Digital Finance Analytics (DFA) Blog

An important update relating to the Section 11 power at the RBA with Robbie Barwick from the Citizens Party. In some really good news, it appears this change will be resisted in Parliament, so we explore how this came about, and the broader issues which this whole episode represents. Yes, the democracy sausage is indeed … Continue reading "RBA Update: Is The Democracy Sausage Still Sizzling? With Robbie Barwick"

The CPI data out today was meaningless, in terms of guiding a rate cut decision. So today I will explain why this is the case, as we go over the numbers. Alongside the main release, there was a second report on revised weights which were applied. The Australian Bureau of Statistics (ABS) released its monthly … Continue reading "Inflation Drifts Lower For Now, But…"

DFA released its report for January several weeks back, and confirmed a further rise in mortgage stress. In our show on this important issue, we also discussed the different methods used to assess mortgage stress. Now new research from Roy Morgan confirms our findings. They say their research shows 1,609,000 mortgage holders (31.0%) were ‘At … Continue reading "Another Confirmation Of More Mortgage Stress!"

This is an edited version of a live discussion about the current state of play of crypto as it becomes morphed by major financial services players thanks to spot EFT’s and other developments. I am joined by Adam Stokes who says those who don’t understand crypto, don’t understand money. Those who don’t understand money, are … Continue reading "DFA Live Q&A Replay: The Mainstreaming Of Crypto? With Adam Stokes"

More from our property insider, Edwin Almeida, as we look at the latest in property news across the rental and sales markets. The rental sector continues to weaken, even as properties listed for sale rises, but Sydney and Melbourne are headed in very different directions. https://www.ribbonproperty.com.au/ http://www.martinnorth.com/ Go to the Walk The World Universe at … Continue reading "Its Edwin’s Monday Evening Property Rant!"

CBA recently published research showing that more housing was unaffordable, and that was based on two full incomes going to pay the mortgage. Now another report from Domain and Unloan shows that aspiring house buyers in Sydney are indeed largely priced out from the cheapest segment of the market after interest rates and home prices … Continue reading "First Time Buyers Dudded, Again!"

Sparked by Nvidia’s latest blowout earnings report, stock surge and general excitement about a “tipping point” in generative artificial intelligence, Thursday was the best day in more than a year for Wall St’s main stock indexes. And the S&P 500 and Dow Jones Industrial Average eked out another closing record high on Friday, with all … Continue reading "AI Feeding Frenzy Creates A Headache But The Stock Market Is Not The Economy!"

This week the Senate held hearings into the proposed changes to the way the RBA works. The original review was led by three Technocrats included a recommendation to remove the overrule power. This power specifically, section 11 of the Reserve Bank Act 1959 enables the federal treasurer to “overrule” an action taken by the Reserve … Continue reading "A Question Of Democracy!"

It was a confusing day on the markets on Thursday as AI related Stocks drove higher on Nvida results, while weak purchasing managers index (PMI) readings from Australia and Japan, together with FED signals for higher rates for longer saw Asian traders favour the dollar, as business activity in both countries slowed through February. NVIDIA … Continue reading "Winners And Losers: AI Versus PMI"

The RBA minutes just out included a discussion about the case to raise the cash rate further. It centred on the observation that it would take some time for inflation to return to target and the labour market to full employment. Inflation was expected to take a further two years or so to return towards … Continue reading "Property: The Dark Truth Politicians Don’t Want To Hear!"