Digital Finance Analytics (DFA) Blog
"Intelligent Insight"
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)”
The latest report, volume 7 of the SME Report series was released today. As well as over-viewing current industry trends, this time we focus on sectoral rotation, with SME’s in the construction industry feeling more confident, whilst other sectors remain patchy. We do not see a significant rise in demand for credit anytime soon. JPM … Continue reading “Latest DFA/JP Morgan SME Report Launched Today”
The RBA have kept rates on hold today, and are indicating a period of rate stability. “Monetary policy remains accommodative. Interest rates are very low and for some borrowers have edged lower over recent months. Savers continue to look for higher returns in response to low rates on safe instruments. Credit growth has picked up … Continue reading “RBA Holds Rates Again At 2.5%”
The ABS released the building approvals data for April 2014. They report that the trend estimate for total dwellings approved fell 1.6% in April and has fallen for four months. The seasonally adjusted estimate for total dwellings approved fell 5.6% in April and has fallen for three months. Looking at private sector houses, whilst the … Continue reading “April Building Approvals Down – ABS”
Once in a while an insight will change the world. In this months Bank of England’s Quarterly Bulletin (2014 Q1), there is an article on money creation, and an primer on money. Actually these were pre-released on 12 March, and both are worth a read. In the primer on money, we are reminded that it … Continue reading “Turning Banking Economics On It’s Head”