In a mega week for Central Bank news, after the seminal but small rise from the Bank of Japan into positive territory for the first time in eight years, the all options on the table no change from the RBA, the expected hold from the Bank of England, and the surprise 0.25% cut from the … Continue reading "Central Banks In Wonderland…"

In the most recent incident of card fraud: the gross amount withdrawn or used for all incidents was $2.2 billion while the net loss after any reimbursements paid for all incidents was $476 million. The median amount withdrawn or used per incident was $200, A further 514,300 (2.5 per cent) experienced some kind of scam, … Continue reading "Card Fraud Rises Across Australia To $2.2bn"

State and Federal Governments have been marked with a massive “fail” in their half-hearted attempts to show they are really committed to increasing housing supply. Of course, the demand side issues of too high migration, and too lose lending are conveniently sidestepped, as big Australia and banks’ profits rule. But according to a recent AFR … Continue reading "Supply Side Housing A Worsening Fail!"

This is an edited version of my latest live discussion with Tony Locantro, Investment Manager at Alto Capital as we look at the current state of the markets, and the consequences of the rapid rate hikes and rising debt. Tony has a unique way of seeing things, and his insights are always welcome! You can … Continue reading "DFA Live Q&A : Complacency Before The Storm, Or The New Norm: With Tony Locantro…"

More coherence from our property insider as we continue to debunk some of the property myths, and focus in on the data. This week, we touch on official and unofficial scams… http://www.martinnorth.com/ Go to the Walk The World Universe at https://walktheworld.com.au/ Today’s post is brought to you by Ribbon Property Consultants.

Property owners from Sydney’s infamous, evacuated and faulty Mascot Towers development have until March 20th to react to the NSW government’s multi-tier approach to compensation. The 132 residential and nine commercial owners of the inner-south apartment block have a chance to walk away from the legal and financial nightmare since the towers were evacuated in … Continue reading "Life Lessons From Mascot Towers Leaky Lifeboats!"

This is our latest weekly market update. Formulated by the German physicist and Nobel laureate Werner Heisenberg in 1927, the uncertainty principle states that we cannot know both the position and speed of a particle, such as a photon or electron, with perfect accuracy; the more we nail down the particle’s position, the less we … Continue reading "The Market’s Uncertainty Principle…"

Buy Now Pay Later loans are finally being finally recognised and regulated as a form of credit, despite the industry saying they do not provide credit. But as I have said before, if it quacks like a duck and swims like a duck – it’s a duck.Given that up to one third of households have … Continue reading "Duck Shooting Season For BNPL?"

Robbie Barwick and I parse the latest from the Regional Banking Inquiry. The Senators are on the scent now, and Bankwest got a right pasting… Here’s the press release this is from: https://citizensparty.org.au/media-releases/bankwest-betrayal-west-aussies-test-government Here’s the details. What you can do: Call and email WA Labor MPs to demand they stand up to BankWest and CBA … Continue reading "Only A People’s Bank Will Tame The Savage Beast: With Robbie Barwick"

The ABS says the total value of residential dwellings in Australia rose by $196.8 billion to $10,397.1 billion in the past quarter. But these gross values are misleading because they are not equally distributed across all households. To illustrate this, I extracted current value data from my household surveys and created a distribution chart across … Continue reading "Are You Feeling Wealthy?"