Digital Finance Analytics (DFA) Blog
"Intelligent Insight"
This time, in our occasional series where we feature Australian Fintechs, we caught up with Anthony Baum, Founder & CEO of Tic:Toc. Whilst there are any number of players in the market who may claim they have an online application process for home loans, the truth is, under the hood, there are still many manual … Continue reading “Fintech Spotlight – Tic:Toc:The 22 Minute Home Loan”
Interesting consultation from the Treasury of the impact of digital migration of consumer bills, and the emerging trend to charge for a paper version, which may adversely be impacting those unable or unwilling to go digital. They suggest 1.2 million households are digitally excluded. NBN Co forecasts that 94 per cent of households will have … Continue reading “Should You Pay For A Paper Bill?”
A really mixed bag of news this week, with stronger business and employment data, lower mortgage defaults and yet weak wage growth, and more evidence of the pressure on households. We pick over the coals and try to make sense of what’s going on. Welcome to the Property Imperative Weekly to 18 November 2017. Watch … Continue reading “Walking The Tightrope – The Property Imperative Weekly 18 Nov 2017”
In our latest weekly update, we explore how that RBA is caught between stronger global economic indicators, and weaker local conditions, and what this means for local households, the property market and banks. Welcome to the Property Imperative weekly to 11th November 2017. Read the transcript or watch the video. We start this weeks’ digest … Continue reading “Another Nice Mess – The Property Imperative Weekly – 11 Nov 2017”
Our friends at Mozo have written a highly relevant blog post for DFA on the impact of the APRA changes. No wonder, some households are under pressure! And thanks to Mozo for their insights! There’s been a reasonable amount of ups and downs in home loan interest rates over the last 12 months, especially considering … Continue reading “What happened to home loan rates a year on from APRA’s changes”
Another massive week of finance and property news, much of it centred on households and their finances, as the regulators home in on the risks in the mortgage market. But is it too little too late? Welcome to the Property Imperative weekly to the 14th October 2017. Watch the video, or read the transcript. We … Continue reading “Too Little Too Late? – The Property Imperative Weekly 14th October 2017”
The latest 62 page edition of the RBA Financial Stability Review has been released, and it continues their line “of some risks, but no worries”. International economic conditions, and business confidence are, they say, on the improve while Australian household balance sheets and the housing market remain a core area of interest. The potential impact … Continue reading “RBA Financial Stability – Move Along, Nothing To See Here….”
The September update of the Digital Finance Analytics Household Finance Security Index, released today, underscores the growing gap between employment, which remains relatively strong, and the Financial Security of households. We discussed this recently on ABC The Business. The Index fell from 98.6 in August to 97.5 in September. This is below the 100 neutral … Continue reading “The Growing Gap Between Employment And Financial Security”
From The New Daily. Prime Minister Malcolm Turnbull has blamed low wage growth for the worst monthly drop in consumer spending since 2010. Retail turnover in August declined for a second month in a row, according to official data released on Thursday, with the -0.6 per cent drop in trade the worst monthly performance in more than four years … Continue reading “Even the PM is warning of low wage growth”
From The Conversation. After their customary two-day meeting, the Fed announced that they were holding interest rates at their current level, but would begin unwinding the massive bond-buying program they instituted in the wake of the financial crisis. The Fed’s statement said: In October, the Committee will initiate the balance sheet normalization program described … Continue reading “Don’t count your economic chickens before they hatch”