Digital Finance Analytics (DFA) Blog
"Intelligent Insight"
Dale Webster has been highlighting the significance of rising online fraud in the context of bank branch closures, and we discuss her recent submission to the current inquiry. Poor mobile coverage in the bush makes two factor identification laughable, and yet banks are paying tellers to push them online.
The latest edition of our finance and property news digest with a distinctively Australian flavour.
http://www.martinnorth.com/
Go to the Walk The World Universe at https://walktheworld.com.au/
This is a quick walk around some of my local walks, on a brilliant spring day, with the dogs in tow. We enjoy views of the City of Bath, birdsong, meeting other dogs, and a bit of poetry from Percy Shelly! The route starts quite close to DFA Central… and follows part of the Bath Skyline walk.
https://www.nationaltrust.org.uk/visit/bath-bristol/bath-skyline
Hope this helps to answer the calls from my followers for some examples of the local country scene!
The RBA Review has been released, and I discuss the recommendations with Robbie Barwick from The Citizens Party, which will removed important powers from Government and reaffirms the neoliberal philosophy which has undermined our economy for years.
The final week for submissions to the Regional Banking Inquiry also offers an important opportunity to make the case for a National Postal Bank, as an antidote to the banking drive to control our lives.
https://citizensparty.org.au/media-releases/64-more-towns-nabs-regional-bank-firing-line
http://www.martinnorth.com/
Go to the Walk The World Universe at https://walktheworld.com.au/
The RBA Minutes certainly took the wind out of the sails of those expecting a rate cut anytime soon. More hikes are being signalled, and in fact Morgan Stanley flagged that the markets had got ahead of themselves.
The 30 Day Implied rates are also moving higher. So those being influenced by the spruikers saying now is good buying should be cautious. Things are more complex.
http://www.martinnorth.com/
Go to the Walk The World Universe at https://walktheworld.com.au/
Our latest discussion with Edwin Alemida, our property insider. Who are you going to believe about what is happening in the property market?
http://www.martinnorth.com/
Go to the Walk The World Universe at https://walktheworld.com.au/
Last week the Bank of England Governor raised the prospect of changes to the Deposit Insurance schemes which exists in many Western Economies. So we look at what he said, and consider the relative security of deposits in the banking system, in the light of recent failures, and Central Bank interventions.
For more on Deposit Bail-In see my recent posts here:
Is Deposit Bail-In A Thing In Australia? https://youtu.be/B8OC2izjKuA
Deposit Bail-In: Who’s Fact-checking The Fact-checkers? With Robbie Barwick https://youtu.be/CAXprMwMnyY
The Deposit Bail In Question… https://youtu.be/n8t-78n1Lrs
http://www.martinnorth.com/
Go to the Walk The World Universe at https://walktheworld.com.au/
I had so many requests for more news about Luna and Meteor, so here is a bonus show, as they play in their new Bath home.
http://www.martinnorth.com/
Go to the Walk The World Universe at https://walktheworld.com.au/
In this show I discuss the rationale for my relocating to Bath in the UK, answer some of the questions I have received from followers, and also outline some of my future plans for programming.
http://www.martinnorth.com/
Go to the Walk The World Universe at https://walktheworld.com.au/
Many property investors are choosing to leave the field, leading to a rise in the number of ex-investment property being listed for sale. There are many reasons why this is occurring, and we explore some of them today.
But in short, the marginal costs of borrowing on a rental mortgage have risen far faster than the rental income. And given the limited prospects of capital gains, and the removal of some offsetting perks from a tax perspective, investors are exercising their rights to quit. Another reason why rental supply is so limited, and a sign again of how broken the system is.
http://www.martinnorth.com/
Go to the Walk The World Universe at https://walktheworld.com.au/
Concurrent with the current Regional Branch Inquiry, APRA has announced a review of its Points Of Presence Data. This is welcome, because the current data contains many inaccuracies, and we need good data to ensure adequate transparency in terms of access to banking services.
https://www.apra.gov.au/discussion-paper-adi-points-of-presence-review
You can make a submission to this review.
http://www.martinnorth.com/
Go to the Walk The World Universe at https://walktheworld.com.au/