Digital Finance Analytics (DFA) Blog
"Intelligent Insight"
APRA has released updated guidelines on how banks should count Buy Now Pay Later and HECS debt when assessing mortgage repayments. Weirdly banks seem to not have been doing this routinely.
We discuss the implication as the share price of BNPL stocks go down the gurgler.
Go to the Walk The World Universe at https://walktheworld.com.au/
The latest stats from RBA, ABS and APRA all pointing to positive momentum (before the Russian event..)
The latest edition of our finance and property news digest with a distinctively Australian flavour.
Go to the Walk The World Universe at https://walktheworld.com.au/
More economists have said a house price correction is on the cards in Australia, echoing forecasts from the big four banks.
“Eventually, with wage growth remaining structurally weak, a higher interest rate could destabilise the housing market.”
And the latest data from RBA and APRA also highlight the changed dynamics.
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.
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ASIC is taking ANZ to court in the last of the post Royal Commission actions and APRA reported on the latest bank financial data as new high debt to income ratio loans continue to climb.
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.
APRA released their Macro-prudential Framework for consultation. We look at their approach, and consider the implications. Spiced wet lettuce comes to mind!
The latest edition of our finance and property news digest with a distinctively Australian flavour.
Go to the Walk The World Universe at https://walktheworld.com.au/
APRA released their Macro-prudential Framework for consultation. We look at their approach, and consider the implications. Spiced wet lettuce comes to mind!
The latest edition of our finance and property news digest with a distinctively Australian flavour.
Go to the Walk The World Universe at https://walktheworld.com.au/
We look at the latest from the RBA, APRA, and ABS on credit, retail, and also the US GDP preliminary, which caught many off guard.
https://www.rba.gov.au/statistics/frequency/fin-agg/2021/fin-agg-0921.html
Go to the Walk The World Universe at https://walktheworld.com.au/
APRA has told lenders it expects they will assess new borrowers’ ability to meet their loan repayments at an interest rate that is at least 3.0 percentage points above the loan product rate. This compares to a buffer of 2.5 percentage points that is commonly used by ADIs today.
We look at the announcement and consider the consequences.
Go to the Walk The World Universe at https://walktheworld.com.au/
An important announcement from APRA today that Australian banks are mandated to prepare for negative interest rates.
Go to the Walk The World Universe at https://walktheworld.com.au/
We look at the latest credit data, which is all about booming mortgage lending. Given the rate of change of credit, home prices are set to rise higher. Totally the wrong time to remove responsible lending obligations from the banks!
Go to the Walk The World Universe at https://walktheworld.com.au/
