Tag: Monetary Policy

Now Where Will Rates Go, And What Does It All Mean?

With the latest rises in rates of 3% flowing through to the markets, we look at the impact, now and ahead with Steve Mickenbecker from Canstar.

CONTENTS
0:00 Start
0:53 Housing Shortages and Stress
11:40 Interest Rates Moves
20:00 Fixed Rate Cliff Ahead
25:30 Credit Card Issuing Up
34:00 Refinancing Risks
40:30 Deposits
49:00 Financial Homework For The Holidays

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.

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

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

DFA Live Q&A HD Replay: Household Finances Stress Scenarios Update

This is an edited version of my latest live discussion about the latest from models and post code analysis.

CONTENTS

0:00 Start
0:17 Introduction
3:10 Economics and RBA Data
18:01 DFA Stress Analysis
29:44 Mapping
39:09 Scenarios
40:00 Post Code Analysis (Q&A)
1:21:00 Getting Debt Advice Help
1:24:00 Summary And Close

Original show with chat here: https://youtu.be/YANetUOBHrg

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

The Eighth Rate Rise In A Row: What Next?

I caught up with Peter Marshall from Mozo to discuss the latest following the RBA 25 basis points rise yesterday. What is going to happen ahead, and how should households be planning to manage under the new higher-rate environment? And of course, after the eighth, comes the ninth…. etc….

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/

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

The Eye-Watering Rate Rise Pain Will Continue…

The RBA will likely hike rates again tomorrow, so we look at the potential impact, the the estimated terminal rates across the big four – there are significant variations.

The market is also expecting rates higher for longer.

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.

Resist The Creeping Madness Of Central Bank Digital Currencies Now!

Have your say on the imposition of Central Bank Digital Currencies, via a petition, open to the 21st December 2022 on the Government Website. More than 7,666 have already signed.

https://www.aph.gov.au/e-petitions/petition/EN4638

As Australian citizens we should be concerned about the disadvantages of a Central Bank Digital Currency. Traceability: In the case where physical cash is eliminated entirely this eliminates our ability to transact in a fully anonymous manner. Negative Rates: With CBDCs, you cannot withdraw your digital tokens and hold them under the mattress. If there is no option for physical cash this gives central banks ability to implement negative interest rates. Programmability: CBDCs give central banks a unique opportunity to make money “programmable”. For example: Expiration, with a direct relationship with your central bank, CBDCs could permit a currency expiration policy. Your money could be programmed so that if you don’t spend the $5000 in your account by next Saturday, it will expire. Personalised monetary policy: With a bank of Big Data on individual spending habits, coupled with digital identification infrastructure, the central bank will have enough information to tailor its monetary policy personally. For example if it is known that lower earners have a higher propensity to consume, stimulus can be directly delivered to those people. Personalised monetary policy could even become politicised. A government could segment its voters, identify communities where it is behind in polls, and deliver stimulus to these groups.
Petition Request

We therefore ask the House to enshrine the use of cash in law.

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

The Lemmings Are Running In A Different Direction: Again! [Podcast]

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/

CONTENTS

0:00 Start
0:15 Introduction
0:55 US Monetary Policy

2:10 NonFarm Payroll Surprise
4:28 US Markets

7:28 Real Recession Risk Growing
9:37 Gold
12:20 Oil
15:30 European Markets
17:35 Asian Markets

18:55 Australian Markets
26:22 Crypto
28:28 Summary And Close

Digital Finance Analytics (DFA) Blog
Digital Finance Analytics (DFA) Blog
The Lemmings Are Running In A Different Direction: Again! [Podcast]
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The Lemmings Are Running In A Different Direction: Again!

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/

CONTENTS

0:00 Start
0:15 Introduction
0:55 US Monetary Policy

2:10 NonFarm Payroll Surprise
4:28 US Markets

7:28 Real Recession Risk Growing
9:37 Gold
12:20 Oil
15:30 European Markets
17:35 Asian Markets

18:55 Australian Markets
26:22 Crypto
28:28 Summary And Close

Find more at https://digitalfinanceanalytics.com/blog/ where you can subscribe to our research alerts

FedSpeak Brings Out The Bulls!

Fed Chair Powell gave an address overnight which set the markets running higher. The FED will lift rates further but perhaps more slowly. The markets liked that with the Dow moving into bull territory.

And in Australia, ANZ has up forecast future rates here, higher for longer.

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 RBA Says They Helped Create The Inflation Problem…

More from the Senate as they probed the RBA Governor, this time the discussion related to the cause of inflation. Governor Lowe conceded they had stoked inflation by monetary stimulus and low rates (and over did it). But then tried to defend the decision.

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