Is Truth The Victim? – The DFA Daily 27th July 2021

The latest edition of our finance and property news digest with a distinctively Australian flavour. In today’s show, we look at the latest disappointing new home sales from the US, recent Bitcoin and Tether moves, the declines in Chinese US stock, Labors announcement to keep negative gearing, and the latest from the New Zealand on … Continue reading “Is Truth The Victim? – The DFA Daily 27th July 2021”

Understanding my Australian Property Investment Breakeven

Here is an excellent article from Nucleus Wealth which spells out the true issues around property investment. So many investors have their heads in the sand! The net effect is that at current prices, finding scenarios where property won’t lose you money over ten years is not that easy. Which means most buyers in today’s … Continue reading “Understanding my Australian Property Investment Breakeven”

AMP Says Property Price Boom Unlikely

AMP Capital chief economist Shane Oliver says the latest resurgence in property prices will be tempered by weak economic conditions and lending constraints. Via InvestorDaily. There are plenty of positive indicators to suggest property prices will soon be booming again. The boost from the election result which removed the threats to negative gearing and the … Continue reading “AMP Says Property Price Boom Unlikely”

ME Says Household Financial Comfort Falls

Consistent with the DFA surveys on household financial confidence the latest survey via ME Bank says: Australian households are feeling overall worse about their net wealth, jobs, income and living expenses with further significant residential property price falls over the past six months and a weakening labour market, ME’s latest Household Financial Comfort Report has … Continue reading “ME Says Household Financial Comfort Falls”

Warning issued over housing market ‘bull trap’

The recent spike in housing market sentiment could be luring speculators into a “bull trap” with the dwelling values to continue falling, according to analysts. From Mortgage Business. Over the past few months, there have been suggestions that green shoots have begun to emerge in the housing market, following two years of price declines. Some … Continue reading “Warning issued over housing market ‘bull trap’”

Home Approvals Remain Weak In May 2019

The ABS released their May 2019 Building Approvals data today. The trend estimate for total dwellings approved fell 0.5% in May, while the less reliable seasonally adjusted estimate for total dwellings approved rose 0.7% in May. As you know DFA uses the trend series in our analysis and modelling. However, most reports will pick the … Continue reading “Home Approvals Remain Weak In May 2019”

Household Financial Confidence Bounces Post Election

We have released our latest financial confidence index which is derived from our rolling 52,000 household surveys. The index moved a little higher since the election, reflecting some more positive vibes from property investors, at the margin, and from those holding property more generally. It is all relative however, as the current read of 86.34 … Continue reading “Household Financial Confidence Bounces Post Election”

Housing affordability has improved slightly, but…

From The Conversation. The re-election of the Morrison government has delivered an Australian housing policy platform based on home ownership. The recently announced First Home Loan Deposit Scheme and the existing First Home Super Saver Scheme complement first home buyer grants and stamp duty concessions from state and territory governments. What we aren’t going to … Continue reading “Housing affordability has improved slightly, but…”

CBA reports post-election spike in mortgage applications

The number of home loan applications received by the major bank in the week following the federal election hit a six-month high, according to CEO Matt Comyn, via The Adviser. Following his address to the Trans-Tasman Business Circle, CEO of the Commonwealth Bank of Australia (CBA) Matt Comyn revealed that the bank experienced a surge … Continue reading “CBA reports post-election spike in mortgage applications”