Digital Finance Analytics (DFA) Blog
"Intelligent Insight"
The latest edition of our weekly finance and property news digest with a distinctively Australian flavour.
I discuss the latest from New Zealand with property expert Joe Wilkes, and we look at changes to capital gains, negative gearing and other factors which may impact the market.
Some interesting comparisons with the UK and Australian markets too!
Property Insider Edwin Almeida and I discuss the latest auction clearance results and debunk the claims of a property market roaring back to life.
Edwin explains how the numbers are produced, and why we need to be cautious and also sets out some real data to show whats happening on the ground. And its not pretty!
https://www.ribbonproperty.com.au/
We look at the latest real estate data from the US, where sales volumes are falling and home price growth is stalling.
The latest edition of our weekly finance and property news digest with a distinctively Australian flavour.
I discuss the latest on the Senate Inquiry into Banking Separation (Glass-Steagall) with Robbie Barwick from the CEC. We have a significant opportunity to drive the change to benefit Australians and Australia.
Link to CEC release for instructions:
http://cecaust.com.au/releases/2019_02_18_Submission.html
Link to Senate Economics Legislation Committee inquiry website:
https://www.aph.gov.au/Parliamentary_Business/Committees/Senate/Economics/BankingSystemReform
We review the latest from LF Economics on home prices, and include a segment on Sunrise today where I discuss the trajectory of property valuations.
The Senate has initiated an inquiry into the structural separation of the banks, following the Hayne report, and the bill represented to the chamber.
I discuss the critical issues surrounding this with businessman John Dahlsen, who was a director at ANZ for many years. John and I were both mentioned in the Hansard on this topic!
In our last post we had discussed the outcomes of the Royal Commission and I follow up with questions from that post, in the light of new developments.
There are so many compelling reasons to support structural separation, yet there are powerful forces which will resist the concept.
The bottom line is structural separation would be good for customers, good for shareholders, and good for businesses seeking finance; and reduce the structural risks in the banking system thanks to derivatives and too big to fail. So why is structure a dirty word?
This will help you to prepare a submission to the inquiry when its formally sought!
This is the edited version of our live stream event where we discuss our latest scenarios and a range of finance and property questions.
Live recording and chat can be found at: https://youtu.be/BNrTHJ2MWjo
We discuss the latest data from Westpac and Bank of Queensland, look at off the plan building and consider financial advice versus general advice in the ASIC case.
Plus a quick reminder of tomorrows live streaming event where we update our scenarios.
Feb 2019: https://youtu.be/BNrTHJ2MWjo
