Digital Finance Analytics (DFA) Blog
"Intelligent Insight"
From InvestorDaily. Non-settlement of new supply could be the factor that puts an end to the Australian residential property boom, writes Quay Global Investors’ Chris Bedingfield. Australian house prices. It’s the topic of the week, month, year and decade, and it seems everyone has an opinion. The list of house-price ‘culprits’ is long – negative … Continue reading “Is residential property near a tipping point?”
From The Real Estate Conversation. Far from being the ‘bad guys’, property investors actually keep the Australian economy afloat, according to Propertyology managing director Simon Pressley. Propertyology research found that federal, state and local governments collect about $50 billion in property taxes every year – with property investors paying substantially higher rates than owner occupiers. … Continue reading “Australian economy is ‘stuffed’ without investors”
From Mortgage Professional Australia. First home buyers’ day of reckoning as Sydney and Melbourne prices drop and stamp duty is slashed Property prices fell in Sydney and Melbourne over the month of March, by 1.3% and 1.7% respectively, according to CoreLogic’s Home Value Index. Published yesterday, the Index coincided with an announcement by NSW’s State … Continue reading “Perfect storm for housing affordability”
From The NewDaily. First time home-buyers may have been relieved on Wednesday to see home prices falling by an average 1 per cent across the nation, according to the latest data from CoreLogic. ‘May’ is the operative word. In a nation full of property experts, even relatively inexperienced house hunters know that figure could bounce … Continue reading “The housing market is swinging to over-supply”
From The Australian Financial Review. Any advantages of funding property portfolios with popular interest-only loans are rapidly disappearing as lenders hit the red alert button by raising rates, tighten terms and offer lucrative incentives to pay down debt. Trend-setting big banks are responding to regulatory pressure by hiking rates on the loans, which are used … Continue reading “Protect your property portfolio as rates rise on interest-only loans”
From The New Daily. The planned $6.2 billion bank levy was a good idea on budget night, and two weeks later it looks like an even better one. That’s because of a decision by ratings agency S&P Global to downgrade the outlook for Australian banks. In its latest ‘banking industry country risk analysis’, S&P changed its … Continue reading “The bank levy is suddenly an even better idea”
From The New Daily. Shadow Treasurer Chris Bowen has slammed as “highly objectionable” the Turnbull government’s budget measure to allow young Australians to save for a deposit inside their super funds. In his budget reply speech on Wednesday, Mr Bowen said most of the measures in the government’s “sham” affordability package were “ineffective”, but he took … Continue reading “Bowen pledges to block ScoMo’s main housing measure”
From The New Daily. The ‘bank levy’ that is causing such a political storm in Canberra may not be great policy in itself, but it will still be overwhelmingly good for Australia. To understand why, it’s first necessary to ignore the silver-tongued protests of former Queensland premier Anna Bligh, now head of the Australian Bankers’ … Continue reading “The bank levy’s critics are selling Australia short”
The latest edition of our weekly digest is published today. In the week the big banks copped it in the budget, and investor borrowing momentum is predicted to slow, we look at events over the past seven days. Watch the video, or read the transcript. We start with the main announcements in the Budget. First … Continue reading “The Property Imperative Weekly 12th May 2017”
OK, I am calling it. Looking at the recent data from our household surveys, property investor appetite is indeed on the decline. Here is the trend chart showing responses in recent weeks. There were a couple of wobbles, reflecting the heightened speculation about negative gearing and capital gains changes, but there is now a consistent … Continue reading “Property Investor Appetite IS on the Slide”