Digital Finance Analytics (DFA) Blog
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According to the AFR, Australia’s red-hot jobs market is preventing the country’s most indebted borrowers from falling behind on their home loan, as internal Reserve Bank research reveals nearly one in five borrowers may be in mortgage stress. While unemployment nationally was 3.7 per cent in August, unemployment among homeowners was likely “almost non-existent”. But … Continue reading “The Mortgage Stress Default Disconnect”
According to the AFR, Australia’s red-hot jobs market is preventing the country’s most indebted borrowers from falling behind on their home loan, as internal Reserve Bank research reveals nearly one in five borrowers may be in mortgage stress. While unemployment nationally was 3.7 per cent in August, unemployment among homeowners was likely “almost non-existent”. But … Continue reading “The Mortgage Stress Default Disconnect”
Introduction The latest edition of the DFA Household surveys (a 0.5% sample across Australia), reveals the creeping mortgage and rental stress which is continuing to reach new highs. We measure stress in cash flow terms – money in and money out, and where there is a deficit, households are identified as “stressed”. Often households will … Continue reading “A Deeper Dive On Mortgage Stress”
This is a summary of the latest from our surveys, as we track rising financial stress across the country. ASIC’s MoneySmart has some useful tool: https://moneysmart.gov.au/The National Debt Help Line: https://ndh.org.au/ http://www.martinnorth.com/ Go to the Walk The World Universe at https://walktheworld.com.au/
This is a summary of the latest from our surveys, as we track rising financial stress across the country. ASIC’s MoneySmart has some useful tool: https://moneysmart.gov.au/The National Debt Help Line: https://ndh.org.au/ http://www.martinnorth.com/ Go to the Walk The World Universe at https://walktheworld.com.au/
The latest results from our surveys and modelling to end March 2023 reveals that more financial stress is piling on households, thanks to higher rates, bigger loans, and rising costs of living. Income growth is not keeping pace. So in this show we walk through the results, by post code. And we also make some … Continue reading “Mortgage Stress Continues To Grind Higher In March…”
More analysts are now talking about mortgage stress. How ever you define the concept (we prefer cash flow metrics) things are getting worse. So ahead of our next batch of updates on Tuesday, we look at what some other analysts are saying. Perhaps, better late than never they are now understanding things I have been … Continue reading “The Mortgage Stress Traffic Accident Is Coming Into View!”
More analysts are now talking about mortgage stress. How ever you define the concept (we prefer cash flow metrics) things are getting worse. So ahead of our next batch of updates on Tuesday, we look at what some other analysts are saying. Perhaps, better late than never they are now understanding things I have been … Continue reading “The Mortgage Stress Traffic Accident Is Coming Into View!”
In our final update of the year, we incorporate the latest from our surveys as we assess the impact higher interest rates are having on households across the country, based on our rolling 52,000 omnibus survey. And the news is not good, in that both mortgage stress and rental stress – defined in terms of … Continue reading “Mortgage Stress Update November 2022”
This is a deep dive into our latest stress analysis, and also detailed mapping across all states and territories. Go to the Walk The World Universe at https://walktheworld.com.au/