Author: Martin North

Martin North is the Principal of Digital Finance Analytics

The RBA Under The Microscope

In today’s show we look at the just released annual report from the RBA, with a surprising change in accounting to avoid a capital call, plus calls for a review of the RBA, and we touch on the question of whether rising rates will drive home prices lower. And we hear about the RBA’s view of the relationship between Government and the RBA.

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.

The Inter-generational Property Meat Grinder: With Leith van Onselen

Leith van Onselen writes for MacroBusiness as the Unconventional Economist. Leith has previously worked as an economist at the Australian Treasury, Victorian Treasury and Goldman Sachs. He has a strong background in economic policy and financial sector regulation. Leith holds a Bachelor of Commerce (Honours) degree from Melbourne University and a Graduate Diploma of Applied Finance and Investment from the Securities Institute of Australia (now FINSIA).. Leith can also be found on twitter: twitter.com/leithvo.

https://www.macrobusiness.com.au/

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

The Evergrande End Game?

Evergrande shares plunged on Thursday after saying it scrapped talks to offload a stake in its property-management arm and that real estate sales slumped during a peak home-buying season, worsening its liquidity crisis.

China Evergrande Group scrapped talks to offload a stake in its property-management arm and said real estate sales plunged about 97% during peak home-buying season, worsening its liquidity crisis on the eve of a dollar-bond deadline that could tip the company into default.

The latest edition of our finance and property news digest with a distinctively Australian flavour.

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

A Real Digital Road Map?

Those following this channel will know I am a believer in the future disruption of the financial system thanks to the emerging digital landscape, which is powered by the blockchain, and of which Bitcoin is merely the first faltering steps on the journey to a decentralised financial system, which may ultimately remove the need for banks, and perhaps even central banks. Yet I also highlight the risks in the system right now, it is the wild west, to quote the head of the SEC.

On that journey, Australia’s cryptocurrency industry needs a robust policy and regulatory framework if the country wants to compete with other global financial hubs that are targeting one of the fastest growing areas of finance. Such a framework is needed to protect consumers, promote investment, facilitate enhanced market competition and provide a structure where innovation can thrive, the Senate Select Committee on Australia as a Technology and Financial Centre said in a draft 150-page report Australia as a Technology and Financial Centre (ATFC) which has just been released.

The latest edition of our finance and property news digest with a distinctively Australian flavour.

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

Mortgage Rate Hikes Are On The Cards…

Today we look at the latest from New Zealand which is we think a likely leading indicator of what is ahead more widely.

ANZ New Zealand just released a report called More work for the OCR to do. They say, “we have changed our OCR call, adding in 25bp hikes in the April and July Monetary Policy Reviews, in addition to the hikes we were already forecasting at the next four MPSs. This new track sees the OCR reach 2% in August 2022”.

The latest edition of our finance and property news digest with a distinctively Australian flavour.

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.

Central Banks Play For Time As Inflation Bites

In today’s show we look at the inflation debate again, as Central Banks are still talking up the transitory nature of the inflation in the supply chain, and believe it will fall sometime. In this environment, one way for monetary policy makers to thread the needle is to use hawkish rhetoric -– to keep a lid on inflation expectations — while holding back on the actual interest-rate increases that would slow the recovery.

The latest edition of our finance and property news digest with a distinctively Australian flavour.

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

FINAL REMINDER: DFA Live Q&A 8pm Sydney Tonight With Veronica Morgan – Property Now

Join us for a live Q&A as I discuss the latest from the property market with Veronica Morgan, the Founder and Principal of Good Deeds Property Buyers.

We will be discussing the role of Buyers Agent, and some of the tips and traps related to using them, as well as a broader discussion about the property sector.

Veronica is running a survey on Truth, Trust & Transparency in Real Estate. We will discuss this tonight – here is a link to the survey: https://docs.google.com/forms/d/1T4Zbvd7UsRr_fiqJuR34BHp3wFd6sYIQyRr8PiIJAOo/edit

Veronica is also the co-host of the popular series Location Location Location Australia and Relocation Relocation Australia with Bryce Holdaway on Foxtel’s The Lifestyle Channel Australia. Veronica also co-hosts the Your First Home Buyer Guide podcast & The Elephant in the Room property podcast, which investigates who is really in control when you buy property. She’s also co-founded Home Buyer Academy, which provides online support for first home buyers so they can get onto the property ladder without making costly mistakes. https://gooddeeds.com.au/veronica-morgan-good-deeds-team/

You can ask a question live via the YouTube Chat.

What The ETF?

Bitcoin ETF’s are hitting the market but they need to be handled with caution, and represents a further intrusion of “main stream” financial thinking into Cryptoload. We discuss the latest developments, with the help of a recent The Conversation article.

https://theconversation.com/what-is-an-etf-and-why-is-it-driving-bitcoin-back-to-record-high-prices-170095

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

It’s Edwin’s Monday Evening Property Rant!

My latest Monday chat with our Property Insider Edwin Almeida, in which we look at the latest listings numbers, consider the drive for immigration uplifts and explore the criminal underbelly in the property sector. Plus, Edwin’s tip is one for property investors everywhere!

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

https://www.ribbonproperty.com.au/