This is our weekly market update covering the US, Europe, Asia and Australia plus gold, oil and bitcoin. This was another volatile week on the markets, as traders played the volatility card and as U.S. stocks fell on Friday with the Nasdaq showing the largest decline after a hotter-than-expected producer prices report eroded hopes for … Continue reading "Another White-Knuckle Ride On The Markets!"

Journalist Tarric Brooker joins me for a Friday review, and this week we look at the RBA and how it is trapped thanks to conflicting data. He also walks through some important slides on property and China. Here is the link to the slides: https://avidcom.substack.com/p/dfa-chart-pack-16th-february-2024 http://www.martinnorth.com/ Go to the Walk The World Universe at https://walktheworld.com.au/ … Continue reading "The RBA Is Trapped: With Tarric Brooker…"

RBA Independence or should that be spelt “dance…” was one issue discussed during the Senate Economics Legislation Committee on Thursday 15th February 2024. Senators Nick McKim and Gerard Rennick quiz RBA Governor Michelle Bullock during the hearings. Highly relevant given the current proposed legislation to remove Government oversight of their activities. Segments on other issues … Continue reading "RBA Independence Discussed In Senate Committee"

Last month Australian employment surprisingly tumbled in December, snapping four months of gains and sending the currency lower as traders boosted wagers on the Reserve Bank switching to policy easing this year. The economy had shed 65,100 roles, led by the biggest monthly drop in full-time employment since the height of pandemic, but unemployment held … Continue reading "Unemployment Wobbles Higher In January, But Don’t Expect Quick Rate Cuts!"

I have been covering the disgusting story of construction defects across Australia for some time. In January we published a post titled “Wanted: More High-Rise Purchasers Willing To Play Russian Roulette! First Time Buyers are the biggest victims! And lets be clear, while the problem is Australia-wide, New South Wales does appear to be at … Continue reading "First Time Buyers Are At The Pinnacle Of The Building Defects Boom!"

Sydney is at risk of becoming “the city with no grandchildren”, a senior government official has warned, as high housing costs drive young families to leave. The state capital is losing twice as many people aged 30 to 40 as it gains, according to a paper by the NSW Productivity Commission.“If we don’t act, we … Continue reading "Are The Rats Leaving Sydney’s Sinking Ship?"

This is my edit of our monthly economic update on Nuggets News, as we explore the current trends across markets and economies. Things are getting interesting as higher for longer plays out. http://www.martinnorth.com/ Go to the Walk The World Universe at https://walktheworld.com.au/

This is an edited version of our live discussion about the current state of play of mortgage, rental and financial household stress across Australia, based on our latest surveys and modelling. We had our post code engine online. Find out more beforehand by watching this show: Many Households Are In Trouble – Mate! https://youtu.be/np4H9RkPqEo Original … Continue reading "DFA Live Q&A Replay: Latest Household Financial Stress And Modelling"

Another dose of reality from our property insider Edwin Almeida. What political games are being played at the moment, and how is this influencing markets, which according to some are taking off again. Or does it depend on where you look and who is buying. How big is the housing crises now? Will any of … Continue reading "Its Edwin’s Monday Evening Property Rant!"

Here we answer viewers specific post code requests, following our recent show discussing Household Mortgage, Rental and Financial stress last week “Many Households Are In Trouble – Mate!” https://youtu.be/np4H9RkPqEo We covered the following (in order): Hornsby 2077Mackay 4740 and 4700Morphett Vale 5162Busselton 6280Robertson 2577Sunnybank Hills 4109Kew 3101Kempsey 2440Moorland 2443Toowoomba 4350Mount Hutton 2290Liverpool 2170Morayfield 4506Holland Park … Continue reading "Post Code Level Household Financial Stress: You Asked, We Answered!"