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Walk The World
Australia
Registrace 20. 11. 2013
Welcome to the Digital Finance Analytics CZcams Channel. Hi, I’m Martin North the curator. If you’re after intelligent insight which is independent and data driven on Australian Finance and Property you’ve come to the right place. Whether you own property, are thinking of buying, are a saver, or just a user of financial services, you will find our content immediately relevant.
On this channel we review the latest news, using data from own household surveys, information from public sources and private industry data via our unique modelling. Each week we summarise the latest events, via the Property Imperative, and in addition add regular commentary on all the critical issues as they develop. Plus, we have a growing community of informed followers who debate the highlights, and add their own perspectives to enrich the mix. I’m Martin North, Principal of Digital Finance Analytics, do subscribe to receive regular updates.
On this channel we review the latest news, using data from own household surveys, information from public sources and private industry data via our unique modelling. Each week we summarise the latest events, via the Property Imperative, and in addition add regular commentary on all the critical issues as they develop. Plus, we have a growing community of informed followers who debate the highlights, and add their own perspectives to enrich the mix. I’m Martin North, Principal of Digital Finance Analytics, do subscribe to receive regular updates.
The Australian Monetary Policy Civil War: With Tarric Brooker
In my latest Friday chat with journalist Tarric Brooker, we look back at the recent stoush between the Reserve Bank and the Government as inflation remains sticky, and the Treasurer says Government spending is helping to bring inflation down.
Plus, thanks to Tarric's excellent slides we parse the latest data and delve into the mechanics of high migration, home prices, and falling real GDP per hour worked.
You can see the slides here: www.burnouteconomics.com/p/dfa-chart-pack-6th-september
Here is the article Tarric referred to in the show: www.burnouteconomics.com/p/burnout-economics-and-aussie-household
www.martinnorth.com/
Go to the Walk The World Universe at walktheworld.com.au/
Find more at digitalfinanceanalytics.com/blog/ where you can subscribe to our research alerts
Please consider supporting our work via Patreon: www.patreon.com/DigitalFinanceAnalytics
Or make a one-off contribution to help cover our costs via PayPal at: www.paypal.me/MartinDFA
We also can receive bitcoins at: 13zBL1oRib9VJu8Uc9zUGNhxKDBBgUpDN1
Please share this post to help to spread the word about the state of things....
Caveat Emptor! Note: this is NOT financial or property advice!!
🚨BEWARE OF SCAMMERS🚨
As there are accounts impersonating Walk The World in the comments on CZcams, note that our comments will have a distinguishable verified symbol. And remember that we will never message you asking you to give us money or talk to us on other platforms such as WhatsApp or Telegram
Plus, thanks to Tarric's excellent slides we parse the latest data and delve into the mechanics of high migration, home prices, and falling real GDP per hour worked.
You can see the slides here: www.burnouteconomics.com/p/dfa-chart-pack-6th-september
Here is the article Tarric referred to in the show: www.burnouteconomics.com/p/burnout-economics-and-aussie-household
www.martinnorth.com/
Go to the Walk The World Universe at walktheworld.com.au/
Find more at digitalfinanceanalytics.com/blog/ where you can subscribe to our research alerts
Please consider supporting our work via Patreon: www.patreon.com/DigitalFinanceAnalytics
Or make a one-off contribution to help cover our costs via PayPal at: www.paypal.me/MartinDFA
We also can receive bitcoins at: 13zBL1oRib9VJu8Uc9zUGNhxKDBBgUpDN1
Please share this post to help to spread the word about the state of things....
Caveat Emptor! Note: this is NOT financial or property advice!!
🚨BEWARE OF SCAMMERS🚨
As there are accounts impersonating Walk The World in the comments on CZcams, note that our comments will have a distinguishable verified symbol. And remember that we will never message you asking you to give us money or talk to us on other platforms such as WhatsApp or Telegram
zhlédnutí: 2 677
Video
Worst Ever Great Idea: Australia IMPORTS LNG!
zhlédnutí 3,1KPřed 18 hodinami
I have been talking about the absolutely stupid Government policy of gas supply, as a few big multinational companies continue to pump and export gas owned by Australia abroad, using energy from said gas sufficient to support Australian need, in order to liquidity it for export. The stupidity stems from the lack of an east coast reservation approach (something which Western Australia has done w...
Kiwis See Average 16% Home Price Falls From Peak, But Hopium Ahead!
zhlédnutí 2KPřed 18 hodinami
In this show we look at the latest property data from New Zealand, from the REINZ and CoreLogic. The Real Estate Institute of New Zealand (REINZ) released its July 2024 data at the end of August. The national median price decreased by 2.2% year-on-year, from $770,000 to $753,000, and decreased by the same amount month-on-month. For New Zealand, excluding Auckland, the median price decreased 1.5...
Back To The Recessionary Side Of The Ship!
zhlédnutí 1,6KPřed 20 hodinami
After reaching highs last week, stocks posted their worst day since the Aug. 5 market meltdown, after the US Monday holiday, with the S&P 500 falling more than 2%, because with the FED rudderless and data dependant, markets reacted to signals things might not be going well. Marking the start of a busy week for economic data, a report showed US manufacturing activity shrank in August for a fifth...
Smashed!
zhlédnutí 14KPřed 20 hodinami
Well now we know. Australia’s annual GDP growth rate fell to its lowest level since December 1991, outside of the pandemic as consumers hunkered down in the face of elevated borrowing costs and stubbornly sticky inflation. Annual GDP growth has slowed markedly from a decade average of 2.4%, partly due to the RBA’s rate tightening campaign through 2022-23 to rein in inflation. The cash rate is c...
DFA Live Q&A HD Replay: Investing Now: With Damien Klassen
zhlédnutí 684Před 22 hodinami
This is an edited version of a live discussion with Head of Investments At Walk The World Funds And Nucleus Wealth, Damien Klassen as we review the past volatile month and talk about what is ahead for the markets. Original show here with chat: czcams.com/users/liveSSvtwrLRNEw www.martinnorth.com/ Go to the Walk The World Universe at walktheworld.com.au/ digitalfinanceanalytics.com/blog/dfa-one-...
Its Edwin's Monday Evening Property Rant!
zhlédnutí 3KPřed dnem
In this weeks show we highlight the link between Government policy and home prices (rather than the economic theory of supply and demand), touch on the risks of renovations, as costs spiral and look at the latest listing and price trends as we move in the spring selling season. Edwin Almedia, our property insider says, Melbourne is a bellwether. We will see. www.martinnorth.com/ Go to the Walk ...
Why Rate Cuts Won’t Come Soon To Australia...
zhlédnutí 10KPřed dnem
Why Rate Cuts Won’t Come Soon To Australia...
Markets Gain Ground Despite Choppy Trading!
zhlédnutí 508Před dnem
Markets Gain Ground Despite Choppy Trading!
Putting People First: With Senator Gerard Rennick
zhlédnutí 3,4KPřed dnem
Putting People First: With Senator Gerard Rennick
The Mortgage Stress Pigeons Coming Home To Roost!
zhlédnutí 6KPřed dnem
The Mortgage Stress Pigeons Coming Home To Roost!
The Latest Inflation News Says We Still Have A Problem!
zhlédnutí 2,2KPřed dnem
The Latest Inflation News Says We Still Have A Problem!
DFA Live Q&A HD Replay: Asset Inflation, Rate Cuts & Crypto: With Adam Stokes
zhlédnutí 703Před dnem
DFA Live Q&A HD Replay: Asset Inflation, Rate Cuts & Crypto: With Adam Stokes
Is Property Springing Into Life, Or Catching A Cold?
zhlédnutí 2,5KPřed dnem
Is Property Springing Into Life, Or Catching A Cold?
Rate Cuts Incoming: But Be Careful What You Wish For!
zhlédnutí 5KPřed dnem
Rate Cuts Incoming: But Be Careful What You Wish For!
The Real Truth About The Wealth Of Nations: With Bruce Francis Schaafsma
zhlédnutí 1,8KPřed 14 dny
The Real Truth About The Wealth Of Nations: With Bruce Francis Schaafsma
Austerity By Design: Who’s Taking The BIS? With Elisa Barwick
zhlédnutí 4,8KPřed 14 dny
Austerity By Design: Who’s Taking The BIS? With Elisa Barwick
Is Melbourne The Property Problem Child?
zhlédnutí 3,1KPřed 14 dny
Is Melbourne The Property Problem Child?
DFA Live Q&A HD Replay: Deep Insights Into The Property Market With Spachus
zhlédnutí 1,1KPřed 14 dny
DFA Live Q&A HD Replay: Deep Insights Into The Property Market With Spachus
Its Edwin's Monday Evening Property Rant!
zhlédnutí 3,3KPřed 14 dny
Its Edwin's Monday Evening Property Rant!
You Asked, We Answered: More Households In Financial Stress!
zhlédnutí 3KPřed 14 dny
You Asked, We Answered: More Households In Financial Stress!
Return To Plan A (For Now) Says The Market As New Data Swings!
zhlédnutí 1,3KPřed 14 dny
Return To Plan A (For Now) Says The Market As New Data Swings!
The Narrow Path Is Beset With Uncertainty!
zhlédnutí 1,4KPřed 21 dnem
The Narrow Path Is Beset With Uncertainty!
Australian Employment Booms Even As Unemployment Rises!
zhlédnutí 2,7KPřed 21 dnem
Australian Employment Booms Even As Unemployment Rises!
Kiwis Get A Rate Cut As The Reserve Bank Pivots!
zhlédnutí 1,8KPřed 21 dnem
Kiwis Get A Rate Cut As The Reserve Bank Pivots!
DFA Live Q&A HD Replay: Property Sandcastles And Other Myths: With Leith van Onselen
zhlédnutí 2,8KPřed 21 dnem
DFA Live Q&A HD Replay: Property Sandcastles And Other Myths: With Leith van Onselen
Its Edwin's Monday Evening Property Rant!
zhlédnutí 3,2KPřed 21 dnem
Its Edwin's Monday Evening Property Rant!
Mapping Household Financial Pressure From July 2024
zhlédnutí 1,7KPřed 21 dnem
Mapping Household Financial Pressure From July 2024
A country where all people talk about is iron ore and houses, how bloody sad is this place. We like being 1st for everything for all the wrong reasons. Education 128th, Qantas 24th, Virgin 17th, Debt per capita 1st and all taxes 1st. But please sir can we have some more. Albo/Greens are determined to destroy what's left of our country before May 25. What's amazing is you all watch tents go up, your not real Australians at all.
I remember thinking back in the very early 2000s when the house next door to my parents in Leichhardt NSW sold for what seemed like an incredible price, something is wrong. I was 18 or so. Now at 40, living in Germany (partly because I want a life that isn't dictated by a preposterous mortgage and all the choices that takes from you) it is great to cook at home and listen to two honest sharp guys tell us very clearly what's is going on. I have been telling my dad (he is in his mid 70s and has at least 3 empty properties in the Inner West) that there is a Ponzi scheme in Australian property that is transferring wealth from young to old. He laughs and says nothing beats inflation like land banking Sydney property. And after being gaslit by government and the media, I'm very thankful for your channel and to have my own thoughts illustrated with such detail and insight!
The government is fundamentally broken in so many areas with various powerful Lobbying groups having completely captured our bureaucratic power system. Created through special Advisory Committees (all overpaid) local councils and state governments which have a myriad of Boards and ceos and sub ceos on fantastic wages spending untold billions literally in “infrastructure “ that is not required and leaving that which is required to be found in a state of deterioration.
The fall in NZ property market, is that due to interest rate hike or abolishing negative gearing?
Thanks guys great content :)
Our pleasure!
Mortgagees can still:- 1. Sell a car 2. Take $10k out of Super (hardship) 3. Refinance 4. Move in family 12 months, rent house 5. Take kids out of private school 6. Holiday at home 7. 2nd jobs 8. Move interstate 9. Early inheritance 10. Sell, move overseas
Your list assumes way too much.
1:16: The difference between the share market and the property market is stark. Property prices have absolutely wiped the floor with equities. No wonder Aussies are going 'all in' on property investing. Seems to be so many, who think this thing is just getting started. And the horrifying part is, they may be right.
WTF. What more can you say. We’ll never get invaded for our resources. We give it away. Then we make $368 billion donations to the MIC of the country we’re giving it away to.
Do you guys agree that a civil uproar demanding that we abolish the two party system, and instead have a least 8 united parties that run our infrastructure individualy yet accountable as per the whole. We have so many great leaders out there that are always knocked back. Are our elections tainted like Americas was? I am 65 and never seen Australia, The Wealthy Country, so broke. The average worker and family are being driven into tents while our government corporation of two twins sends all our taxes too foreign investments or so called donations, or unknown partnerships in building secret things! They have got go, they are evil through. Pauline, Babet, Rennink, the great Australian party etc, and all the united and independent fresh warriors for truth, and for the peoples rights and needs to be at the top of the list and not these thieves!
Be careful with comments. They don't align with Misinformation and Disinformation political agenda
Hello Martin and Tarric 🙂
HI
Interest rates are going to rise just as I said they would.
NZ housing prices becoming more affordable is good news. Hopefully we will get this good news here, after 4 to 5 years of very bad news.
6th September 2024, and I did a couple of drives across Brisbane. The economy looks like it absolutely booming. The traffic! Flipping heck, what do good times look like? Not to mention 16% annualized house price growth. I feel like the only one who's not rich.
1:12:12 nailed it
The” riots” were protests with some destruction of public property. It’s one austerity programme after another here. Everything seems to be quite at the moment. More immigrants but less house building….
The” riots” were protests with some destruction of public property. It’s one austerity programme after another here. Everything seems to be quite at the moment.
China economy is not just realestate, they dont have a homelessness problem like USA and Aus. They do have some speculation problems because they dont have huge manipulated stock market like USA. Ever ask why USA stock market been going up but their living standards declining and USA even borrows from China ? Stock and inflated housing bubbles dont increase lving standards it suck future wealth. Why Aus keeps complaining about China rise or collapse? Just trade with " world's number one USA economy "? Seeking scapegoats for failures in Aus central planning.
So what is wrong with interest rate at 20%? I would like to see that. What is the matter " strong and Capitalist developed economies" lol. What is the matter ? Been living in credits and drowning in debt? Time to pay.
The RBA buys up bonds and mortgages, hikes the price of money, while telling everyone else to curb demand and reduce inflation When will people see through the deception?
🚬
You are probably the most decent Australian I (an immigrant) have come across.
Love Tarric
Too damn close to the screen! Lmao
US national debt $35,350,255,000,000. $60 billion added since last night. A 5th grader can see the disaster coming. USA, UK, EU, Australia.......all led by the nose by Central banks... to the death of the people. Of course the question is why? Two reason (i) the Central banks are privately owned (whatever they say) and make Trillions as taxpayers pay back the debts and (2) when it all collapses under the wight of that debt, "they" propose and implement the "Reset". Guess who that benefits? Answer: there is a total of 100,000 of them and 9Billon of us. Got it?
The productivity of government workers is often very difficult to determine. Also government worker activity often cause there to be a need for increased number of workers in the private sector who are not contributing to the production of goods and services. Many workers in semi government sectors such as teachers, are also in areas where there is very little in the way of increased productivity. The recent decline in Australian productivity could continue for longer than people may expect.
So long and thanks for all the fish! I'm selling my house in Perth and quitting the mining industry where I have worked for nearly 20yrs now. Australia is cooked. I'm going where I am treated best.
Which is where?
Yes! This is what I want to do. Agreed this country is cooked.
You might find that Nomad Capitalist is almost landing on one if those atolls in the South China Sea shortly to become a defence base....but ya know it's tax free....anyway, try Europe it's selling pretty cheap and Russia is preoccupied on beating Turkey rebuilding the Ottoman Empire vs China claiming the bits Than this Khan wanted! How's that for esoteric. Catch you up there in a few years for a croissant
half the country is on the hamster wheel the other half is slowly burning money on the inflation bond fire , Albo’s migration
Howdy Martin. Despite now residing in the UK you are still bringing the best Australian economic news on CZcams. Together with Tarric you guys are killing it. Saw it reported on ABC News earlier this week that Perth had something like a 30% annualised increase in house prices and Adelaide is going to the moon too. How on earth can they cut interest rates in this environment?
Thanks, appreciated. I agree, the latest credit data and price data signals cuts later...
$60billion investor mortgages Jan-June 2024 (Lending data, ABS) and I'm guessing RBA can see it's going ⬆️. So they are not judging. Aside from that pretty much everyone have:- Refinanced Gone interest only Riding the arrears Sold a car Used hardship to crack super Renting house, living with family Lots of other ways We haven't gone high enough because Investors aren't scared at 7% or are getting 5% with equity or other deals. Agedcare becoming uncapped lifetime contribution +$40k and threats of private hospital funding regressing = public waitlist isn't impacting in consumer psyche yet. Let's what other trapdoors they pull next.Taxing Trusts as Companies. Land Tax nationally. GST 15%. Consumption taxes. Remove the 6 Year Rule. 🤫
High house prices are not wealth, they are a wealth transfer mechanism from the younger to the older generations.
Absolutely. And a massive anchor on the rest of the economy that produces actual things
Tarik ONE. ... people aren't spending Super lump sums to get the pension as much as they are looking for $1 of pension to get health care, travel, household assistance, registration etc benefits. TWO ... Australia sells food and commodities to China, buys manufactured goods from China, we complement each other. Then Australia stands next to America and like the puppet it is threatens China re navigation, Taiwan, human rights etc ... and can't work out why China sources alternative trade partners. 😊🇦🇺
Jim Chalmers trying to separate RBA from the Australian Parliament, RBA Reforms Bill, section 11, from 1959 Act & placing a Public Interest Clause (so Parliament can gaol people for speaking out), cited The Citizens Report, 5.9.24, WEF, 'Build to Rent Scheme', Labor, Globalists
Australia's economy is 8th or less on the world scale so this needs to be taken into accoubt.
When everyone works for the government where do they get the money from?
Bond?
Great chat fellas, storm clouds gathering.
Glad you enjoyed it
Been looking forward to this
I pay more tax than Exxon Mobil 😢
Great talk Martin and Tarric thanks 👍
Our pleasure!
Democracy does not contain any force which will check the constant tendency to put more and more on the public payroll. The state is like a hive of bees in which the drones display, multiply and starve the workers so the idlers will consume the food and the workers will perish. --Plato
Great Talk Gentleman, and speaking such Truth...
It is all smoke and mirrors, just like the parliament where it is all pretent, like professional wrestling a sham act.
The only answer both major parties have is excessive population growth via immigration intake at the expense of the standard of living!
That horse is already being flogged to death,
Decline in living standards not because of immigration but Centeal bankers policies and laziness that dont manufacture much of anything. The policians and central bankers policies have been inflating the bubbles.
Are you all cognitively feeble? Having a natural resource in the ground doesn't automatically mean you are the best person to deliver it. The United States has massive deposits of Lithium, but where do they get theirs? Australia. Why? Because we have better quality ore and have a better supply chain. How is LNG any different? We never had the world's best LNG supply chain (that's the US), and it would be foolish for us to invest in it further as its projected price is diminishing. Right wingers often boast about being "serious" about economics, yet fail to apply basic economic principles in even the most simple situations such as this. Natural Gas can't just magically teleport from the ground to a customer's silo just because your feelings are hurt.
I worked at Barrow Island Chevron is raping the gas reserves for their own profit whilst we get penalised for using it. The govt gave them permission to build a gas plant on an A1 nature reserve Extraordinary when no one ele would be permitted to do so But Corporations dictate to govt and the weasel govt we have enforces their policies
Thanks for your comment, so true. Madness...
@WalkTheWorldDFA I watch your videos regularly This country is so corrupted now it's hard to see a way forward Keep up the good work you do on our behalf
The public service employee's are spending.
Recycled tax money artificially propping up the economy, the private sector is being smashed to oblivion.
They won't be soon when they realise their superannuation is 30% unfunded liability (ANAO, 2022).
Absolutely brilliant. Content is all historic data, facts, and the concepts have been demonstrated as effective. Legislation appears to be required to guarantee the basic needs of Australians will be delivered. And to eliminate the impact of the inhumane wealth vote. The government needs to be enabled to deliver reform. Thankyou both for this insightful production.
You are very welcome!
The early warning signs are in full sight for the Perth property market. Arcadium Lithium announced it will close down the Mt Cattlin lithium mine resulting in 300 jobs to be lost. This takes the tally to 8000 jobs lost in the WA mining sector since last year after redundancy announcements from BHP, Rio, Mineral Resources and FMG. This will eventually dampen demand in the Perth market. Also with iron ore projected to hit $80/tonne, further job cuts in the iron ore sector could still arise.
Climate change con. the gift that keeps on destroying economies - UK and Germany destroying themselves for this.
Add in car price inflation and it’s far from surprising
Population growth with adult age temporary and education immigrants of course explains car loan demand. It’s not rocket science
US daddy wants to sell, you better buy
I thought Madeleine King was against an East Coast domestic gas reservation policy. It’s Labor and greens policy to oppose new gas fields in order to force renewables upon Australia. Exporters are happy with this as they’d prefer to export all of it. Neither they nor our own government give a shit about Australians being unable to pay inflated international prices for their energy needs. They’re a bloody disgrace and this needs to be front and centre at the coming elections!