Author: Martin North

Martin North is the Principal of Digital Finance Analytics

Homing In On Price Falls, With More To Come…

The latest figures from CoreLogic show prices for homes are easing, and in some places falling. We look at the data, in the light of pressures on households, and rising stress as reported in our latest surveys. And we consider the future trajectory, sheeting the shape of price changes and wealth directly at the door of RBA monetary policy

[CONTENT]

0:00 Start
0:15 Introduction
0:25 June Price Moves
1:50 Major Cities
2:50 Regionals
3:50 Listings and Sales
5:50 Rentals
7:50 Outlook
12:00 Commentary
13:00 Latest Mortgage Stress
13:50 RBA will influence falls or gains
17:45 Conclusion and close

Go to the Walk The World Universe at https://walktheworld.com.au/

Today’s post is brought to you by Ribbon Property Consultants.

If you are buying your home in Sydney’s contentious market, you do not need to stand alone. This is the time you need to have Edwin from Ribbon Property Consultants standing along side you.

Buying property, is both challenging and adversarial. The vendor has a professional on their side.

Emotions run high – price discovery and price transparency are hard to find – then there is the wasted time and financial investment you make.

Edwin understands your needs. So why not engage a licensed professional to stand alongside you. With RPC you know you have: experience, knowledge, and master negotiators, looking after your best interest.

Shoot Ribbon an email on info@ribbonproperty.com.au & use promo code: DFA-WTW/MARTIN to receive your 10% DISCOUNT OFFER.

CBDC: Where Are They Taking Us?

If you string together recent statements from entities like the Bank For International Settlements, IMF, Federal Reserve and other non-elected entities a frightening story emerges as Central Bank Digital Currencies (CBDC) are deployed to give Central Banks even greater powers, impose cross-border solutions (some would say a global currency) and remove more freedoms from society.

This is being talked about top-down as it were, without proper local consultation and buy-in. The future they portray is frightening.

To make the point I have pulled together material from a number of relatively difficult texts, but see the summary section in the contents section to cut to the chase.

[CONTENT]

0:00 Start
0:15 Introduction
1:25 BIS Report – Digital Money
6:25 BIS New Public Policy
8:30 IMF Future Of Money
15:00 Federal Reserve on CBDC
19:23 Literary Review on CBDC and Monetary Policy
24:50 Summary and Conclusion

Go to the Walk The World Universe at https://walktheworld.com.au/

Weird: Credit Is Easing While Job Vacancies Boom!

The latest credit data from the RBA and APRA show ongoing growth, though the rate is starting to ease, and will do so more as rates rise. The ABS data on vacancies reveals a significant number of jobs on offer. We suggest the low wage environment is part of the reason why people are not grabbing them. This could turn to custard quite soon now.

Go to the Walk The World Universe at https://walktheworld.com.au/

Today’s post is brought to you by Ribbon Property Consultants.

If you are buying your home in Sydney’s contentious market, you do not need to stand alone. This is the time you need to have Edwin from Ribbon Property Consultants standing along side you.

Buying property, is both challenging and adversarial. The vendor has a professional on their side.

Emotions run high – price discovery and price transparency are hard to find – then there is the wasted time and financial investment you make.

Edwin understands your needs. So why not engage a licensed professional to stand alongside you. With RPC you know you have: experience, knowledge, and master negotiators, looking after your best interest.

Shoot Ribbon an email on info@ribbonproperty.com.au & use promo code: DFA-WTW/MARTIN to receive your 10% DISCOUNT OFFER.

Fixed Mortgage Rates To The Moon! With Steve Mickenbecker

On The Day CBA lifted their fixed mortgage rates 1.4% I caught up with Steve Mickenbecker from Canstar to discuss the implications of this, and the broader rate landscape as borrowers are being forced to pay more. While depositors are having a small win, the impact of rate hikes is concerning.

That said, households can take some steps to try to alleviate the pressure, though one popular one, cancelling health insurance is beset with issues.

Steve Mickenbecker is in Canstar’s Group Executive Team, bringing more than 30 years of experience in the Australian financial services industry. As a financial commentator for Canstar, Steve enjoys sharing his expertise across topics such as home loans, superannuation, insurance, mortgages, banking, credit cards, investment, budgeting, money management and more.

Go to the Walk The World Universe at https://walktheworld.com.au/

How Energy Cartels Will Smash The Housing Market!

An important conversation with David Llewellyn-Smith, David is Chief Strategist at Nucleus Wealth and the founding publisher and editor for Macrobusiness.

Australia is facing an energy crisis which has been deliberately set-up by a cartel of producers, across gas and coal. As a result we face crippling costs of energy, and a flow through into higher inflation. As a result the RBA will likely lift the cash rate higher forcing households and business to the wall.

But there is a simple solution, one which would slacken inflation, restore normality to the energy market and take pressure off households and businesses. So the question is, will the new Government grasp the opportunity, or will they be too timid (or even corrupt) to do so?

Go to the Walk The World Universe at https://walktheworld.com.au/

FINAL REMINDER: DFA Live Q&A Damien Klassen 8pm Syndey – Investing Now

Join us for a live discussion about the current state of the markets with Damien Klassen Head of Investments At Nucleus Wealth And Walk The World Funds.

You can ask a question live via YouTube Chat!

Go to the Walk The World Universe at https://walktheworld.com.au/

No Real Wage Rise For You, Or You, Or You..!

The international club of central banks responsible for controlling inflation has backed Reserve Bank of Australia governor Philip Lowe by warning that wage-price spiral risks are “flashing red” and calling for “front-loaded” interest rate hikes to avoid 1970s-style stagflation.

If central banks failed to tame inflation and wage claims, interest rates would need to rise sharply, risking “large drops in asset prices [that] could trigger a sharp recession and financial stresses”, the Bank for International Settlements said.

The Reserve Bank of Australia has conceded the disorderly end of its yield curve control policy in November last year triggered market volatility and dislocation, alongside damage to the bank’s reputation.

Today’s post is brought to you by Ribbon Property Consultants.

If you are buying your home in Sydney’s contentious market, you do not need to stand alone. This is the time you need to have Edwin from Ribbon Property Consultants standing along side you.

Buying property, is both challenging and adversarial. The vendor has a professional on their side.

Emotions run high – price discovery and price transparency are hard to find – then there is the wasted time and financial investment you make.

Edwin understands your needs. So why not engage a licensed professional to stand alongside you. With RPC you know you have: experience, knowledge, and master negotiators, looking after your best interest.

Shoot Ribbon an email on info@ribbonproperty.com.au & use promo code: DFA-WTW/MARTIN to receive your 10% DISCOUNT OFFER.

In A Down Market, What Can YOU Do?

I caught up with Paul Feeney from Otivo who just released survey results highlighting the extent of wealth destruction we have seen since the start of the year, across multiple asset classes. We discussed the implications of this, and specifically what we can do to react. What elements can we control?

The good news that even now, there are things which can help to ensure a better outcome in the future. No need to panic.

Paul talks about how the Otivo advice platform offers a lens to assist in optimization of a wealth building strategy.

You can try the platform for free, and get a discount on signing up. DFA Viewers can use the code OtivoDFA when signing up for a subscription in the payment section of the Otivo sign-up to activate a 20% discount.

Note: DFA does not get any commercial benefit if you do sign up or try the platform.

https://www.otivo.com/

Go to the Walk The World Universe at https://walktheworld.com.au/

Australia’s Living God is Deaf, Dumb and Blind

God is supposed to be all knowing and mere humans are required to religious houses of worship in order to obtain wisdom. In today’s episode, Adams is committing blasphemy by exposing that Australia’s living God – the RBA Governor Phillip Lowe – has little idea as to what he is doing.

In the past 2 weeks, Adams has gone to the monetary house of worship, the RBA and asked them a range of detailed questions as to determine what extent do they understand the impact of their monetary policy decisions on Australian households – especially in a situation that we have the largest hyper debt bubble in Australian history.

Unfortunately, in their most recent email, the RBA has expressed dissatisfaction at the number of questions I am posing! They obviously don’t like scrutiny.

What Adams has picked up from the email correspondence is that the RBA does not have a good real-time gage over disaggregated household cash position and thus, in the view of Adams, they are largely flying blind as to the real position of households and what the impact of monetary policy will be.

This is critical to know if you are basing your financial decisions on the statements of the RBA.

Go to the Walk The World Universe at https://walktheworld.com.au/