Digital Finance Analytics (DFA) Blog
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Welcome to our latest summary of finance and property news to the 26th May 2018 with a distinctively Australian flavour. Watch the video, listen to the podcast, or read the transcript. scrollings=”no” I had a number of interesting discussions with people who follow our analysis of the property market this past week. One … Continue reading “The Crunch Is Nearer Now – The Property Imperative Weekly 26 May 2018”
The finance sector unmentionable hits the proverbial fan. Welcome to the Property Imperative Weekly to 21st April 2018. We start this week’s review of the latest finance and property news with the latest from the Royal Commission into Financial Services Misconduct. After the shameful disclosures relating to poor lending practices, bad advice, misaligned incentives and … Continue reading “The Property Imperative Weekly – 21 April 2018”
In a statement issued today, Treasurer Scott Morrison said the reform will represent the “most significant increases in maximum civil penalties in twenty years”. These increases are right, as before the financial impact of poor behaviour was very low However, do not be misled, changing penalties will not address the fundamental cultural, structural and economic … Continue reading “ASIC Penalties To Be Increased”
From The Conversation. If you are a politician, what do you do when your bad judgement – or worse – has been dramatically called out for all to see? That’s the question which has faced the government as appalling behaviour by the Commonwealth Bank, AMP and Westpac has been revealed this week at the royal … Continue reading “Government’s misjudgement on banking royal commission comes back to bite it”
Today we run through some of the latest charts contained in the RBA’s Monthly Chart Pack, released in early April 2018. Our first chart is of the headline inflation in advanced economies, where we see that inflation is still sitting below the typical target band of 2-3% in the USA, Euro Area and Japan. However, … Continue reading “Tales From The RBA Chart Pack – April 2018”
From The Conversation. Australia should cut its immigration intake, according to Tony Abbott in a recent speech at the Sydney Institute. Abbott explicitly cites economic theory in his arguments: “It’s a basic law of economics that increasing the supply of labour depresses wages; and that increasing demand for housing boosts price.” But this economic analysis … Continue reading “Immigration, Unemployment, Wages and House Prices”
From The Adviser. Following an article in The Adviser highlighting a ‘major flaw’ in the online form for the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry, the commission has now updated the form to better reflect channel choice. On Wednesday, The Adviser ran a story in which Queensland-based broker Nicki McDavitt … Continue reading “Royal Commission updates online form”
Note that links are tested on posting, but not checked subsequently. 12 Dec 2017 – SBS – Why some parents are giving their kids up to $75,000 07 Dec 2017 – Australian Financial Review – RBA challenges first time buyer ‘unaffordability’ claims 07 Dec 2017 – Radio 6PR Perth – Warnings over home loans not … Continue reading “2017”
Note that links are tested on posting, but not checked subsequently. 21 Dec 2016 – The Australian – Fears rise as mortgage stress strikes bush, city 15 Dec 2016 – Australian Financial Review – Home loans expected to jump 80 basis points 14 Dec 2016 – The Australian – CBA adds to property investors’ debt … Continue reading “2016”
Martin North, Digital Finance Analytic’s founding Principal and banking sector analyst, willingly engages with the media offering informed, objective and independent views on banking, financial services and broader economic policy issues. He has a special interest in the dynamics of the housing sector. Requests by Media for interviews can be made here or call 0412 … Continue reading “Media”