Digital Finance Analytics (DFA) Blog
"Intelligent Insight"
Christmas is a time when our credit cards get a workout. Data from the RBA shows a significant hike in the number of transactions leading up to the holidays. We marked these in yellow. But it is worth noting that whilst credit limits are rising, revolving balances are not. But card use varies by our … Continue reading “Credit Cards Take A Christmas Hit”
As we continue our series on mortgage stress, using the latest data from our surveys, we look at how stress aligns with our core household and property owning segments. To set the context for this, here are a couple of charts showing the mortgage distribution by income and age bands. The majority of mortgages are … Continue reading “A Segmented View Of Mortgage Stress and Default”
We can spot the best and worst investment property returns across the nation, using updated data from our household surveys. The average GROSS rental return in Australia is 3.9%, the NET rental return (after interest costs, management and repair costs etc, but before tax) is 0.4%. The average net equity held in a investment property … Continue reading “Latest Gross and Net Rental Yields Vary; Wildly”
As we finalise the next edition of the Property Imperative, we turn to the latest survey results, looking at household attitudes to property. The growth in volume of loans may be down a little, but their appetite for property is still strong. Recent auction results also underscore this. Today we compare the cross-segment survey responses, … Continue reading “Demand For Property “Safe As Houses””
Today we commence the first in a new series of posts which examines household wealth, income, property and mortgage footprints. We will look at the latest trends in LVR and LTI; highly relevant given the tightening standards being applied in other countries, including Norway and New Zealand. We will be using data from our rolling … Continue reading “Understanding Household Income, Wealth and Property Footprints”
We have updated the Digital Finance Analytics Mortgage Stress Analysis, to August 2016, using data from our household surveys. Contrary to what might be thought, whilst the ultra-low mortgage rates are easing the finances of some households, mortgage stress still exists, and it’s iron hand is being felt by more than 21% of households. But … Continue reading “Mortgage Stress – It’s All About Granularity”
The results from the just updated Digital Finance Analytics Household Surveys shows that after a few wobbly months, demand for property has strengthened. The latest results supplement those found in the Property Imperative Report, which is still available on request. According to the results, lower interest rates, the removal of the negative gearing “risk”, no … Continue reading “Demand For Property Roars Back To Life”
Robo-Advice, the concept of using computer automation to provide tailored financial advice has been hitting the headlines recently. DFA has researched household demand for these digitally delivered services, and today we share some of the results. By way of background, a robo-advisor is an online wealth management service that provides automated, algorithm-based portfolio management advice … Continue reading “Strong Demand For Robo-Advice May Cannibalise Financial Advisors”
We have updated our savings intentions data, using results from our latest household surveys. Today we outline the main findings from the research. Using the DFA property segmentation, we can compare the relative value of savings across the segments, and compare this distribution with last year. In addition, we expect savings rates to be cut … Continue reading “Household Savings Intentions in 2015”
After I posted the results from the DFA household survey yesterday, I was asked by a number of readers if I could provide a state by state breakdown of the barriers. As the survey runs by post code, it was feasible to do this, and today I post the state results from the latest analysis. … Continue reading “First Time Buyer Barriers By State”