Digital Finance Analytics (DFA) Blog
"Intelligent Insight"
According to a recent ASIC survey, about half of Australians are NOT confident they are getting the best deal when making important financial decisions. They found that: 57% of population with credit card (7,112,000) are NOT confident that they are getting the best deal on their credit cards 45% of population with a mortgage (3,609,000) … Continue reading “Half Of Households Not Confident They Get Best Financal Deals – ASIC”
A quick look at the very gloomy New Zealand Household Confidence Index. The News From New Zealand is getting worse and worse (such that next years election result will now be really interesting). The latest is from the Westpac Mcdermott Miller Consumer Confidence survey results released this week. Confidence among New Zealand households has plummeted, … Continue reading “Kiwi’s Vote With Their Wallet…”
The RBA lifted rates by more than some were expecting., and are predicting higher inflation ahead. With a cash rate 25 basis points higher, how will this play out in the context of the election and also household confidence levels? Go to the Walk The World Universe at https://walktheworld.com.au/
Josh Frydenberg’s March 29 budget — his fourth as Treasurer — is expected to reveal a big deficit for 2022-23. In December, it was estimated it would be just under $99 billion, but the updated figure is expected to have tumbled by tens of billions of dollars. That said, we still have a structural deficit … Continue reading “My Two Cents Worth On The Upcoming Budget!”
The latest edition of our weekly finance and property news digest with a distinctively Australian flavour. Contents: 00:24 Introduction 1:23 US China Trade Talks 3:04 US Markets 6:15 China 7:50 Australian Section 7:55 RBA on Monetary Policy 10:50 Household Confidence 11:10 Lending 11:40 REA 14:50 High Rise Construction 15:30 Property Market 16:20 Auctions 16:50 Bank … Continue reading “The Roller Coaster Ride Continues – The Property Imperative Weekly 09 Nov 2019 [Podcast]”
The latest edition of our weekly finance and property news digest with a distinctively Australian flavour. Contents: 00:24 Introduction 1:23 US China Trade Talks 3:04 US Markets 6:15 China 7:50 Australian Section 7:55 RBA on Monetary Policy 10:50 Household Confidence 11:10 Lending 11:40 REA 14:50 High Rise Construction 15:30 Property Market 16:20 Auctions 16:50 Bank … Continue reading “The Roller Coaster Ride Continues – The Property Imperative Weekly 09 Nov 2019”
We have updated our scenarios to take account of potential RBA rate cuts later in the year, revised mortgage stress and household confidence data and other factors. We also updated our probability allocation. Here is a summary. Our central scenario is one of home price fall, peak to trough, of up to 30%. A deeper … Continue reading “DFA Updates Scenarios”
Following the surprise result from the US election, I have had several people ask me about my views on the impact on the Australian property market and banking system. My advice – with acknowledgement to Douglas Adams – is “Don’t Panic”. We think both will hold up well. The financial markets in Europe and US … Continue reading “How Will The “Trump Effect” Impact Property In Australia?”
The latest Statement of Monetary Policy, released today, continues to tell the now well rehearsed story. Resources down, China under pressure, local growth slowish, and transitioning from mining, sort of working, whilst home lending continues to grow at above 7% annually. But they kick around two interesting issues. First, why is the unemployment rate so … Continue reading “RBA’s Latest Statement Raises Two Interesting Questions”
Following on from yesterdays video blog on the overall results from the latest household surveys, over the next few days, we will dig further into the data. We start with some cross segment observations, before in later posts, we begin to go deeper into segment specific motivations. You can read about our segmentation approach here. … Continue reading “DFA Survey Shows Property Demand Remains Strong”