Housing Sector Likely To Stall

Reflecting on the ABS data released today, and already covered here, and putting that into context of our household surveys, we think momentum is changing and the housing sector could stall in coming months. Demand for new finance fell 0.8% in May. Whilst refinancing remains quite buoyant, thanks to low rates, investors appear to be … Continue reading “Housing Sector Likely To Stall”

Australia’s New Payment Platform (NPP)

Following on from yesterdays discussion about current consumer payment trends, today we will look at the current status of the New Payments Platform. “The proposed centralised infrastructure and real-time nature of the system, combined with the flexibility of payment messaging, ability to carry additional remittance information and the easy addressing capability, will mean that payments … Continue reading “Australia’s New Payment Platform (NPP)”