Tag: Household Finances

Households Caught In The Cross-Fire!

In the latest edition of our weekly update, we look across the markets and reflect on how households are being pushed under the bus by higher rates, and as the expectation for yet higher rates (and for longer) takes hold.

Locally the first signs of stress are showing on the banks.

  • CONTENT
  • 0:00 Start
  • 0:15 Introduction
  • 1:00 US Markets
  • 5:05 US Households And Debt
  • 6:55 Oil and Gas
  • 8:23 Europe
  • 10:17 Asia
  • 12:18 Australia
  • 14:00 Bank Margins And Rising Exposures
  • 21:00 RBA Under The Microscope
  • 26:30 Crypto
  • 26:40 Conclusion And Close

The latest edition of our finance and property news digest with a distinctively Australian flavour.

http://www.martinnorth.com/

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

Questions, Answers, And A Soft Landing (Maybe) With Tarric Brooker… [Podcast]

An early chat with journalist Tarric Brooker this week as we answer viewer questions and share some charts.

Timely – given all the data which is out just now.

http://www.martinnorth.com/

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

Digital Finance Analytics (DFA) Blog
Digital Finance Analytics (DFA) Blog
Questions, Answers, And A Soft Landing (Maybe) With Tarric Brooker... [Podcast]
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So The RBA Says More Rate Hikes Ahead … With Peter Marshall

I caught up with Peter Marshall from Mozo to debrief on the latest RBA rate hikes, and the fallout.

And more rate rises must be expected too…

Peter Marshall has been working in the Australian banking and finance industry for over 20 years and oversees Mozo’s extensive product database. He is regularly sought out for his expert commentary and analysis on banking and interest rates trends by print, radio and TV media.

https://mozo.com.au/authors/peter-marshall

http://www.martinnorth.com/

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

FINAL REMINDER: DFA Live Q&A 8pm Sydney Tonight – Household Finances, Stress And Scenarios Update

https://youtube.com/live/FvMrqS2nj_I

Join me for a live discussion about the state of play relating to household finances, stress and scenarios. We will explore the latest from our surveys and models, and you can ask a question live! We will have our mapping tools and post code engine online.

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

The RBA Says The Pain Time Is Coming!

Evidence provided by the RBA to Parliament yesterday underscores the $350 billion of mortgages across some 800,000 facilities which are expected to reset from fixed (~2% interest rates) to ~6% variable rates in 2023.

This could have a significant impact on households and their spending patterns to say nothing of rising mortgage stress.

http://www.martinnorth.com/

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

Low Distressed Sale Counts Do Not Prove The Property Market Is Fine!

We look at the question of distressed listings and sales, which appear to be quite low at the moment. Some therefore argue that things in the property market are just fine.

However, apart from the question of how distressed sales are defined and identified, the truth is that some households are being given the option to sell as a normal not distressed sale. This is better for the bank, and potentially might be something which given enough equity in the property is worth considering. But it is really important to get the right independent advice first!

Bottom line is low distressed sale counts are not a signal of a buoyant market.

http://www.martinnorth.com/

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

Savings Buffers At The Buffers!

The once famous household savings buffers are being exhausted fast according to latest research. Given the higher mortgage rates and inflation, more households will struggle with cash flow, even as mortgage volumes fall – refinancing apart.

http://www.martinnorth.com/

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

Digital Finance Analytics (DFA) Blog
Digital Finance Analytics (DFA) Blog
Savings Buffers At The Buffers!
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Savings Buffers At The Buffers!

The once famous household savings buffers are being exhausted fast according to latest research. Given the higher montage rates and inflation, more households will struggle with cash flow, even as mortgage volumes fall – refinancing apart.

http://www.martinnorth.com/

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

Are The Interest Rate Pips Beginning To Squeak: With Steve Mickenbecker

Steve and I discuss the latest in interest rate movements, refinancing, and the impact on household budgets. We look at how households can save significantly and ensure they have the best deals on mortgages and savings rates.

We know that many are still not on the best available rates and as a result are paying more than they need to, which may benefit bank profits, but which do not help individual household cashflow.

https://www.canstar.com.au/team-members/steve-mickenbecker/

Steve Mickenbecker is in Canstar’s Group Executive Team, bringing more than 30 years of experience in the Australian financial services industry. As a financial commentator for Canstar, Steve enjoys sharing his expertise across topics such as home loans, superannuation, insurance, mortgages, banking, credit cards, investment, budgeting, money management and more.

http://www.martinnorth.com/

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

Spend, Spend, Spend, In 2023 With Tarric Brooker

My latest Friday afternoon chat with Journalist Tarric Brooker, as we walk through the key charts as we come to the end of 2022. So, what might 2023 look like?

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

Links to Tarric’s charts and recent articles:

https://avidcom.substack.com/p/charts-that-matter-9th-december?sd=pf

https://avidcom.substack.com/p/how-long-can-australians-keep-spending

Digital Finance Analytics (DFA) Blog
Digital Finance Analytics (DFA) Blog
Spend, Spend, Spend, In 2023 With Tarric Brooker
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