per cent, and Block Inc (ASX:SQ2), up over seven per cent. The worst-performing stocks include Domino’s Pizza Enterprises Ltd (ASX:DMP) and Paladin Energy Ltd (ASX:PDN), which are both down over eight per cent, followed by NEXTDC Limited (ASX:NXT), down over four per cent.

What’s next for the Australian stock market? 

With the All-ordinaries Index breaking through to a new all-time high last week, the pressing question was whether sellers would step in to halt further gains. The answer is continued buying, which propelled the market over one per cent higher this week.

As a result, July is now witnessing the strongest single month this year, and we’re only halfway through. So, what’s next? Previously, I identified 8,400 to 8,600 points as potential resistance levels, and this could still be relevant in the short term. However, given the market’s current strength, it’s prudent to revise the long-term upside targets.

Considering the sideways movement since March and previous price cycles, a projected target of 9,000 points now seems very plausible. Supporting this projection is the fact that the materials and energy sectors have yet to experience significant upward momentum. Although there were signs of an upward move last week, they haven’t sustained it this week.

If these sectors are merely taking a brief pause, then I expect further explosive upside movement in the coming weeks. Additionally, the healthcare sector has also broken through to new highs this week, which is excellent news for our market. As I mentioned last week, if you aren’t prepared for the explosive move ahead, you might miss the best opportunity of the year to secure substantial profits.

The good news is, it’s still not too late, but time is ticking so make sure you’re ready to capitalise on the fantastic opportunities the market is offering right now.

For now, good luck and good trading.

Dale Gillham is Chief Analyst at Wealth Within and international bestselling author of How to Beat the Managed Funds by 20%. He is also the author of Accelerate Your Wealth—It’s Your Money, Your Choice, which is available in bookstores and online at www.wealthwithin.com.au

While Wealth Within holds an Australian Financial Services License (AFSL:226347) the information featured in this program is general in nature and therefore should not be relied upon. Before making any investment decisions, you should consult a licensed professional who can advise whether your investment decisions are appropriate for you.

The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.

While Bitcoin has evolved significantly from its origins tied to the Silk Road (a hidden service on the Tor network), its rapid expansion necessitates more resources, presenting two critical challenges that could intersect at a pivotal moment.

Firstly, recent studies indicate that if Bitcoin continues to grow at a pace similar to smartphones and credit cards, it could contribute to a global temperature rise exceeding 2 degrees Celsius by 2033. This conflicts directly with global efforts for net-zero emissions by 2050, potentially prompting governments worldwide to consider drastic measures on Bitcoin to meet climate targets.

Secondly, the sharp rise in energy prices in 2021, driven by challenges in transitioning to clean energy, increased post-COVID-19 demand, and geopolitical tensions like the Russian-German Nord Stream 2 pipeline, have put the viability of Bitcoin mining at risk. Bitcoin’s hash rate, which measures the computational power needed for network security and transactions, becomes more costly with increasing energy prices, and considering over half of its power comes from fossil fuel, it will be crucial for Bitcoin to swiftly adapt to renewable energy sources to avoid potential extinction.

Despite these challenges, Bitcoin’s price broke through to a new all-time high earlier this year. Since then, it has experienced a decline of approximately 30 per cent. Historically, after reaching new all-time highs, Bitcoin often undergoes corrections of 50-70 per cent, indicating the possibility of further declines is imminent.

Considering the current market conditions and Bitcoin’s potential, it’s crucial for investors eyeing this dynamic sector to carefully evaluate risks, particularly as Bitcoin’s rapid growth could be its own undoing in the long run.

The best-performing sectors include Communication Services, Information Technology and Consumer Discretionary, which are all up over two per cent. The worst-performing sectors include Materials and Utilities, down over one per cent, followed by Energy, down just under one per cent.

The best-performing stocks in the ASX top 100 include Paladin Energy Ltd (ASX:PDN), up over seven per cent, followed by Mirvac Group (ASX:MGR), up over five per cent, and Xero Ltd (ASX:XRO), up over four per cent. The worst-performing stocks include South32 Ltd (ASX:S32), down over five per cent, followed by Whitehaven Coal Ltd (ASX:WHC), down over three per cent, and Rio Tinto Ltd (ASX:RIO), down over two per cent.

Buyers are actively driving the All Ordinaries index this week, pushing it up nearly one per cent, and bringing the previous all-time high of 8,168 within reach. What’s particularly exciting is that this marks the first time since the beginning of June that our market has surpassed 8,100 points, suggesting a new all-time high could be imminent in the coming weeks.

What should we anticipate in such a scenario? Typically, when markets achieve new all-time highs, there’s potential for a retracement as buyers and sellers adjust to the new levels. However, I don’t foresee this happening now, given the market’s current dynamics.

The extended period of sideways movement from March this year indicates that a strong directional move is next, leading me to believe the market will swiftly climb towards the 8,300 to 8,400 range, where I anticipate resistance. These levels are marked as resistance targets because historically, July sees an average increase of approximately 2.5 per cent, and so far, with the index up around 0.8 per cent for July, we are only one-third of the way there.

It’s also worth noting that 8,300 is a conservative target and the market could feasibly push higher, possibly encountering resistance around 8,600.

However, declining trading volumes over the past three weeks raise a cautionary note. A robust rise in market prices typically accompanies strong volume support, which is not present right now, so be prepared to adjust your strategy if the current bullish trend loses momentum and the market returns to its recent sideways pattern.

For now, good luck and good trading.

Dale Gillham is Chief Analyst at Wealth Within and international bestselling author of How to Beat the Managed Funds by 20%. He is also the author of Accelerate Your Wealth—It’s Your Money, Your Choice, which is available in bookstores and online at www.wealthwithin.com.au 

DISCLAIMER: While Wealth Within holds an Australian Financial Services License (AFSL:226347) the information featured in this program is general in nature and therefore should not be relied upon. Before making any investment decisions, you should consult a licensed professional who can advise whether your investment decisions are appropriate for you. 

The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.

Also in today’s Realty Talk, we catch up with Mark Macduffie from Downsizer.co to find out how he’s giving Baby Boomers a helping hand as record numbers look to downsize. 

Disclaimer: The information provided by Property Hub does not constitute personal financial/product/investment advice. The information provided is of a general nature only and does not take into account your individual objectives, financial situation or needs. It should not be used, relied upon, or treated as a substitute for specific professional advice. Property Hub recommends that you obtain your own independent professional advice before making any decision in relation to your particular requirements or circumstances. Past performance of any product discussed is not indicative of future performance. We may at times refer to third parties. Details of these third parties have been provided solely for you to obtain further information about other relevant products and entities in the market.

The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.

We discuss the best use of land: And how investing in your own residence with additions, can significantly increase its value. He discusses good debt vs bad debt and how the family home remains tax-free for future gains.

Jason shares real-life examples of clients who have successfully implemented these strategies to maximise their property investments.

We look at the basics of property investment with a detailed explanation on calculating returns, understanding cash flow, and the importance of structured finance.

Jason Whitton highlights the dangers of cross-collateralisation, offering tips on how to set up your finance correctly to avoid common pitfalls. His advice is practical and based on years of experience helping clients navigate the property market.

We discuss the strategic benefits of owning residential investment properties. Jason Whitton emphasises the value of long-term ownership and passive management, discussing how a well-chosen property can grow significantly in value over time. He also touches on the psychological aspects of investing, such as overcoming the fear of making mistakes and the importance of taking action.

Finally, we review the current property market landscape in Australia. Jason outlines the impact of interest rates, supply shortages, and the growing demand for housing. He stresses the importance of acting promptly to secure valuable investments in a competitive market. Jason also provides his predictions for the future of the property market and shares advice on how to stay ahead of the curve.

For more Info about Money and Investing you can go to the podcast at http://www.moneyandinvesting.com.au/; The Wealth Playbook: Your Ultimate Guide to Financial Security: https://www.wealthplaybook.com.au/, and The Wealth Playbook on Audible: https://www.audible.com.au/pd/The-Wealth-Playbook-Audiobook/B0CXYYWZTB?qid=1711282387

Disclaimer: Wealth Magnet Pty Ltd (ABN 52 618 868 830) trading as Australian Investment Education is a Corporate Authorised Representative (CAR no. 1255231) of Grange Financial Services Pty Ltd (AFSL No. 488609).

The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.

The world is aiming for a cleaner planet by 2050, and while alternative energies have made significant strides, imagine the potential of an infinite clean energy source. Enter Helium-3.

It’s located about 400,000 kilometres away on the Moon.

Despite this distance, nations like the United States, China, and India have set their sights on the Moon, lured by the practical and financial prospects of Helium-3 which could potentially see the modern-day equivalent of a gold rush.

Historically, some of the most successful companies during gold rushes were those who supplied the tools for mining.

With our cutting-edge mining technology and strategic partnerships, we are uniquely positioned to be the ‘tool supplier’ in this space race.As the competition heats up, Australia’s existing partnerships with space-faring nations position ASX-listed companies in the front seat. Here are three that are primed to benefit from this rapidly growing sector.Electro Optic Systems Holdings (ASX: EOS): Known for its advancements in satellite communication and space situational awareness, EOS is well-placed to benefit from increased investment in lunar missions. The stock has been on an upward trajectory since 2003 and has been trading around $2.00. The last time it hit this price level was in 2016 before it surged over 500 per cent in the following four years. If the price continues to climb and surpasses the March 24 high, the odds favour a potential repeat of its 2016 performance, which is very exciting.Silex Systems (ASX: SLX): Known for its uranium enrichment technology and exploration in nuclear fusion, which could be adapted for Helium-3, SLX is positioned at the forefront of the energy revolution. Despite a rise in the share price of over 3,000 per cent since 2020, SLX is still trading at less than half of its all-time high of around $13, which indicates there is significant potential for growth.Quickstep Holdings (ASX: QHL): QHL manufactures advanced composites and components for the aerospace and defence industries and is set to benefit from future space investment. Currently, the share price is trading around $0.20, making this stock quite illiquid. However, it’s worth noting that both EOS and SLX once traded at similar levels before taking off. As such, I would encourage you to watch for a break above $1.00 as this could attract a rush of new investors, increasing liquidity and offering a promising opportunity to invest in a stock with astronomical upside potential.If you’re interested in investing in the space race, keep an eye on these stocks. They have the potential for substantial growth in this expanding sector.

The best-performing sectors include Energy, up over four per cent, followed by Materials, up over three per cent, and, Real Estate, up more than a per cent. The worst-performing sectors include Utilities and Information Technology, down more than one per cent, followed by Communication Services, down just under one per cent.The best-performing stocks in the ASX top 100 include Whitehaven Coal (ASX:WHC), up more than sixteen per cent, followed by Lynas Rare Earths (ASX:LYC), up some nine per cent, and Mineral Resources (ASX:MIN), up over seven per cent. Some of the worst-performing stocks include Pro Medicus (ASX:PME), down over nine per cent, followed by Seek Limited (ASX:SEK), down over five per cent, and Cochlear (ASX:COH), down over four per cent.

July has kicked off with a bang!

The All-Ordinaries index has increased by just under one per cent this week, and I’m excited because this is the first time since mid-May that our market has consecutively hit new weekly highs. This upward trend suggests the market may finally be ready to break out of the current sideways move.Looking ahead, if the market continues its upward trajectory next week and surpasses 8,100 points, it would be reasonable to target the current all-time high of 8,168. On the other hand, if the market reverses and falls below 7,900 next week, it would signal the need for caution, resulting in the potential for a significant downward shift.Be prepared for either scenario. It is not uncommon for prices to spike up and down following prolonged sideways periods before eventually creating a directional trend.That said, I am still bullish. Last week, I mentioned that a rise in the materials sector would strengthen the market’s upward momentum, and we’re seeing this unfold, with the materials sector rebounding strongly from the 17,000 level this week. Additionally, the energy sector has had a stellar week, posting one of its best one-week performances in recent history.So, with both energy and materials gaining traction and financials maintaining their strength, the conditions are ripe for future growth. Therefore, if you haven’t positioned yourself yet, now is the opportune moment. The alignment of these key sectors suggests the potential for achieving your best returns this year.

For now, good luck and good trading.

Dale Gillham is the Chief Analyst at Wealth Within and the international bestselling author of How to Beat the Managed Funds by 20%. He is also the author of Accelerate Your Wealth—It’s Your Money, Your Choice, which is available in bookstores and online at www.wealthwithin.com.au

While Wealth Within holds an Australian Financial Services License (AFSL:226347) the information featured in this program is general in nature and therefore should not be relied upon. Before making any investment decisions, you should consult a licensed professional who can advise whether your investment decisions are appropriate for you.

The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.

Also on Realty Talk this week, award-winning property consultant Brett Wheatland from Renting Adelaide discusses how to find properties that will have the highest tenant appeal.

Disclaimer: The information provided by Property Hub does not constitute personal financial/product/investment advice. The information provided is of a general nature only and does not take into account your individual objectives, financial situation or needs. It should not be used, relied upon, or treated as a substitute for specific professional advice. Property Hub recommends that you obtain your own independent professional advice before making any decision in relation to your particular requirements or circumstances. Past performance of any product discussed is not indicative of future performance. We may at times refer to third parties. Details of these third parties have been provided solely for you to obtain further information about other relevant products and entities in the market.

The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.

From this season, both the AFL and AFLW Mark of the Year winners receive $50,000 and 2 million Virgin Australia frequent flyer points.

The Goal of the Year winners will also take home $50,000, and a further $10,000 will go to the winning players’ junior footy club. Fans who vote can win $5000.

Taylor Walker is out of contract at the Adelaide Crows and rumours are that other clubs are circling.

The former captain received a boost in his deal last year.

Fremantle are trying to lure Chad Warner away from ladder leaders, Sydney, with a $1.6m annual contract.

The Swans have successfully retained a lot of talent, with Will Hayward the most recent re-signing.

The Dockers already have a star-studded midfield with Angus Brayshaw, Caleb Serong, Hayden Young and two-time Brownlow Medallist, Nat Fyfe.

The AFL made an almighty blunder the night of its Hall of Fame, by including Hawthorn premiership player Michael Porter in the ‘in Memoriam’ tribute video. The problem is, the 79 year-old is alive and well.

Texts were sent around between his teammates, all wondering what had happened, before the matter was cleared up and the AFL apologised for the mistake.

The Melbourne Storm advised the NRL it won’t participate in the Las Vegas opening round next year.

The Storm previously expressed interest in being involved, but decided not to go ahead upon looking at the NRL’s terms and conditions – among other factors.

News Corp has reported that NBL owner Larry Kestelman and Sydney Kings’ majority owner Robyn Denholm are set to invest in the WNBL.

The WNBL is governed by Basketball Australia, but it’s understood the NBL’s official league ownership wouldn’t be immediate.

Oklahoma City Thunder and Boomers guard Josh Giddey is being traded to the Chicago Bulls for two-time all-defensive guard Alex Caruso.

Giddey has a year to run on his four-year $27.2 million deal.

ESPN is offering Stephen A. Smith US$18 million annually, but the TV personality and the broadcaster are far apart in expectations.

Smith reportedly wants US$25 million for a new deal.

The LA Lakers have signed JJ Redick as a coach on a four-year deal. Redick is a former player, a respected ESPN analyst, but an unproven coach. 

Redick knocked back the Detriot Pistons, who sacked Monty Williams after just a year – a costly move setting them back $98 million.

The rise of the WNBA continues, with the average team worth $96 million and bringing in $13.2 million in annual revenue.

These numbers are expected to rise after the next media rights deal.

In our last segment, we talked about how despite viewership being at an all-time high and attendances at a 26-year peak, the WNBA and its teams are still expected to take a significant dent in the pocket – $50 million. Check out the table from Sportico.

Tom Brady’s role as a Fox Analyst will earn him a whopping US$375 million.

However, he confessed he had plenty of nerves heading into his first year, not wanting to let either Fox or NFL fans down.

The company supporting Tiger Woods and Rory McIlroy’s new indoor golf league has raised a new round of funding which values the company at around US$500 million.

The league already has a TV deal with ESPN and will start next year, according to sports personality and investor, Joe Pompilano.

Full time property investor and owner of Rooming House Expert, Mark Baker, joins Bushy Martin for this episode of Realty Talk to discuss ways to maximise rental income and reduce turnover.

Meanwhile, Rental Property Network Principal, Moni Mazzeo, talks to a different approach to improving rental success and it’s about taking an interest in how your property manager ‘handles stress’.

Disclaimer: The information provided by Property Hub does not constitute personal financial/product/investment advice. The information provided is of a general nature only and does not take into account your individual objectives, financial situation or needs. It should not be used, relied upon, or treated as a substitute for specific professional advice.

Property Hub recommends that you obtain your own independent professional advice before making any decision in relation to your particular requirements or circumstances. Past performance of any product discussed is not indicative of future performance. We may at times refer to third parties. Details of these third parties have been provided solely for you to obtain further information about other relevant products and entities in the market.

The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.

Setka has named McBurney – who led the Australian Building and Construction Commission (ABCC) before it was abolished by the Albanese government last year – as ‘anti-worker’.

The ABCC was criticised by Sekta as ‘anti-union’. He reportedly has personal issue with McBurney alleging he pursuing the union over a one-minute silence held annually to remember the West Gate Bridge collapse in Victoria that killed 35 workers in 1970.

According to multiple media reports, Setka has threatened to impose union ‘work to rule’ campaigns or shutdowns on multiple sites linked to the AFL, including a proposed new stadium in Hobart and the $100 million Thebarton Oval relocation for the Adelaide Crows. South Australia’s Premier Peter Malinauskas has thrown his support behind the project, and has been quoted saying: “No one should get in the way of it”.

Even the Prime Minister Anthony Albanese has weighed in on Setka’s extraordinary demand.

Even Anthony Albanese has called on Setka to end the campaign against the AFL, with Setka declaring the Prime Minister should “stay out of it”.

Mr McBurney hasn’t commented on the matter. Warren Tredrea discusses where it’s at.

The AFL is backing McBurney, an experienced lawyer and umpire:

“All projects the AFL contributes to are designed to provide better training venues for AFL and AFLW players, gender-friendly facilities and change rooms at community football clubs, and to create a more welcoming footy environment for families who make up many of the 1.2 million club members and the many more millions of fans who attend games,” the AFL said in a statement. “So we are hopeful any intended action does not impact players, supporters or the wider community who benefit from upgrades to local clubrooms and our stadiums.”

“Steve McBurney umpired 401 games, including four AFL grand finals, he has been a long-time mentor to umpires at every level and has done an outstanding job since returning to the AFL to take up the role of head of officiating.”

The AFL Umpires Association also backed McBurney, saying: “Given the recent appalling and threatening commentary from the Victorian Secretary of the CFMEU, John Setka, the AFLUA wishes to again declare its support for Stephen McBurney’s appointment to the AFL’s Head of Officiating role. In the AFLUA’s dealings and negotiations with the AFL, any differences of opinion are managed in a positive, respectful, and civil manner. With Steve as Head of Officiating, we have every confidence this relationship will continue for the betterment of umpiring.”

The Albanese government and Victorian government have been criticised for not coming down harder on John Setka.

Setka was unrepentant last Wednesday when asked about the AFL’s statement.

Perhaps the feud will not outlive Setka, who announced earlier this year that he would not renominate for his role in an election later this year.

Warren Tredrea and Jack Hudson also discuss:

This episode is especially for those in their 30s and 40s, looking at the biggest financial mistakes that can be made at this stage of life and how to avoid them.

Andrew Baxter and Mitch begin by exploring common financial pitfalls people face in that age group, emphasising the importance of balancing lifestyle and financial commitments. They discuss the impact of lifestyle inflation and the need for proper planning, especially when starting a family.

Next, Andrew Baxter and Mitch discuss the dangers of overspending and the importance of budgeting. We share personal anecdotes about the consequences of hedonistic spending and the value of having a mentor to provide accountability.

They cover the significance of having a backup plan, multiple income streams, and proper financial structuring. And they look at the risks of high-stakes investments and the importance of avoiding them, especially if you lack financial experience.

Money and Investing examines the long-term effects of financial mistakes, including relationship strain and the potential for financial instability in retirement. They look at the importance of starting early, making informed decisions, and having clear financial goals.

Finally, today’s show provides practical advice on how to get back on track and stresses the importance of having a mentor and a solid financial plan.

For more Info about Money and Investing you can go to the podcast at http://www.moneyandinvesting.com.au/; The Wealth Playbook: Your Ultimate Guide to Financial Security: https://www.wealthplaybook.com.au/, and The Wealth Playbook on Audible: https://www.audible.com.au/pd/The-Wealth-Playbook-Audiobook/B0CXYYWZTB?qid=1711282387

Disclaimer: Wealth Magnet Pty Ltd (ABN 52 618 868 830) trading as Australian Investment Education is a Corporate Authorised Representative (CAR no. 1255231) of Grange Financial Services Pty Ltd (AFSL No. 488609).

The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.

The AFL is on top of the world, taking out grants, non-football and pokie operations when ranking against NRL and SuperRugby clubs.

The West Coast Eagles, despite a wooden spoon season, raking in $70 million in revenue.

Collingwood is not far behind with $56.2 million, while the NRL’s best side sits third overall, with the Brisbane Broncos coming in with $54.9 million.

The NRL is a bit behind all but the AFL’s newest clubs, Gold Coast and GWS Giants.

For SuperRugby, the Reds sit behind the Suns with $16.4 million.

Will Hayward has signed on with the Sydney Swans for five-years, believed to be on $600,000 a season, which is less than what other clubs, particularly Carlton and Adelaide, were willing to pay.

Meanwhile, GWS defender Sam Taylor and Brisbane midfielder Hugh McCluggage have both signed on with their respective clubs for a further seven years.

The Crows have missed out on stars, having failed to pry both Harrison Petty and Clayton Oliver out of Melbourne last season, and now Hayward.

They are also currently chasing Harry Perryman from the GWS Giants, with an offer believed to be around $800,000 a season.

However, they might need to keep an eye on the exit door, with first-year draftee Dan Curtin rumoured to be eager on a return to Western Australia. However, the Crows hold all the keys with the young swingman.

State of Origin is a jewel in the crown of the NRL and for the Nine Network, with Game 1 reaching a national TV audience of 5,306,000, a total TV audience of 3,436,000 and a BVOD audience of 760,000.

It was also the highest rating Game 1 since 2016 in a massive win for the NRL and Nine.

Aussie skipper Pat Cummins has signed a four-year deal with the San Francisco Unicorns in Major League Cricket.

Cummins’ deal is believed to be at least seven-figures, and joins a raft of Aussies in the fledgling competition including Jake Fraser-McGurk, Glenn Maxwell, Travis Head and Steve Smith.

The MLC has also gained List A status for its season season, and is now recognised as an official Twenty20 league – which allows records to count towards official T20 stats.

A non-binding indicative offer from the MT Arena Capital Investment Pty Ltd has been made to Sports Entertainment Group Limited (SEG) for a 90 per cent stake of NBL giant, Perth Wildcats.

The offer is $36 million, which is a significant increase on the $8.5 million Craig Hutchison paid for the franchise in 2021.

The SEN owner sold off a 3.75 per cent stake in SEN Teams for $1.5 million faced financial struggles over a $20 million loan owner to the Commonwealth Bank.

In another huge coup for the NBL, NBA legend Carmelo Anthony has signed on to lead an expansion of the Next Stars program, which has so far produced eight NBA draftees.

With the deal, he’ll also have some ownership in a future NBL franchise.

It’s similar to the deal which lured Andrew Bogut back from the US to join the Sydney Kings on a two-year deal.

In the worst kept secret in world football, French superstar Kylian Mbappe has left Paris Saint-Germain on a free transfer for Spanish giants and reigning Champions League winners Real Madrid.

He has signed a five-year deal, worth A$24.5 million a season, which includes a massive $245 million signing bonus, paid over five years.

The total package is A$351.5 million, which is still a pay cut from his PSG deal and a lot less than the offer put to him by Saudi Arabian team Al-Hilal a year ago.

It’s a fairytale move for the boyhood Madrid fan, which had social media support from club greats Sergio Ramos and David Beckham.

However, Portuguese superstar and former Real Madrid legend Cristiano Ronaldo also offered his support, and in the meantime, broke the record for the most liked social media comment ever – 4.3 million ‘likes’.

Madrid took home $21 million USD for the Champions League triumph over Borussia Dortmund last week, who received $16.12 million USD as runners-up.

Reigning English Premier League champions Manchester City have launched legal action against the Premier League.

City has accused the Premier League of ‘discrimination’ as the battle between the two bodies begins to heat up over the league’s associated party transaction (APT) rules.

The Premier League had tightened rules regarding APTs, relating to clubs signing sponsorship deals with club-associated companies.

City’s rapid rise since the end of the 2000s has been benefited by sponsorships, notably Etihad Airways, which is City’s stadium and shirt sponsor.

Separately, City are facing 115 Premier League charges for alleged breaches of regulations and financial rules between 2009 and 2023, which they deny.

The hearing is set for November.

HanesBrands has sold sportswear brand Champion to Authentic Brands Group in a US$1.2 billion deal.

Shares of HanesBrands surged 15.6 per cent in premarket trading and the deal could reach up to $1.5 billion through additional contingent cash.

The fallout from the Monaco Grand Prix is apparent, with Alpine set to end its five-year association with Esteban Ocon at season’s end.

Ocon was believed to be earning US$6 million this year, while Carlos Sainz, who has been linked with the vacant seat, has been earning a US$12 million.

Both are well short of Lewis Hamilton at Mercedes with $45 million and Max Verstappen at $55 million at Red Bull.

Le Coq Spotif is in strife, and right when it’s set to deliver the French Olympic team with 370,000 uniforms for the Paris Olympics.

The company is the main supplier for French athletes at the Pairs games, but on Monday, shares in Le Coq’s Swiss holding company Airesis were suspended on the Swiss stock exchange after it missed a deadline to publish its 2023 financial results.

They had already delayed issuing them in April.

The company had a revenue of more than $230 million USD, but ongoing costs have put them in a tough spot.

Le Coq reportedly required a $10.8 million USD state-backed loan at the start of last year to help.

And finally, a 2003-04 Upper Deck Ultimate Collection autographed Michael Jordan Logoman card – 1/1 – sold for $2.928 million through auction company Goldin.

It broke records as the most ever paid for a Jordan card and Logoman cards are usually limited to one copy, featuring the NBA logo cut from a game-used jersey.

It was a PSA graded 10 – making it perfect and it had been ‘long lost’ before it surfaced with PSA in 2022.

The record is still the 1952 Topps Mickey Mantle which sold for $12.6 million in August 2022.

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This is unwelcome news for those Australians struggling with the rising cost of living.

With no immediate relief from the RBA in sight, it might be time for Australians to shift their mindset and explore ways they might be able to benefit from the inflationary environment.Conventional wisdom suggests that you should invest in stocks in the financial, materials or energy sectors during inflationary periods.

However, while these sectors have historically performed well during times of inflation, both the energy and materials sectors experienced significant declines in 2011 and 2014, which were the previous two times that CPI was at, or above, the 3 per cent threshold. Financials also saw a decline in 2011 but improved in 2014.

The key is to identify companies that directly benefit from rising interest rates.One such company could be Computershare (ASX:CPU), which holds around $25 billion in cash on behalf of clients. This means that every 1 per cent increase in the interest rate translates to an additional $250 million in earnings for Computershare.

Historically, each time the RBA has begun to raise rates, as it did in 2009, CPU’s share price found a long-term low and then rose strongly. With the potential for rates to increase, CPU is a company worth consideration to combat inflation.Another company to consider is EML Payments (ASX:EML) which holds $2 billion in customer funds, so every 1 per cent rise in interest rates generates an additional $20 million in earnings. Like CPU, EML’s share price has increased with interest rate changes. For example, EML’s share price reached its all-time low just before interest rates started to rise in 2009, with the stock soaring over 33,000 per cent to its all-time high in 2021.

Since peaking, the share price has fallen more than 90 per cent, coinciding with a period of falling interest rates.However, the share price has been rising again since October 2022, which is intriguing because the RBA started raising rates in June 2022 after years of consistent rate cuts.

So, if the RBA continues to raise rates, EML could present a rare opportunity to pick up a stock with huge upside potential.

The best-performing sectors include Real Estate – up just under half a per cent – followed by Communication Services and Consumer Discretionary, which were down just under half a per cent. The worst-performing sectors include Utilities, which shed more than three per cent, followed by Energy and Materials, down over two per cent.The best-performing stocks in the ASX top 100 include NIB Holdings (ASX:NHF), which gained more than four per cent, followed by Pro Medicus (ASX:PME) and Domino’s Pizza Enterprises (ASX:DMP), both up over three per cent. The worst-performing stocks include Fortescue (ASX:FMG), down more than seven per cent, followed by Liontown Resources (ASX:LTR), down over six per cent, and Iluka Resources (ASX:ILU), down more than five per cent.

Sellers have taken control this week, with the All-Ordinaries index dropping more than one per cent. Interestingly, the market is now back at the crucial 7,900-point level. This level has proven to be a strong support level on three separate occasions this year, where the buyers have stepped in to prevent further declines leading to a gain of around 3 per cent each time the market dipped.What’s exciting is that with prices at the 7,900-point level, we are at an inflection point in the market with a clear scenario ahead. If buyers remain consistent, we should soon see prices begin to rise from this level, potentially pushing the market back up to test the previous all-time high of 8,167 points.However, if the 7,900 support level fails, it will introduce a new dynamic we haven’t seen this year, offering insight into what may happen in June.

In my previous report, I mentioned the possibility of the market hitting a mid-year low in June. This week has increased that likelihood, especially since June is historically a down month for the All Ordinaries Index. For the market to confirm a mid-year low in June, it would need to break below the April low of 7,743 points.A decline in June would also offer traders and investors, who thought they had missed the mid-year buying opportunity, a renewed chance to enter the market. This is exciting news, as this opportunity seemed unlikely two weeks ago, and the outlook is now clearer than it has been for some weeks.

Therefore, I encourage investors to be prepared to act at the first sign of confirmation.

For now, good luck and good trading.

Dale Gillham is Chief Analyst at Wealth Within and international bestselling author of How to Beat the Managed Funds by 20%. He is also the author of Accelerate Your Wealth—It’s Your Money, Your Choice, which is available in bookstores and online at www.wealthwithin.com.au

Disclaimer: While Wealth Within holds an Australian Financial Services License (AFSL:226347) the information featured in this program is general in nature and therefore should not be relied upon. Before making any investment decisions, you should consult a licensed professional who can advise whether your investment decisions are appropriate for you.

The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.

This decision resulted in one of the largest weekly declines in its share price since 2020 and raised questions about whether this presents an opportunity to acquire a ‘blue-chip stock at a discount’, or, if it signals underlying issues within one of Australia’s major market players.Admittedly, layoffs are rarely a positive sign for a company, and Telstra’s move is estimated to cost between $200 million and $250 million. However, there’s a silver lining: By making these changes, the company anticipates saving $350 million by the end of the 2025 financial year, resulting in a net positive scenario of $100 million.If these cost savings are effectively reinvested to foster growth and innovation, this will potentially boost the share price. If this occurs, then Telstra might become an appealing investment option. One thing of note is that Telstra’s core mobile business continues to perform strongly, with the company projecting a pre-tax, pre-interest profit of $8.4-8.7 billion for the 2025 financial year.Turning to the share price, Telstra is currently trading around $3.40.

What’s noteworthy is its historical resilience at these price levels: Despite 27-years on the ASX, it has only dipped below $3.40 on three occasions, each time rebounding strongly, with gains of at least 17 per cent, and even surpassing 90 per cent in 2015.So, if Telstra has played its cards right, albeit at the cost of an unpopular decision, then perhaps we’re witnessing a ‘blue-chip stock at a discount’ right now. However, I would exercise caution and wait for signs of upward price momentum to confirm a new uptrend before you consider it a buying opportunity.

The best-performing sectors include Information Technology, up over four per cent, followed by Utilities, up over two per cent, and, Industrials, up just under two per cent. The worst-performing sectors include Communication Services, down more than two per cent, followed by Consumer Discretionary, down just under two per cent and Real Estate, down just under a per cent.,The best-performing stocks in the ASX top 100 include Technology One (ASX:TNE), up more than 12 per cent, followed by Xero (ASX:XRO) which added 11 per cent and IDP Education (ASX:IEL), up more than six per cent. The worst-performing stocks include James Hardie (ASX:JHX) which fell 12 per cent, followed by Liontown Resources (ASX:LTR), which lost six per cent and Nine Entertainment Holdings (ASX:NEC), down more than five per cent.

As the All-Ordinaries index has failed to achieve a new all-time high this week, it raises the question: Have buyers exhausted their immediate efforts and, in doing so, paved the way for sellers to take charge, or are they just taking a breather?As of writing, the All-Ordinaries index has seen a slight dip of less than half a per cent this week, and prices have remained within the range set last Thursday. This indicates that the market is in a phase of at least short-term accumulation. Such periods typically precede significant price movements in either direction, adding intrigue to the market’s next move.So, with a strong directional move either up or down on the horizon, there’s a genuine possibility that our market may trend downwards. This is supported by the historical seasonal trend of market declines in June, and the market’s inability to surpass the previous all-time high adds fuel to this. That said, given the market’s resilience this year, a significant price fall on the All-Ordinaries index in June seems less likely.A more probable scenario is for the market to reach its major yearly low between September and November. Therefore, there’s still considerable room for market growth before any serious decline. Nonetheless, if June follows its historical downturn, I’ll closely monitor the 7,800 level, which has been a strong buyer support level since February. If prices breach 7,800, the potential support around 7,500 becomes pivotal.As we are presented with two opposing potential scenarios on our market and a short window regarding market turning points, I cannot stress enough the importance of having an exit strategy in place for the stocks you are trading.Waiting for the market to plummet before considering selling will be too late, potentially undoing all of the nice gains the market has provided this year so far. For now, it is time to wait and see what the next move holds.

Good luck and good trading.

Dale Gillham is Chief Analyst at Wealth Within and international bestselling author of How to Beat the Managed Funds by 20%. He is also the author of Accelerate Your Wealth—It’s Your Money, Your Choice, which is available in bookstores and online at www.wealthwithin.com.au

Disclaimers: While Wealth Within holds an Australian Financial Services License (AFSL:226347) the information featured in this program is general in nature and therefore should not be relied upon. Before making any investment decisions, you should consult a licensed professional who can advise whether your investment decisions are appropriate for you.

The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.

Instead of delving into the intricate details of its broader impact on Australia, which will likely unfold over time, the question it raises for investors is which ASX-listed companies will benefit significantly from these transformative policies.One I believe will benefit is IGO, which, if I’m correct, could potentially make it an attractive buying opportunity. This is because the budget has earmarked $13.7 billion for production tax incentives in critical minerals processing, which is great news for IGO, given its involvement in mining and processing crucial minerals like nickel and copper.To further sweeten the deal, a significant portion of the budget, approximately $19.7 billion, will target initiatives promoting renewable energy, including tax breaks for lithium-ion investments. This aligns perfectly with IGO’s joint venture with Tianqi Lithium Corporation, which specialises in lithium mining and refining, making the recent budget announcement seem tailor-made for IGO.Looking at the share price, despite IGO’s prolonged market under-performance, characterised by a decline of over 60 per cent from its all-time high in November 2022, the recent budget announcement has the potential to signify a turning point for this company.The price of IGO appears to have stabilised at $7; therefore, I am keenly waiting to see signs of an upward movement in price. More specifically, if the price can rise above $9, then it will be time to start taking this stock seriously. So keep a vigilant eye on IGO, as momentum may soon sway decisively to the buyers.

The best-performing sectors include Consumer Discretionary, up over four per cent, followed by Healthcare and Real Estate, up just under three per cent. The worst-performing sectors include Energy, down over two per cent, followed by Industrials, down over half a per cent and Utilities, which is up just under one per cent.The best-performing stocks in the ASX top 100 include Aristocrat Leisure, up over 16 per cent followed by Charter Hall, up over six per cent and Cochlear, up over five per cent. The worst-performing stocks include Whitehaven Coal, down five per cent, followed by BlueScope Steel and Arcadium Lithium, down over three per cent.

This week, the All-Ordinaries index has risen strongly, trading up over one and a half per cent as of writing. This is great news, especially after last week’s nice rise, as it showcases that the strength of buyers may be here for the longer term. In my previous report, I highlighted the resurgence of buyer dominance was particularly evident after finding support at the critical 7,800 level. However, despite this support, uncertainty loomed, given that last week marked the first up week since late March.So, with the continued momentum from buyers this week, it’s becoming increasingly evident that we’re on the brink of breaking the all-time high in the next week or so. Additionally, while I previously entertained the possibility of a mid-year low in May or June, the current strength of buyer activity suggests otherwise. It’s now more plausible that April marked our mid-year low, signalling a potential entry into the next bullish phase—a particularly thrilling prospect.In light of this development, the crucial question arises: what lies ahead as we venture into uncharted territory? While I’ve previously identified 8,200 to 8,400 as probable next targets for our market, it’s imperative to closely monitor the reaction of the All Ords when it breaks the all-time high. This will offer insights into the level of bullish sentiment that we can anticipate heading into the third quarter, which historically is a period marked by market declines, notably into September or October.If the market breaks above the all-time high and maintains its strength beyond June, the next significant market falls will likely be postponed until September to November. Therefore, if you haven’t already prepared to seize the market opportunities that will present, now is the time, or you risk missing out on one of the few significant buying opportunities remaining this year.For now, good luck and good trading.

Dale Gillham is the Chief Analyst at Wealth Within and the international bestselling author of How to Beat the Managed Funds by 20%. He is also the author of Accelerate Your Wealth—It’s Your Money, Your Choice, which is available in bookstores and online at www.wealthwithin.com.au

While Wealth Within holds an Australian Financial Services License (AFSL:226347) the information featured in this program is general in nature and therefore should not be relied upon. Before making any investment decisions, you should consult a licensed professional who can advise whether your investment decisions are appropriate for you.

The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.

The best-performing sectors include Real Estate, Information Technology, and Financials, which are all up over one per cent. The worst-performing sectors include Consumer Staples and Energy, which are both down over two per cent, followed by Utilities, down just under one per cent.The best-performing stocks in the ASX top 100 include Amcor and IGO, which are up over nine per cent, followed by Qube Holdings, up over seven per cent. The worst-performing stocks include Ampol, down over eight per cent, followed by Worley, down over seven per cent, and Block, down over six per cent.

With the All-Ordinaries Index showing a slight decline this week, the market appears to be at a critical juncture, with neither buyers nor sellers able to assert dominance. This suggests a pivotal moment in the market’s trajectory may be imminent. In my previous report, I highlighted 7,800 points as a key support level, and interestingly, since mid-April, the market has consistently held above this level, indicating strong support. However, despite several attempts in the last two weeks, the market has failed to break above the 8,000 point level, leading to a sideways movement.It is evident that the market is at a crossroads and is poised for a decisive move in either direction. The longer the sideways movement persists, the more powerful the eventual breakout will likely be. The question now is, which way is it likely to break? Historically, the market tends to form a low during the May-June period. Therefore, based on this pattern, the probability of a downward breakout appears higher.This scenario also aligns with my previous forecast of a downward move in May and June towards the 7,500 or 7,200 level. However, if the market manages to stay above the 7,800 level and breaks above 8,000 points in the coming weeks, it could reignite a bullish trend.I would encourage traders and investors to closely monitor price action for any clues about the market’s next move, as I believe it will be significant. However, I do caution anyone thinking of jumping in too early. There will be plenty of time to profit when the bull run confirms it is back.

Dale Gillham is Chief Analyst at Wealth Within and international bestselling author of How to Beat the Managed Funds by 20%. He is also the author of Accelerate Your Wealth—It’s Your Money, Your Choice, which is available in bookstores and online at www.wealthwithin.com.au

Disclaimer: While Wealth Within holds an Australian Financial Services License (AFSL:226347) the information featured in this program is general in nature and therefore should not be relied upon. Before making any investment decisions, you should consult a licensed professional who can advise whether your investment decisions are appropriate for you.

The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.

The financial press has been awash with commentary on the recent Australian inflation numbers. The year-on-year headline number was 3.6%, which is down from 4.1% in the previous quarter, but the core trimmed mean measure remained sticky at 4%. This is what the Reserve Bank looks at when setting interest rates, and it is 1.5% above the middle of the 2-3% range that they target. The number I look at is the non-tradeables inflation, Figure 1.

Recall that the tradeables piece of inflation largely represents the stuff coming in by ship or air. This is not just China sourced product, but a good chunk is. That is well down, condition normal.

However, before allowing the RBA or the Government any victory lap, we should recognise that the fall in the tradeables component of inflation had very little to do with them. That was mostly Xi Jinping, the China price at work making our goods cheaper, along with a sluggish Chinese economy.

The non-tradeables piece is the one we should focus on to measure domestic policy progress.

This scorecard is not so great. It fell from 5.4% year-on-year in the December quarter to 5.0% in the March quarter. That is 2.5% above the centre of the RBA target range of 2-3%. This is the piece that remains stubbornly high, and relates to rental rises, service prices and wage costs.

Our Back to the 70s script remains on track. Interest rates seem less likely to fall and may even rise.

In a previous wire, we recalled the days of ABBA, the Honda Civic, and persistent inflation. The 1970s were a difficult time in geopolitics, the financial market and wider society. The policies of that time involved wars of different kinds: Cold wars between superpowers; hot wars between their proxies; the battle of the sexes; labour wars; trade wars; tariff wars; and, the anti-war backlash. Fashion follows folly.

There are perhaps two different ways to look at history. There is the glass half-full view, of a continuous struggle for progress, marked by an upward sloping line. There is also the glass half-empty view of a constant return to the starting point to complete one revolution of a perpetually repeating cycle.

The truth surely lies with a nuanced view that pits similarity versus difference.

At a recent Evergreen Consultants investment committee meeting, economist Dr Peter Mavromatis presented a splendid chart recalling the tension between today and the 1970s, Figure 2.

Note that the 1970s inflation wave came in two halves, lasting over a decade, with two oil shocks. I purposefully included the text of Dr. Mavromatis’ commentary. ‘Eerie’ is the perfect word to describe this situation.

In my last column from just three weeks ago, I wrote:

“The investment opportunity is a reversal of the previous global disinflation shock. The geopolitical pressures of the time have famously elevated national security concerns over the economy. Policies to reshore manufacturing, or friend-shore into more expensive locations, will raise goods prices.”

More or less on cue and true to the 1970s vibe, Treasurer Jim Chalmers wrote an opinion piece on the Future Made in Australia policy initiative. Yes, there will be investment. It will be about encouraging investment in manufacturing and discouraging the wrong kind of foreign capital.

The stated aim is to align our national and economic security interests while delivering prosperity.

It is too early to judge what concrete measures the Future Made in Australia policy will entail. However, any policy which has a stated aim to screen qualifying capital for suitability at a government level, does not seem like a strong signal for foreigners to get on a plane, come visit some mine sites and invest.

Nobody would suggest that making something in Australia is a bad idea.

If you can and there is a market – and you are globally competitive – then knock yourself out.

Unlike in the 1970s, innovations in AI, automation and advanced manufacturing can lower labour cost. There will be Australian firms that grasp these. Government could create policy settings that accelerate this process, and that is clearly the intention of the Future Made in Australia package.

However, we must address the elephant in the room, which is Chinese manufacturing competitiveness.

China is the factory of the world and it holds a leading position in electric vehicles, solar panels, lithium ion batteries and many other fast-growing segments of the global manufacturing economy.

The idea of automating factory activity to lower cost and offset labour shortages first became official policy in China way back around 2012. That nation now has the largest inventory of installed robots. Just as there was a China price that was driven by low labour cost, there is now a ‘much lower China price’ which is driven by extensive use of factory automation on a massive scale. The Chinese are not standing still.

The obvious strategy for Australia would be to leverage our highly-educated workforce in the design, marketing and delivery stages of manufacturing. This was the strategy of outsourced manufacturing.

In the new world, we must now ‘align our national and economic security interests’, according to Jim Chalmers. Presumably, that means an Australian firm should not partner with a Chinese firm, to make something innovative and at scale and export that into global markets. That is what I would do.

If you cannot pursue the first and best choice, you could do something similar in Japan, Taiwan, South Korea, or the USA. These are very good destinations for an Australian design or engineering team that wishes to achieve scale and cost advantages by partnering with a leading manufacturing enterprise.

The alternative – at smaller scale – is the niche strategy of high-value low-unit manufacturing. This might take you to Switzerland, Germany, the United Kingdom, the Netherlands, Ireland, Norway, Denmark, Sweden or Finland. If you really want to go wild, you might visit Poland or Turkey.

The one area of investment that I can think of that is made in Australia from go to whoa, is perhaps not the one our government imagines. That is gold mining, smelting and refining. All done here.

With the latest inflation data, yet more war likely for longer, and an Australian government that seems keen to splash cash, loans and subsidies on flagship projects, I am keen on gold.

Perth Mint gold certificates are ‘Made in Australia’ and backed by the only government guarantee of any gold depositary institution globally. That is the made in Australia Gold Corporation Act 1987.

The last time I purchased gold through them was September 2007.

That led to a good year for my portfolio return through the Global Financial Crisis of 2008.

History does not repeat, but my future portfolio may well rhyme with that one.

Disclosure: the author holds no gold as at the time of writing.

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This raises an interesting question as to whether investors should cut ties with these corporate giants or whether there is the prospect of finding a gem that is waiting to be unearthed. Let me explain.Australian households are grappling with the relentless surge in living costs through higher interest rates and the burden of inflated supermarket bills. While this weighs heavily on the average family, there could be a silver lining for investors. These escalated supermarket prices may translate into healthier profits and potentially signal a bright future for both Coles and Woolworths.Flashback to August last year when Woolies and Coles announced profits of 4.6 per cent and 4.8 per cent, respectively, over the past year. Those numbers might not make your jaw drop, but here’s the kicker: Both Coles and Woolies have seen their earnings increase year on year since 2020. All of this has occurred during a pandemic recovery and inflation storm.You would think that with shoppers spending less, earnings would decrease, but the opposite has happened. So, how did they pull it off? There can really only be two reasons: squeezing suppliers for lower costs while stacking the supermarket shelves with higher-margin products.Interestingly, despite Woolworths’ earnings uptick, its share price has taken a nosedive, with the stock down approximately 25 per cent from its peak in August 2021. Worse, from a technical perspective there is no indication the downward trend will halt anytime soon.However, here’s the silver lining I was talking about: Woolworths’ share price has a track record of bouncing back splendidly after corrections in the range of 20 to 30 per cent. So, if the company can keep the profit train rolling despite a sluggish economy, this stock has the potential to outperform over the longer term.Coles share price is also down about 20 per cent from its peak in August 2022. In contrast to Woolies, however, its share price has been rising since October 2023. If this trend can continue, I see the potential for the price to reach around $19 in the medium to long term, which provides a fantastic opportunity for savvy investors and traders.

The best-performing sectors include Utilities, up just under a per cent followed by Consumer Staples and Materials, which are both down just over one per cent. The worst-performing sectors include Healthcare, down more than three per cent, followed by Real Estate and Consumer Discretionary, as they are both down over two per cent.The best-performing stocks in the ASX top 100 include Lynas Rare Earths (ASX:LYC) and Bank of Queensland (ASX:BOQ), which are both up over six per cent; followed by IDP Education (ASX:IEL), which has been up over three per cent. The worst-performing stocks include Dominos Pizza (ASX:DMP), down over seven per cent; followed by James Hardie (ASX:JHX), down over six per cent; and, Block (ASX:SQ2), down more than five per cent.

This week, the sellers have taken control, steering the market down by around 2 per cent, making this week one of the most significant weekly drops of the year. Regular readers will know that I have been anticipating a significant peak in the All-Ordinaries Index this month and that April would be volatile.Initially, I expected the peak to occur closer to the end of the month, but it now seems like the peak might have arrived early. If sellers keep up their commitment to driving prices down next week, we can expect a fall of 8 to 12 per cent from the all-time high of 8,168 points that occurred on April 2. This means that the All-Ordinaries Index could fall to 7,500 or even 7,200 points over coming weeks.While a market correction of more than 8 per cent can be intimidating, it’s important to remember that these corrections are very normal and occur frequently. Further, they offer some of the best opportunities for those who can buy into good stocks at cheaper prices. The market gives you these favourable situations each year, so it’s essential that you prepare yourself to take advantage of them.That said, I am not suggesting diving into stocks while the market is falling. I am suggesting investors stay vigilant and keep watching the market and key stocks closely, so they’re ready to pounce as soon as signs of a reversal appear. Right now I still like the Energy, Materials and Utilities sectors, and it may pay to start looking there for good stocks that will likely rise once the pullback has finished.

Dale Gillham is Chief Analyst at Wealth Within and international bestselling author of How to Beat the Managed Funds by 20%. He is also the author of Accelerate Your Wealth—It’s Your Money, Your Choice, which is available in bookstores and online at www.wealthwithin.com.au

While Wealth Within holds an Australian Financial Services License (AFSL:226347) the information featured in this program is general in nature and therefore should not be relied upon. Before making any investment decisions, you should consult a licensed professional who can advise whether your investment decisions are appropriate for you.

The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.