Webinar: COVID-19 & Real Estate: Time to Buy, Sell, or Do Nothing?

Financial education company, SkilledSmart are running a seminar tomorrow night, and I am taking part along with Peter Koulizos the Program Director of the Master of Property at the University of Adelaide.

Follow the link to register.

Date: 28 August, 2020
Time: 6.00PM AEST
Cost: FREE
Replay: available for 24 hours

Which Bank Won’t Be Bailed-In?

Robbie Barwick and I discuss the latest on Deposit Bail-In and the progress towards creating a National Investment Bank.

Senate Economics Legislation Committee’s report on Banking Amendment (Deposits) Bill 2020
https://www.aph.gov.au/Parliamentary_Business/Committees/Senate/Economics/BankingDeposits/Report

Post-coronavirus deposits are safe with the banks, and debt for property is not a huge risk, say regulators, by Nassim Khadem
https://www.abc.net.au/news/2020-08-26/senate-inquiry-bail-in-bank-deposits-rba-household-debt-covid19/12594380

Senate committee backs APRA, Treasury on depositor protection, by James Eyres
https://www.afr.com/companies/financial-services/senate-committee-backs-apra-treasury-on-depositor-protection-20200825-p55p33

Petition: For national survival, Australia needs a national bank—now!
https://citizensparty.org.au/national-bank-petition

Webinar – Campaign for a National Infrastructure Bank – Democratic National Convention
https://youtu.be/tz2aUR-L4v4

Per Capita/CEPU discussion paper – “Postbank: Filling a Void, Securing Essential Services”
https://percapita.org.au/wp-content/uploads/2020/07/Australia-PostBank_FINAL2.pdf

Watch For The Signs – With Robert Kiyosaki

I catch up with Author and Businessman Robert Kiyosaki ahead of the final live show in the current series that Harry Dent, Robert and I will be participating in this coming Sunday 30th August 2020, details at www.summitlivestream.com.

Note DFA has no commercial relationship with Harry, Robert or the organisers of this event, and we do not endorse the content or speakers. However, we will be presenting material on our latest research during the session.

Final Reminder: DFA Live 20:00 Sydney Tonight – Joe Wilkes Trans-Tasman Property

Join Joe Wilkes and I for a live discussion tonight, where we will compare and contrast the property markets in Australia and New Zealand – and discuss Central Bank strategy either side of the ditch.

You can ask a question real-time via the YouTube live chat.

Auction Results 22 Aug 2020

Domain released their preliminary results for today. They say that “From Thursday July 9 the Victorian government placed a ban on public real estate auctions as part of social distancing measures to slow the spread of COVID-19. The number of auctions withdrawn in the immediate weeks following the ban are likely to be higher than normal”.

Canberra listed 41 auctions, reported 37 with 31 sold, 1 withdrawn and 6 passed in to give a Domain clearance of 82%.

Brisbane listed 44 auctions, reported 31 with 18 sold, 5 withdrawn and 13 passed in to give a Domain clearance of 50%.

Adelaide listed 30 auctions, reported 1, with 9 sold, 5 withdrawn and 6 passed in to give a Domain clearance of 45%.