Digital Finance Analytics (DFA) Blog
"Intelligent Insight"
Join us for a replay of the live discussion in which we explored household financial confidence and investment net yields across post codes using our geo-mapping tools. Note I said yellow – its green in some of the charts (colour blind). This is a high quality edited version of our live stream which is also … Continue reading “DFA Live Q&A HD Replay 12th January 2021 [Podcast]”
The latest edition of our finance and property news digest with a distinctively Australian flavour. Live show tomorrow: DFA scenarios and household financial confidence
APRA and the RBA released their May loan numbers yesterday. These are stock numbers, taking account of repayments, refinances and new loans. APRA said that banks increased their overall residential property lending by 0.24%, with owner occupied loans up 0.51% and investor loans down again, this time 0.24%. As result the proportion of loans for … Continue reading “Credit Crunch Bites In May”
Overnight the Bank of England cuts the UK cash rate by 0.5% to 0.25%, cut the banks’ liquidity buffer to zero, and announced extra funding for banks to lend to businesses, all in response to the virus. The Prudential Regulation Authority (PRA) said that banks should not increase dividends or other distributions, such as bonuses, … Continue reading “UK Cuts The Cash Rate And Releases Liquidity Buffers”
The coronavirus outbreak could result in a $319 billion loss for economies in the Asia Pacific, S&P Global Ratings has estimated, with Australia left vulnerable. Via InvestorDaily. A report from S&P has forecast growth in the APAC will slow to 4 per cent in 2020, the lowest since the global financial crisis, as a result … Continue reading “Coronavirus to slug APAC with $319bn loss: S&P”
The latest edition of our weekly finance and property news digest with a distinctively Australian flavour. Contents: 00:20 Introduction 00:54 US Markets 02:10 Federal Reserve Actions 03:40 Federal Reserve Tools 06:00 Negative Rates 09:00 China 09:40 Japan 10:40 UK 11:20 Global Debt crisis 14:05 Australian Section 14:10 RBA Cuts 15:00 Retail Sales 15:50 Economic Outlook … Continue reading “In A Mirror Darkly – The Property Imperative Weekly 7th March 2020”
As expected the RBA cut the cash rate to 0.5% “the Board took this decision to support the economy as it responds to the global coronavirus outbreak”. All the major banks passed on the cut in full (thanks to severe political pressure), though gritted teeth. The profit pressure at the banks just went up a … Continue reading “Rate Cuts Don’t Cure Viruses”
The RBA released their minutes today, and its all upside. Just seems disconnected from reality! Rates will remain low, for years!!! International Economic Conditions Members commenced their discussion of the global economy by noting the International Monetary Fund’s forecast for global growth to pick up in 2020 and 2021. The easing in trade tensions between … Continue reading “RBA Parallel Universe Is SO Dovish”
Its the last day of January, so the RBA has released their credit aggregates to the end of December 2019 and APRA released their latest modified Monthly Authorised Deposit-taking Institution Statistics. Looking at the RBA data first, over the past month housing credit stock (the net of new loans, repaid loans and existing loans) rose … Continue reading “Credit Growth Stirs, Perhaps…”
The Fed kept the cash rate on hold, and there was little change to the commentary, other than a slightly weaker set of words surrounding the consumer. Growth in household spending moderated toward the end of last year, but with a healthy job market, rising incomes, and upbeat consumer confidence, the fundamentals supporting household spending … Continue reading “Fed Holds Cash Rate (As Expected)”