Digital Finance Analytics (DFA) Blog
"Intelligent Insight"
More reasons to argue for a 50-basis point rate hike in October, as the latest provisional retail figures came in pretty strong. Much of this is explained by the inflated prices we are paying for things, but despite very low consumer confidence households continue to spend (even if via credit).
So far higher rates are not slowing the pace, hence another jumbo-sized hike is warranted.
Go to the Walk The World Universe at https://walktheworld.com.au/
The ABS released their latest data on the labour market today, and it was not quite what was expected by the markets. In fact the seasonally adjusted unemployment rate rose to 3.5 per cent in August 2022, according to the ABS. The key reason for the rise in unemployment was the 0.2% lift in the labour force participation rate to 66.6%. The participation rate now sits just below the record high 66.8% recorded in June. Today’s post is brought to you by Ribbon Property Consultants. If you are buying your home in Sydney’s contentious market, you do not need to stand alone. This is the time you need to have Edwin from Ribbon Property Consultants standing along side you. Buying property, is both challenging and adversarial. The vendor has a professional on their side. Emotions run high – price discovery and price transparency are hard to find – then there is the wasted time and financial investment you make. Edwin understands your needs. So why not engage a licensed professional to stand alongside you. With RPC you know you have: experience, knowledge, and master negotiators, looking after your best interest. Shoot Ribbon an email on info@ribbonproperty.com.au & use promo code: DFA-WTW/MARTIN to receive your 10% DISCOUNT OFFER.
The ABS released their latest data on the labour market today, and it was not quite what was expected by the markets. In fact the seasonally adjusted unemployment rate rose to 3.5 per cent in August 2022, according to the ABS.
The key reason for the rise in unemployment was the 0.2% lift in the labour force participation rate to 66.6%. The participation rate now sits just below the record high 66.8% recorded in June.
Today’s post is brought to you by Ribbon Property Consultants. If you are buying your home in Sydney’s contentious market, you do not need to stand alone. This is the time you need to have Edwin from Ribbon Property Consultants standing along side you. Buying property, is both challenging and adversarial. The vendor has a professional on their side. Emotions run high – price discovery and price transparency are hard to find – then there is the wasted time and financial investment you make. Edwin understands your needs. So why not engage a licensed professional to stand alongside you. With RPC you know you have: experience, knowledge, and master negotiators, looking after your best interest. Shoot Ribbon an email on info@ribbonproperty.com.au & use promo code: DFA-WTW/MARTIN to receive your 10% DISCOUNT OFFER.
In this show we do a deeper dive into the ABS Census data series and examine the distribution and location of vacant property as defined by the census. We highlight the post codes with the highest counts and their distribution. We have mapped the results and added them to our Core Market Model. Go to the Walk The World Universe at https://walktheworld.com.au/
In this show we do a deeper dive into the ABS Census data series and examine the distribution and location of vacant property as defined by the census. We highlight the post codes with the highest counts and their distribution. We have mapped the results and added them to our Core Market Model.
Go to the Walk The World Universe at https://walktheworld.com.au/
We put together the lending and property price data released today, as we highlight the strong relationship between price movements and credit availability. The ABS shows new lending is down significantly, and prices are sliding at an accelerating rate. Go to the Walk The World Universe at https://walktheworld.com.au/
The credit stats from RBA and APRA to end July reveals a significant slowing in credit growth. Given this is a combination of changes in borrowing power, and competitor dynamics, some lenders are chasing investment loans, others are seeking owner occupied loans.
Go to the Walk The World Universe at https://walktheworld.com.au/
Today’s post is brought to you by Ribbon Property Consultants. If you are buying your home in Sydney’s contentious market, you do not need to stand alone. This is the time you need to have Edwin from Ribbon Property Consultants standing along side you. Buying property, is both challenging and adversarial. The vendor has a professional on their side. Emotions run high – price discovery and price transparency are hard to find – then there is the wasted time and financial investment you make. Edwin understands your needs. So why not engage a licensed professional to stand alongside you. With RPC you know you have: experience, knowledge, and master negotiators, looking after your best interest. Shoot Ribbon an email on info@ribbonproperty.com.au & use promo code: DFA-WTW/MARTIN to receive your 10% DISCOUNT OFFER.
The latest from the ABS showed a significant fall in high-rise development in July, although houses were stronger.
These are lagging indicators of property activity, and an overhang from the strong momentum earlier, when Government stimulus was juicing the market. Therefore, we should expect more falls ahead. The state by state analysts showed considerable variation.
Go to the Walk The World Universe at https://walktheworld.com.au/
The latest preliminary retail spending figures from the ABS for July 2022 were stronger than expected, showing that despite weaker consumer confidence they are still spending.
That said, the data is not inflation adjusted, and the mortgage rate hikes had hardly begun to flow through. It does leave the RBA open to biggest (50 basis point) rate hikes in September.
Go to the Walk The World Universe at https://walktheworld.com.au/
Today’s post is brought to you by Ribbon Property Consultants. If you are buying your home in Sydney’s contentious market, you do not need to stand alone. This is the time you need to have Edwin from Ribbon Property Consultants standing along side you. Buying property, is both challenging and adversarial. The vendor has a professional on their side. Emotions run high – price discovery and price transparency are hard to find – then there is the wasted time and financial investment you make. Edwin understands your needs. So why not engage a licensed professional to stand alongside you. With RPC you know you have: experience, knowledge, and master negotiators, looking after your best interest. Shoot Ribbon an email on info@ribbonproperty.com.au & use promo code: DFA-WTW/MARTIN to receive your 10% DISCOUNT OFFER.
The ABS is to introduce a monthly version of CPI, based on interim figures, though the “official” version will still be released warch quarter. So we discuss the implications.
Go to the Walk The World Universe at https://walktheworld.com.au/
