Digital Finance Analytics (DFA) Blog
"Intelligent Insight"
The BIS has released a report “The “Green Swan” where they discuss how our changing climate leads directly to financial stability risks, but they also say Central Banks cannot alleviate these risks. Green Swan events require a whole new way of thinking…. they represent a new type of risk. https://www.bis.org/publ/othp31.htm
Australia’s trend unemployment rate decreased to 5.1 per cent in December 2019, according to the latest information released by the Australian Bureau of Statistics (ABS) today. This may be enough to stay the RBA’s hand in February, as the headline rate fell, and the jobs hours worked rose, though there was a disproportionate shift towards … Continue reading “Trend Unemployment Rate Ends 2019 At 5.1%”
Westpac has announced the appointment of its new non-executive director and chairman-elect, who will play an integral role in the appointment of a permanent CEO following the resignation of Brian Hartzer. Via Australian Broker. John McFarlane, scheduled to assume the role in February subject to regulatory approvals, will succeed Lindsay Maxsted and work closely with … Continue reading “Westpac Names New Chair”
We look at the tourism data to assess the impact on GDP, regional visits and the education sector. How much of the $60 billion contribution to GDP (fourth largest) could be impacted, and will a marketing campaign make any difference?
This is the edited version of our recent live event. You can see the original stream recording, including the live chat replay, here: https://youtu.be/Z03jkJEmvOI
We look at the tourism data to assess the impact on GDP, regional visits and the education sector. How much of the $60 billion contribution to GDP (fourth largest) could be impacted, and will a marketing campaign make any difference? This week, the Australian Tourism Export Council told the Australian Financial Review that cancellations by … Continue reading “How Bushfires May Impact Tourism”
The BIS – The Central Bankers’ Banker, has released a report “The Green Swan“, in which they discuss the issue of ” Central banking and financial stability in the age of climate change”. Specifically they warn that expecting Central Banks to do “Green QE” to mitigate financial risks relating to climate variation is unrealistic, saying … Continue reading “Climate-related Risks Are A Source of Financial Risk – BIS”
Here is the edited version of our live stream event for January. In the show we update our property and finance scenarios, and answer a range of questions from viewers. We ran out of time, so I plan to make a future show covering those I missed. Here are our current scenarios: The original live … Continue reading “DFA Live Q&A Replay 21 Jan 2020”
Those who say “I told you so” are rarely welcomed, yet I am going to say it here. Australian scientists warned the country could face a climate change-driven bushfire crisis by 2020. It arrived on schedule. Via The Conversation. For several decades, the world’s scientific community has periodically assessed climate science, including the risks of … Continue reading “Australia, You Were Warned Says Scientists!”
The Senate hearing on the 12th December 2019 relating to the Restriction of Cash Transactions Bill revealed the lack of facts, data and rationale for the proposed legislation. This is a 5 minute highlights package underscoring this – and something which your Senators and MP’s must see before its too late. It is not too … Continue reading “5 Minutes Your MP MUST Watch!”