Author: Martin North

Martin North is the Principal of Digital Finance Analytics

CPI At 6.9%: Numberwang Strikes Again!

A bunch of stats from the ABS , RBA and APRA. CPI was down a bit but largely due to rebaselining. The Trimmed Mean was unchanged.

Building approvals were down (again) and the latest data on lending shows an easing.

Net net, not enough to shift the RBA very far – 25 basis points next Tuesday is still most likely.

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DFA Live Q&A HD Replay Investing Now With Damien Klassen

This is an edited version of a live discussion about the financial markets with Damien Klassen, Head of Investments at Nucleus Wealth and Walk The World Funds.

We discussed the recent rises in the markets, and whether they are sustainable, policy errors, China, property prices, crypto and investing strategy.

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

FINAL REMINDER: DFA Live 8pm Sydney Tonight: Investing Now With Damien Klassen

Join me for a live discussion about the financial markets with Damien Klassen, Head of Investments at Nucleus Wealth and Walk The World Funds.

You can ask a question live!

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

The RBA Says They Helped Create The Inflation Problem…

More from the Senate as they probed the RBA Governor, this time the discussion related to the cause of inflation. Governor Lowe conceded they had stoked inflation by monetary stimulus and low rates (and over did it). But then tried to defend the decision.

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

No Real Wages Growth For You, Or You…

More from the Senate quizzing RBA Governor Lowe. He explains why wages “must” be contained and the focus is on nominal not real wages.

He also explains why the RBA is forecasting lower inflation – eventually.

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

The RBA Says Sorry… Sort Of!

RBA Governor Lowe was quizzed by Senate Estimates yesterday and conceded that the repeated statements of no interest rate rise until 2024 may have mislead some people. This was important, though the apology which followed was not a real one.

Worth reflecting on this when Lowe is due to end his current term, and possibly be considered for another.

This is a short, where Lowe is quizzed by Senator McKim. See 3.50 for the specific question and half apology!

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

The Front Line In The War On Cash…

I discuss the latest developments on the war on cash with Robbie Barwick from the Citizens Party. In the final sitting week, it’s time to give the politicians a final serve in the interests of the people!

Call Minister Stephen Jones and Labor Senators today to protest capitulation to the banks!

Message:

I’m calling to object to Labor’s capitulation to the banks!
Labor must stand up to the banks by doing two things this week:

  1. Pass the banking reform laws as planned, including civil penalties for executives to hold bankers accountable;
  2. Support the push for a Senate Rural and Regional Affairs and Transport Committee inquiry into the regional banking crisis, including the government post office bank alternative.

Minister for Financial Services Stephen Jones: (02) 6277 7230 Stephen.Jones.MP@aph.gov.au

Click here to find the contact details of the Labor Senators from your state. https://cec.enudgemail.com.au/securl.php?nudge=y1052zpr1128&link=12460&email=robbie@citizensparty.org.au

Choice campaign webpage: https://action.choice.com.au/page/118203/action/1

Coalition banking inquiry blamed for mass branch closures
https://independentaustralia.net/politics/politics-display/coalition-banking-inquiry-blamed-for-mass-branch-closures,17015

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