Digital Finance Analytics (DFA) Blog
"Intelligent Insight"
From Zero Hedge. Back in 2007, the ratings agencies were so woefully behind the eight ball in understanding and reporting the credit risks in the U.S. financial system that it was nearly impossible to tell from day to day whether they were really just that incompetent or if they were complicit in the biggest financial … Continue reading “Moody’s Cuts Aussie Bank Ratings Due To “Tail Risk” Concerns”
From The Conversation. This week the US Federal Reserve, as expected, raised its benchmark interest rate by 25 basis points, to a range of 1-1.25%. This was the third such hike in the last six months. Fed Chair Janet Yellen said: Our decision reflects the progress the economy has made and is expected to make. … Continue reading “Australia is facing an interest rates dilemma”
New Zealand’s financial system remains sound and the risks facing the system have reduced in the past six months, Reserve Bank Governor Graeme Wheeler said today when releasing the Bank’s May Financial Stability Report. “The outlook for the global economy has been improving but global political and policy uncertainty remains elevated and debt burdens are … Continue reading “New Zealand’s financial system is sound but continues to face risks”
Are First Time Buyers really under the affordability gun? What will the impact of the surprising slowdown in residential construction be? And how will the bank levy play out in the light of this week’s ratings downgrades? Find out as you watch the latest edition of the Property Imperative weekly. First, are first time buyers … Continue reading “The Property Imperative Weekly To 27 May 2017”
From The New Daily. When it comes to the housing debate, there’s one number that just won’t go away: 20 per cent. Many fear that’s how much they’ll have to save for a deposit. It’s easy to understand why – popular measures of affordability, such as those compiled by CoreLogic and CoreData, often assume a 20 per … Continue reading “Experts bust the mortgage deposit ‘myth’”
From The Conversation. If the growth of cities in the 20th century was marked by “white flight”, the 21st century is shaping up to be the era of “bright flight”. The young, highly educated and restless are being priced out of many of the world’s major cities. They are choosing instead to set themselves up … Continue reading “From ‘white flight’ to ‘bright flight’ – the looming risk for our growing cities”
The New Zealand Reserve Bank today left the Official Cash Rate (OCR) unchanged at 1.75 percent. Global economic growth has increased and become more broad-based over recent months. However, major challenges remain with on-going surplus capacity and extensive political uncertainty. Stronger global demand has helped to raise commodity prices over the past year, which has … Continue reading “RBNZ Official Cash Rate unchanged at 1.75 percent”
The latest edition of our weekly summary of events in the finance and property industry has been released, a week in which the RBA told us more about household finances, major banks reported lifts in delinquencies and the number of households in mortgage stress continued to rise. You can watch our video summary. We start … Continue reading “The Property Imperative Weekly 6th May 2017”
From The New Daily. A senior property data expert has warned Australians not to fall for “propaganda” claiming the Sydney and Melbourne housing markets have already cooled. Louis Christopher, head of SQM Research, said all available data contradicted rival firm CoreLogic, whose numbers last week sparked dire headlines and talk of a market crash. Even Treasurer Scott Morrison … Continue reading “Talk of a property slowdown is just ‘propaganda’”
From The New Daily. The little-known superannuation tax lurk that has pushed $20 billion into the property market in just under five years is under attack, with Labor promising to ban private superannuation funds from borrowing and the Coalition foreshadowing new restrictions. As The New Daily recently reported, self-managed superannuation fund borrowing arrangements have grown … Continue reading “Both sides of politics target the $24 billion super property lurk”