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Showing 61 - 70 of 192 results for "Property prices"

Chief economist update: Cut it, cut it now

BENJAMIN ONG  |  THURSDAY, 21 FEB 2019
... rein in their spending quite a bit." Note that Luci's speech was delivered before the decline in Australian property prices hasn't yet gained momentum.

Chief economist update: Time for an RBA shift to neutral

BENJAMIN ONG  |  MONDAY, 4 FEB 2019
... index, among others - are equally foreboding. So is the fast accelerating momentum in the decline in Australian property prices, led by Sydney - down 9.7% in the year to January (CoreLogic RP Data Home Value Index) - and Melbourne - down 8.3%. Not only ...

Royal Commission to suppress bank stocks

KARREN VERGARA  |  MONDAY, 4 FEB 2019
... Inevitably, this will also flow into the housing market. A sharp deceleration in credit growth would also affect property prices - which has the effect of a "negative feedback loop." There'll likely be more distressed selling and bad doubtful debts ...

Chief economist update: Anatomy of an RBA rate cut

BENJAMIN ONG  |  WEDNESDAY, 30 JAN 2019
... household indebtedness could limit spending to the bare necessities. More so because the wealth effect from rising property prices has turned negative....with indications for more price drops. Add to these the dimming picture of the global economy (especially ...

Chief economist update: Bring on Aussie dollar depreciation

BENJAMIN ONG  |  THURSDAY, 24 JAN 2019
... (versus its previous forecasts that it would remain steady at 1.5%) due do the accelerating decline in Australian property prices. It's logically rational that's also consistent with weakening global growth -- in particular, China -- and its ...

Chief economist update: Don't buy now, Australian property will be cheaper

BENJAMIN ONG  |  WEDNESDAY, 23 JAN 2019
... incipient slowdown in China and global economic growth. They're now becoming full-bloom. Note that Australian property prices weren't in meltdown mode back then. They are now! Fresh data from the Housing Industry Association (HIA) adds to those ...

Chief economist update: Australian property market slump

BENJAMIN ONG  |  FRIDAY, 18 JAN 2019
... an interest rate cut at this point in time before the roof falls on property. Homebuyers can afford to wait for property prices to come down some more, the RBA cannot.

Chief economist update: Safe as burning houses

BENJAMIN ONG  |  MONDAY, 14 JAN 2019
... The US sub-prime crisis (circa 2008-2009) showed us this is no longer the case. The continued drop in Australian property prices provides a warning sign that it could be our turn soon. Pardon moi, I didn't mean to sensationalise but I got my cue ...

Hiring continues but wage growth under pressure

KARREN VERGARA  |  WEDNESDAY, 9 JAN 2019
... Royal Commission into the banking sector has failed to significantly affect hiring intentions while the decline in property prices across the country has also failed to dent the employment outlook across the sector, ManpowerGroup said. The mining and ...

Why the RBA has reason to cut rates in 2019

BENJAMIN ONG  |  WEDNESDAY, 9 JAN 2019
Our resident chief economist explains why the continued drop in property prices could force the RBA to defy consensus and cut rates. First, some global context. US Federal Reserve has hinted that it will be more dovish with regards to monetary policy ...