Today we look at the February numbers from Core Logic and the ABS new lending data, which refinancing apart remain weak. In fact we are not convinced conditions are likely to lead to sustainable price rises.
Tag: Household Finances
So Long, And Thanks For All The Fish! – With Tarric Brooker…
Tarric Brooker joins me for my last Friday afternoon chat for a month or so, as I relocate to the UK. For the reasons see here: https://youtu.be/7Nj6N_amn3Y
We discussed a range of viewers questions, for which thanks.
I have genuinely enjoyed my regular chats with Tarric, and rest assured we plan to continue them once I have relocated.
Meantime, you can see the charts on his Substack: https://avidcom.substack.com/p/charts-and-links-from-dfa-q-and-a
http://www.martinnorth.com/
Go to the Walk The World Universe at https://walktheworld.com.au/
The Mortgage Stress Traffic Accident Is Coming Into View!
More analysts are now talking about mortgage stress. How ever you define the concept (we prefer cash flow metrics) things are getting worse. So ahead of our next batch of updates on Tuesday, we look at what some other analysts are saying.
Perhaps, better late than never they are now understanding things I have been highlighting for some long time!
http://www.martinnorth.com/
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The Mortgage Stress Traffic Accident Is Coming Into View!
More analysts are now talking about mortgage stress. How ever you define the concept (we prefer cash flow metrics) things are getting worse. So ahead of our next batch of updates on Tuesday, we look at what some other analysts are saying.
Perhaps, better late than never they are now understanding things I have been highlighting for some long time!
http://www.martinnorth.com/
Go to the Walk The World Universe at https://walktheworld.com.au/
More Ups And Downs For The CPI!
The rather shaky monthly indicators are in from the ABS, and headline inflation is down a tad, though only in some categories, so we should not get too excited. The quarterly GDP number to December was also in, and lower than expected – as ther savings ratios fell, and household discretionary spending wilted, though travel, and student arrivals helped to support GDP.
Again, not too much here to suggest other than more weakness ahead as rates rise.
http://www.martinnorth.com/
Go to the Walk The World Universe at https://walktheworld.com.au/
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/
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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/