Digital Finance Analytics (DFA) Blog
"Intelligent Insight"
A quick look at the latest from the Fed (Groan) and JP Morgan’s potential plan to offer Bitcoin to some wealthy investors via a dedicated fund. Go to the Walk The World Universe at https://walktheworld.com.au/
Moody’s says that on 22 March, Australia (Aaa stable) announced economic relief measures, totalling AUD66 billion ($38.2 billion, or around 3% of GDP) in support to households, businesses and guarantees to small and medium-sized enterprises (SMEs), in addition to a package announced previously and a set of measures aimed at supporting credit. On 17 March, … Continue reading “Australia’s and New Zealand Has Fiscal Space To Support Demand”
Slowing global economic growth, trade tensions and geopolitical risks will lead to subdued demand growth in global shipping in 2020, Fitch Ratings says in a new report. The sector outlook remains negative. Although all shipping segments have demonstrated more prudent capacity growth in recent years, which supported a better supply-demand balance, a longer record of … Continue reading “Global Shipping Outlook Is Negative Due to Demand Risks”
A former Macquarie banker says hazy guidelines around lending will cause problems for the next six months following the Westpac case, predicting the big four banks will corner ASIC and demand clearer standards, according to an exclusive in InvestorDaily today. During a panel discussion at The REAL Future of Advice Conference in Vietnam this week, … Continue reading “After Westpac Case Big Four Demand Clarity”
Digital Finance Analytics will be releasing the results from our rolling household surveys over the next few days. This is the first in the series. These are the results from our 52,000 households looking at property buying propensity, price expectations and a range of other factors. We use a segmented approach to the market for … Continue reading “The Property Supply Demand Disequilibrium”
From The Adviser As Generation Y begins to enter the housing market, there could be a change in the types of dwellings sought after, a new report has suggested. According to industry analyst and economic forecasters BIS Oxford Economics, changes to the age profile of the population over the next decade will likely result in a shift in the … Continue reading “Changing demographics to alter dwelling demand”
From The Conversation. If property prices are rising, it is commonly assumed we must be facing a shortage of supply relative to demand. So if we’re ever going to reduce housing affordability problems, we’re simply going to have to build our way out of it. After all, as anyone who’s sat in an introductory economics … Continue reading “Why rents, not property prices, are best to assess housing supply and need-driven demand”
From Zero Hedge. The stock market is at record highs and people with FICO scores as low as 500 are once again happily obtaining mortgages. Not only that, but these mortgages are once again being securitized and are in demand by yield chasers. All of the elements that are necessary for the 2008 subprime crisis … Continue reading “Deja Vu All Over Again? Subprime MBS Demand “Oversubscribed” And S&P Says Risk Is “Contained””
From The IMFBlog. Over a decade of spectacular growth, demand for smartphones has created a new global tech cycle that last year produced a new smartphone for every fifth person on earth. This has created a complex and evolving supply chain across Asia, changing the export and growth performance of several countries. While our recent … Continue reading “Smartphones Drive New Global Tech Cycle, but Is Demand Peaking?”
The Government view is high home prices is ultimately driven by lack of supply, relative to demand, including from migration. So the solution is to build more (flick pass to the States!). It has nothing to do with excessive debt, nor does the fact the average number of people per home is falling signify anything. … Continue reading “Housing – All About Supply and Demand; But Not What You Think”