Tag: ABS

Is Employment On The Turn?

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.

More On The Unoccupied Housing Question… [Podcast]

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/

Digital Finance Analytics (DFA) Blog
Digital Finance Analytics (DFA) Blog
More On The Unoccupied Housing Question... [Podcast]
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More On The Unoccupied Housing Question…

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/

The Property Market Is Busted By A Fall In Lending!

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/

Growth In Credit Eases Back…

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.

A Dwelling Approval Shocker…

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/

Retail Booms: Signals Higher Rates Ahead!

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.

More Employment And Wages Number Wanging

We had new data from the ABS today on employment and wages growth, the latter so far off what the RBA was projecting and to nearly be funny. But the trends are telling a very different story. Tell me again why we really need to lift inward migration?

Go to the Walk The World Universe at https://walktheworld.com.au/