Digital Finance Analytics (DFA) Blog
"Intelligent Insight"
This is an edited version of my recent live discussion with Investment Manager Tony Locantro from Alto Capital in Perth as we reflect on the year that was, and what is coming in 2023. Plenty more Locantro Bingo…
We fixed up the audio glitch which was on the live version https://youtu.be/9E4XqabXhzM
Go to the Walk The World Universe at https://walktheworld.com.au/
We are now in the end game of a massive experiment, which is clearly failing. That experiment, cooked up by central banks, and with support from Government meant that interest rates and mortgage rates dropped, lending criteria loosened, and home prices shot up dramatically. The final phase of the up was through COVID when quantitative easing again drove debt higher, whilst luring households into a false sense of security – remember not rate rises til 2024?
But now, it’s all coming unglued as rates are rising, and the debt burden is becoming overbearing. Take Canada for example – based on a recent EBC report. They say that sky-rocketing home prices earlier in the pandemic raised the bar by several notches for Canadian buyers. But the spike in interest rates since March served a crushing blow in parts of the country.
http://www.martinnorth.com/
Go to the Walk The World Universe at https://walktheworld.com.au/
Today’s post is brought to you by Ribbon Property Consultants.
People are leaving NSW for other states, driven by the failure of housing and planning policy and ultra-lose lending. The consequences are significant in terms of younger households exiting, while the burden of providing adequate support for older Australians is rising fast.
This mess will create massive problems in the years ahead.
http://www.martinnorth.com/
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.
A replay of an investment podcast as Nucleus Wealth’s Chief Investment Officer Damien Klassen and Senior Financial Adviser Samuel Kerr, with guest Martin North of @WalkTheWorldDFA, as they discuss property rate cut that nobody noticed.
Agenda:
● The percentage of GDP that this year’s rake hikes have consumed
● Discount rates on standard variable rates
● Fake standard variable rates?
Find us on social media:
https://twitter.com/NucleusWealth
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Nucleus Wealth is an Australian Investment & Superannuation fund that can help you reach your financial goals through transparent, low-cost, ethically tailored portfolios. To find out more head to https://nucleuswealth.com/
The information on this podcast contains general information and does not take into account your personal objectives, financial situation or needs. Past performance is not an indication of future performance. Damien Klassen is an authorised representative of Nucleus Wealth Management. Nucleus Wealth is a business name of Nucleus Wealth Management Pty Ltd (ABN 54 614 386 266 ) and is a Corporate Authorised Representative of Nucleus Advice Pty Ltd – AFSL 515796
This is an edited version of a live discussion with Cameron who recently republished his book from 2017 Game of Mates: How favours bleed the nation as Rigged “How Networks Of Powerful Mates Rip Off Everyday Australians”.
This book will open your eyes to how Australia really works. It’s not good news, but you need to know it.’ – Ross Gittins
‘You’ll be shocked at how far the Mates have their hand in your pocket.’ – Nicholas Gruen
Australia has become one of the most unequal societies in the Western world, when just a generation ago it was one of the most equal. This is the story of how networks of Mates have come to dominate business and government, robbing ordinary Australians.
Every hour you work, thirty minutes of it goes to line the Mates’ pockets rather than your own. Mates in big corporations, industry groups, government departments, the halls of parliament and the media skew the system to suit each other. Corporations dodge taxes, so you pay more. You pay more for your house and higher interest rates on your mortgage, more for your medicines and transport, and more for your children’s education and insurance, because the Mates take a cut.
Rigged uncovers the pattern of political favours, grey gifts and information-sharing that has been allowed to build up over two decades. Drawing on extensive economic research, it exposes the Game of Mates as nothing less than cronyism on a grand scale across Australia and how we have fallen behind other countries in combating it.
https://www.bigw.com.au/product/rigged-by-cameron-murray-and-paul-frijters/p/235646
We also discuss housing policy and economics in general.
Dr Cameron K. Murray is a Research Fellow in the Henry Halloran Trust at the University of Sydney and an economist specialising in property and urban development, environmental economics, rent-seeking and corruption. Professor Paul Frijters teaches at the London School of Economics and was previously Professor of Health Economics at the University of Queensland.
http://www.martinnorth.com/
Go to the Walk The World Universe at https://walktheworld.com.au/
With the latest rises in rates of 3% flowing through to the markets, we look at the impact, now and ahead with Steve Mickenbecker from Canstar.
CONTENTS
0:00 Start
0:53 Housing Shortages and Stress
11:40 Interest Rates Moves
20:00 Fixed Rate Cliff Ahead
25:30 Credit Card Issuing Up
34:00 Refinancing Risks
40:30 Deposits
49:00 Financial Homework For The Holidays
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.
https://www.canstar.com.au/team-members/steve-mickenbecker/
Go to the Walk The World Universe at https://walktheworld.com.au/
This is an edited version of my latest live discussion about the latest from models and post code analysis.
CONTENTS
0:00 Start
0:17 Introduction
3:10 Economics and RBA Data
18:01 DFA Stress Analysis
29:44 Mapping
39:09 Scenarios
40:00 Post Code Analysis (Q&A)
1:21:00 Getting Debt Advice Help
1:24:00 Summary And Close
Original show with chat here: https://youtu.be/YANetUOBHrg
Go to the Walk The World Universe at https://walktheworld.com.au/
Join me for a live discussion about the latest from our models. We will have the post code engine online.
You can ask a question live!
Go to the Walk The World Universe at https://walktheworld.com.au/
More from our Property Insider Edwin Almeida, as we discuss the latest from the markets, numbers and the outlook ahead.
Go to the Walk The World Universe at https://walktheworld.com.au/
Another outing thanks to Cookie’s research on property price falls on the portals, plus my own analysis based on DFA stress, this time looking at the falls across the Illawarra.
Whilst not statistically significant necessarily, it does reinforce the down trends. Thanks again to Cookie.
Go to the Walk The World Universe at https://walktheworld.com.au/