Tag Archives: Australian Housing Bubble

Housing Finance falters

March 13, 2012

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Originally posted on puntersperspective:
The Australian Bureau of Statistics released the latest housing finance figures today and they were disappointing however not unexpectedly so. Australia’s housing finance figures had steadily improved over the second half of 2011 which led some to call a turnaround in the housing market which had been under pressure for some time.…

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Australian Tipping Point? – Data is deteriorating rapidly

September 1, 2011

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Intellectually we like being right – that is the point of why we spend so much time investigating economies and markets and putting strategies and thoughts into practice. But the uncomfortable truth of the outlook at the moment is that there is no joy in seeing the Australian economy head in the direction that we […]

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Unemployment rises – Australian economy softening further

August 11, 2011

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We are assiduous followers of the NAB Business survey and the Westpac Consumer survey and their respective sub-components. If we were locked out of all other data we are certain these two surveys could point us in the right direction in terms of reading the Australian economic tea leaves. Unfortunately the tea leaves have been […]

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RBA Day – Don’t Hike.

August 2, 2011

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One month’s meeting should never really matter given the leads and lags of monetary policy and the impact on the economy. This is certainly the case when the only reason for a move is that you have an acceleration in inflation based on one-off factors or factors that interest rate moves will do nothing about. […]

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RBA doesn’t get it yet – spending drought continues

July 27, 2011

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Glenn Stevens spoke to the Anika Foundation yesterday with a speech called “The Cautious Consumer” and I hate to be a stick in the mud but I reckon he tried to explain why consumers are doing what they are doing but at his and the RBA’s core they just don’t get it.  The RBA is still tied into the idea that incomes are rising […]

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Housing shortage furphy

July 8, 2011

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This is a piece I have wanted to write for some time but never could quite get around to it. But I’m sitting at Melbourne Airport waiting for a plane back to Newcastle and I have stumbled across a really good article that Dr Ed Shann has written on News.Com (H/T Prince over at MacroBusiness) […]

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Housing and Finance in Australia…more weakness to come.

June 30, 2011

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We all like our stories to have happy endings and your blogger prefers to write upbeat pieces rather than the negative fare we have been serving up of late. But the reality is we can only deal with the economy we are given. So it is today that we got some data in Australia that suggests […]

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Ohhhh, please…Australian interest rates are not going to the moon

June 28, 2011

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The global economy stands on the precipice once again. I have to believe that European politicians will find the resolve to fix the situation by guaranteeing Greece’s debt or finding some other work around but I also believe that the weakness in the global economy is a return to post-crisis trend rather than a soft patch that […]

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RBA Minutes very Dovish – rates on hold

June 21, 2011

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The RBA minutes have just been released and they are very dovish and reveal that there is “no urgency” to tighten as the RBA concedes that “activity is quite subdued” in some parts of the economy. I will post a full thoughts on this later but for now these minutes imply the hurdle for an […]

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Why Greece Matters

June 17, 2011

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There is some action in the Blogsphere today and in the Main Stream Media (MSM) about Greece not mattering. One of the Guys over at Business Spectator is saying Greece is irrelevant because it equates to only 0.5% of the global economy. Even Michael Pascoe over at BusinessDay has joined the fray arguing that the […]

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