Digital Finance Analytics (DFA) Blog
"Intelligent Insight"
Welcome to the Property Imperative weekly to the second of February 2019 – our digest of the latest finance and property news with a distinctively Australian flavour. Watch the video, or read the transcript. As we wait for the public release of the Royal Commission Banking report on Monday, the slew of local data … Continue reading “Falling, Falling and The Phony War – The Property Imperative Weekly 02 Feb 2019”
A quick segment on the upcoming programme on channel Nine.
A spike in market volatility during fourth quarter 2018 dragged down overall capital markets results for the five major U.S. trading banks including: Bank of America Corporation (BAC), Citigroup, Inc. (C), The Goldman Sachs Group (GS), JPMorgan Chase & Co. (JPM) and Morgan Stanley (MS), according to the latest report from Fitch Ratings. “Market volatility … Continue reading “Volatility Strains Capital Markets at U.S. Banks”
We discuss recent research which points to a potential slowing in the housing sector, and its implications more broadly, but with a specific focus on retail real-estate, and the impact of online shopping as more retailers give up the survival fight. What will happen to shopping centre rentals?
ME has announced it will increase its home loan interest rates for both new and existing borrowers by up to 18 basis points, effective 7 February; via The Adviser. The lender will also increase its advertised new business variable rates by 8 basis points, effective 4 February, following a 10 basis point increase to some advertised … Continue reading “ME Bank Hikes Mortgage Rates”
I discuss how those seeking to engage a real estate agent to sell their property can avoid the pitfalls, and potentially save thousands with our property insider. Time to break with tradition! https://www.ribbonproperty.com.au/
In a research note published on Thursday, Morningstar analyst Chanaka Gunasekera said the most immediate near-term risk for AMP will be the royal commission’s final report, which the government will release after the market closes on Monday, 4 February; via InvestorDaily. “We expect the report to be highly critical of AMP’s governance and conduct,” the … Continue reading “Could Hayne destroy AMP’s wealth model?”
APRA released their monthly banking statistics to end December 2018 today. Total loan stock for housing was $1.67 trillion dollars, up 0.23% from last month (equivalent to 2.8% if annualized). Another record. Within that loans for owner occupied housing rose to $1.11 trillion dollars, up 0.33% from November, or $3.7 billion dollars, while investment loans … Continue reading “ADI Credit Growth Continues To Slow”
Another bank has decided to increase its mortgage interest rates, the third rate change it has made in the last seven months, via Australian Broker. ING has announced that from 7 February variable rates for all customers will increase by 0.15%. The hike comes after ING previously lifted variable rates by 0.10% in July last year … Continue reading “ING Lifts Mortgage Rates”
The December 2018 data from the RBA has been released today, and credit growth continues to slow, led down by both housing and business finance. That said total credit is still expanding, and housing credit reached a new record, $1.8 trillion dollars. Within that Owner occupied loans were reported at $ 1.21 trillion dollars and … Continue reading “RBA Says Credit Hits New High, But Growth Is Lower Again”