Digital Finance Analytics (DFA) Blog
"Intelligent Insight"
We know that first time buyers are sitting on the sidelines, as shown in our recent surveys. The biggest barrier is price. Many are desperate to enter the market and would jump at any additional incentive. No surprise then to see proposals popping up from time to time to try and assist first time buyers. … Continue reading “Why Enticing First Time Buyers With Super Is A Bad Idea”
Reflecting on the ABS data released today, and already covered here, and putting that into context of our household surveys, we think momentum is changing and the housing sector could stall in coming months. Demand for new finance fell 0.8% in May. Whilst refinancing remains quite buoyant, thanks to low rates, investors appear to be … Continue reading “Housing Sector Likely To Stall”
We continue updating our findings from our household surveys. Today we look at households who desire to enter the market. We highlighted yesterday that there are more people excluded from the market, but what of those who would like to buy? We start with a summary of households by type. This is the national picture, … Continue reading “Latest First Time Buyer Intentions”
You may recall that I often say, there is not one property market but many micro markets that behave in quite different ways. But at the capital city level, Melbourne appears to be in some strife in terms of price falls at the moment. Overall, it certainly looks like the combined impact of state policy, … Continue reading “Is Melbourne The Property Problem Child?”
You may recall that I often say, there is not one property market but many micro markets that behave in quite different ways. But at the capital city level, Melbourne appears to be in some strife in terms of price falls at the moment. Overall, it certainly looks like the combined impact of state policy, … Continue reading “Is Melbourne The Property Problem Child?”
Domain has released its Rental Report for March, which delivered more bad news for tenants, on top of the data I released recently which showed three quarters of those renting already have cash-flow issues. Younger families and first-generation Australians are being hit really hard, but as I discussed in my live show, other household categories … Continue reading “Tenants Caught In The Python-Like Property Squeeze Have To Pay More!”
Domain has released its Rental Report for March, which delivered more bad news for tenants, on top of the data I released recently which showed three quarters of those renting already have cash-flow issues. Younger families and first-generation Australians are being hit really hard, but as I discussed in my live show, other household categories … Continue reading “Tenants Caught In The Python-Like Property Squeeze Have To Pay More!”
At its meeting today, the Board decided to lower the cash rate by 25 basis points to 0.50 per cent. The Board took this decision to support the economy as it responds to the global coronavirus outbreak. We suspect some banks will have difficulty in passing that cut through to mortgage holders, given the lower bounds problem. Westpac … Continue reading “RBA Cuts, As Expected”
It is too soon to know for sure how the current virus event will play out. Reading the various informed and ill-informed views has been interesting, with some playing it down to a mere scratch on the global economy, while others are playing it up as a potential catastrophe. And social media it seems has … Continue reading “Covid-19 Scenarios”
Global macroeconomic challenges are likely to increase pressure on the short-term earnings prospects of investment-grade banks in the Asia-Pacific, Fitch Ratings says in a new report. The report addresses the main questions asked by US and Canada-based investors during a recent tour by Fitch analysts to discuss mainly investment-grade rated banking systems, with particular focus … Continue reading “Weaker Environment Exacerbates Challenges for APAC Banks”