Digital Finance Analytics (DFA) Blog
"Intelligent Insight"
The Reserve Bank of NZ lifted the cash rate another 0.5% to tackle inflation – and is taking a different tack to the RBA, where home prices are falling faster. Expect high rates and more falls ahead, in both countries.
Go to the Walk The World Universe at https://walktheworld.com.au/
Join me for a live discussion about the current state of the property market, and household financial stress in the light of the RBA’s 25 basis point hike. We will have our post code engine on line.
You can ask a question live.
Links to upcoming events:
Petition Branch Closures: https://www.aph.gov.au/e-petitions/petition/EN4244 (ends 6th October)
Meet the Managers Forum Wednesday 19/10/22 6:30-8pm:
https://www.eventbrite.com/e/meet-the-managers-tickets-410294761677?aff=wtw to register.
World Renegade Summit: https://gokogroup.com/mne 9th October 2022
Go to the Walk The World Universe at https://walktheworld.com.au/
A further update on the Gold Coast, thanks to Cookie, as we see prices fall further. And note, there is no Edwin Rant this week, as he is unwell.
Go to the Walk The World Universe at https://walktheworld.com.au/
More analysis of recent price cuts from the real estate portals, courtesy of Cookie, this time looking at the Northern Beaches in NSW. Prices are falling, and many households are in a pickle!
My latest Friday afternoon yarn with Journalist Tarric Brooker (@AvidCommentator on Twitter). We look at the latest ructions in the markets and ask what is going to happen next – what is below the waterline, with the help if Tarrric’s slides. Copies of the slides can be found at: https://avidcom.substack.com/p/charts-that-matter-30th-september
Go to the Walk The World Universe at https://walktheworld.com.au/
A quick on the road update from our Property Insider, who reports on mortgagee in possession sales – emanating from the small business and property investor sectors.
Go to the Walk The World Universe at https://walktheworld.com.au/
This is an edited version of a live discussion about the current state of the markets with Head of Investments for Walk The World Funds and Nucleus Wealth, Damien Klassen.
You can register for the “Meet the Managers Forum” scheduled in Melbourne on Wednesday 19/10/22 6:30-8pm: https://www.eventbrite.com/e/meet-the-managers-tickets-410294761677?aff=wtw .
We discussed this strategic session during the show, as well as the current macro issues and answered questions.
Go to the Walk The World Universe at https://walktheworld.com.au/
My latest discussion with our property insider Edwin Almeida.
https://www.ribbonproperty.com.au/
From the We-chat chatters to the latest numbers and market commentary, we pick apart the property market. And Edwin lets us into more secrets of the Auctioneer.
Go to the Walk The World Universe at https://walktheworld.com.au/
Another outing, thanks to Cookie, looking at recent property price reductions, and cross correlating these with data from my core market models. It is clear that property prices are on the turn in the last hold-out state now, and we know that mortgage stress is higher in the Northern half of the Apple Isle.
Go to the Walk The World Universe at https://walktheworld.com.au/
Australian households are among the most indebted in the world and the interest rate increases by the Reserve Bank will generate a big potential problem” for many people and the wider economy.
We have a big potential problem courtesy of the way we have run our housing system, for not just the last decade but for the last at least three decades.
Our housing system is only weakly governed by real housing policy objectives, that is, ensuring everyone can own or rent a decent affordable home. Instead, it is governed by objectives of wealth creation, and sometimes by concerns about financial system stability.”
Macro-economic issues like the rising cost of living, inflation and economic pressures are influencing trends in first-party fraud, with almost one in five (19 per cent) Australians believing it’s okay to tell a “white lie” and report having less debt than they actually have in a financial service or loan application.
The implications for financial stability as rates rise are potentially significant!
Go to the Walk The World Universe at https://walktheworld.com.au/