Digital Finance Analytics (DFA) Blog
"Intelligent Insight"
We look at the latest trends on Australian Bonds, Credit Markets and the recent IMF paper on negative interest rates – which they link to the need to restrict cash. This will not end well.
https://www.imf.org/external/pubs/ft/fandd/2020/03/what-are-negative-interest-rates-basics.htm
The latest edition of our weekly finance and property news digest with a distinctively Australian flavour.
Contents:
00:20 Introduction 00:54 US Markets 02:10 Federal Reserve Actions 03:40 Federal Reserve Tools 06:00 Negative Rates 09:00 China 09:40 Japan 10:40 UK 11:20 Global Debt crisis 14:05 Australian Section 14:10 RBA Cuts 15:00 Retail Sales 15:50 Economic Outlook – U shaped 17:00 Markets 18:00 Bank Profitability 19:45 Property Markets
We look at the latest data from our household surveys, with a focus on mortgages.
I discuss the GDP question with American in OZ Salvatore Babones, Associate Professor, University of Sydney.
I was invited to join Tim Wilms live stream, where we discussed at length, the cash restrictions bill, and a range of broader economic issues.
Go check out Tim’s channel. https://www.youtube.com/channel/UCsmn2iALJ2NjebjthQA2mdQ.
His version of the show, with live chat is at https://youtu.be/1E-zTQF4SRI
The Citizen’s Party Robbie Barwick and I discuss the new legislation which has been introduced into Parliament to ensure bank deposits cannot be bailed-in.
If passed this would be a major coup. You can help.
https://citizensparty.org.au/stop-bail-in-petition
We discuss the recent ACCC report on the Private Health sector, where the number of households covered is decreasing, premiums are rising faster than wages or inflation, more policies have exclusions and more households are being hit with a “gap” payment.
Plus there are concerns about data privacy especially relating to third party health and fitness apps. There is a lot which needs attention. Perhaps the industry should see a Doctor!
Another chat with Journalist Tarric Brooker covering finance and politics. Tarric uses the handle @AvidCommentator on Twitter.
We discuss the latest economic and political dynamics as the RBA considers a rate cut tomorrow, and central banks around the world seek to support their financial markets. How might this play out?
We look at the latest reactions to recent market falls, ahead of the RBA’ decision tomorrow.
Robbie Barwick from the CItizen’s Party and I discuss the report which landed late Friday.
https://www.aph.gov.au/Parliamentary_Business/Committees/Senate/Economics/CurrencyCashBill2019/Report
