Digital Finance Analytics (DFA) Blog
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The latest results from our household surveys revealed that household financial confidence recovered just a little in recent weeks, but is still in ultra-low territory and well below the neutral 100 measure, at 81.4. So far, the impact of virus concerns have not translated into households finances, whereas the bushfires, floods and other local events … Continue reading “Household Financial Confidence Finds A Floor”
DFA is releasing the latest in our 52,000 household survey series examining household financial confidence. The score to mid January is an all-time low of 81.2, well below the neutral setting and the previous low back in 2015. A series of events, including the bushfires and the perceived weakness in the Federal Government response, the … Continue reading “Household Financial Confidence Crashes”
Australians saved rather than spent most of the budget tax cuts, almost doubling the proportion of household income saved, leaving spending languishing. Via The Conversation. The September quarter national accounts show that in the first three months of the financial year real household spending grew by just 0.1%, the least since the global financial crisis. … Continue reading “GDP update: spending dips and saving soars”
We continue to release the data from our household surveys to end November 2019. Today we look at our Household Financial Confidence Index, which examines how households are feeling about their financial status, relative to a year ago. The index dropped again to 83.5, which is a new low in the series, and well below … Continue reading “Household Financial Confidence Slides [Again]”
The bad news keeps coming, with the latest DFA Household Financial Confidence Index for October at the lowest ever of 83.7. This continues the trends of recent months, since dropping through the neutral 100 score in June 2017. The falls were widespread across our property segments, with investors still way down, under the pressure from … Continue reading “Household Financial Confidence Erodes Some More”
In our latest release to September 2019, the DFA Household Financial Confidence Index fell again, having move sideways more recently. In essence households are simply reflecting that rate cuts, a lower dollar and the international bad news from Trump’s Trade Wars, Brexit and Hong Kong are all making them more concerned, and less willing or … Continue reading “Household Financial Confidence Crushed Some More”
The latest edition of our weekly finance and property news digest with a distinctively Australian flavour. Contents: 1:14 US 2:38 Powell In Switzerland 9:15 US Markets 14:00 Europe 16:49 China 18:32 Australia 19:09 Retail 19:55 DFA FCI 20:45 Trade 21:00 RBA Monetary Policy 22:08 GDP 25:00 DFA and the media 29:00 Property prices and auctions … Continue reading “Risk On, Risk Off … The Property Imperative Weekly 7th September 2019 [Podcast]”
The latest edition of our weekly finance and property news digest with a distinctively Australian flavour.
Digital Finance Analytics has released the latest in our series of the Household Financial Confidence Index to end of August 2019. The reading this month was just a little higher at 85.45 (85.43 last month), but still well below the 87.69 back in 2015, which was the previous low, and significantly below the neutral setting. … Continue reading “Household Financial Confidence Firms A Tad”
We are releasing the latest edition of our household financial confidence index today. This is an extract from our 52,000 rolling household surveys, were we ask about their level of confidence, compared with a year back. Any post election bounce is well past, as the two interest rate cuts are seen as a negative, first … Continue reading “Household Financial Confidence Slides Some More In July”