Finance Sector Analyst and Principal Digital Finance Analytics

Sydney Australia
Joined December 2013
Posted a quarterly and monthly chart deck on LinkedIn at below link. Arguably you only need one see below. RBA should be hiking in November on this to head off the "materially worse" inflation outlook it fears. lnkd.in/p/giT54VKC
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Kudos to Warren for rightly calling the Australian inflation cycle, one of the relatively few to get it right 👍
Inflation update: the September and September quarter numbers a touch stronger than expected and much higher than the RBA’s last projections (August). Headline inflation above 4%. Core inflation above 3.5%. Pretty much locks in a 25bp hike next week. Probably doesn’t add to chances of a 40bp move or a third hike in December. There is some good news in the latest data but it is swamped by the bad news. The most positive element of the latest inflation numbers is the easing in housing related price pressures. New dwelling costs and rents coming off reflecting the slump in demand for housing this year (both dwelling sales and the small lift in rental vacancy rates). If this continues it bodes well for some easing of core inflation pressures in 2027. The bad news is signs of a lift in the inflation pulse in 2026. Domestic market services is accelerating while the share of CPI basket items rising by 3% or more has risen to 2 year high of 70%. The economy is slowing, housing markets are soft and the unemployment rate is rising. But the RBA has no wiggle room. Inflation expectations are slipping above their target and cost pressures are showing few signs of easing. Their best bet of getting ahead of inflation would be to hike to 5% next week with a 40bp hike. They won’t despite their concerns voiced in a number of public forums over the past few months. Unfortunately, we are going to have to live with inflation for a bit longer. And further rate hikes in 2027 cannot be ruled out.
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DFA Audio: DFA Live Q&A: Are Falling Home Prices The Canary In The Economic Coalmine? With Leith van Onselen digitalfinanceanalytics.com/…
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Martin North retweeted
As the Fed's two-day meeting gets underway, here is market pricing via Bloomberg for rate hikes (chart). This includes a very low (~10%) probability of an October move and a high (~80%) probability of one priced in for December. #economy #markets #federalreserve #centralbanks
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Martin North retweeted
Victorian government debt binge is crazy - ignore the made-up "net" numbers, the only thing that matters are the gross, or actual, debt figures...In 2019 Victoria’s public sector owed $54bn. By 2028 it will owe $257bn. That is $34,500 for every man, woman and child in the state, up from $8,200. The interest bill alone hits $8.9bn a year in 2026-27 and $11.8bn by the end of the decade. NSW is not far behind: $59bn to $243bn, or $27,300 a head. Queensland goes from $68bn to $184bn, $30,900 a head once you count its state-owned power and water companies. Three states, half a trillion dollars of new debt in under a decade, and the projections still have the lines pointing up. Someone has to pay for this, and it will be the next generation of taxpayers. Figures are non-financial public sector borrowings at 30 June, from state budget papers and audited outcomes; 2026 to 2028 are budget projections. #StateDebt #Victoria #NSW #Queensland #AustralianEconomy #Budget #Debt
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Going Live 8pm Sydney. DFA Live Q&A: Are Falling Home Prices The Canary In The Economic Coalmine? With Leith van Onselen In this live show we ask some hard questions about the current dramatic falls in home prices, and whether this is a signal of a greater malaise in Australia's Economy. If so, what can be done about it, and how should households prepare for a potential recession? I will be joined by Chief Economist Leith van Onselen from Macrobusiness and Nucleus Wealth. You can ask a question live. youtube.com/live/Z7LJfi-pyc0 youtube.com/live/Z7LJfi-pyc0
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DFA Audio: It's Edwin's Monday Evening Property Rant! digitalfinanceanalytics.com/…
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Martin North retweeted
RBA Nov hike priced at 66.7%, a new cycle high.
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Martin North retweeted
“He’s got the White House looking like Saddam Hussein opened up a Cheesecake Factory" Obama just spoke to an ELECTRIC audience in Ohio, skewering Trump and Pete Hegseth and making the case that while we may be stuck with the same president for two more years, we are not stuck with a spineless do-nothing Congress Here are the highlights:
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DFA Audio: Rate Shadows Scares Buyers And Busts The Property Market Some More! digitalfinanceanalytics.com/…
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DFA Audio: Markets Hit By AI Storms As Energy Climbs And Confidence Falls! digitalfinanceanalytics.com/…
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