Tags » 1.Market Observations

22 Feb 2018 (TheAge) - Hot housing lifts profits for nation's biggest developers

(22 February 2018, The Age, Business, p27, Simon Johanson)

‘Sydney and Melbourne’s heated real estate prices have buoyed the country’s biggest diversified property developers, helping deliver strong profits despite weak retail conditions and record levels of household debt. 23 more words

1.Market Observations

22 Feb 2018 (TheAge) - Wages flatline for 10 million Australians despite small general lift

(22 February 2018, The Age, p5, Eryk Bagshaw)

‘Ten million Australians working in the private sector are getting pay rises that are neck-and-neck with inflation, while the pay packets of professionals, miners and retail workers are going backwards compared to the cost of living. 33 more words

1.Market Observations

22 Feb 2018 (AFR) - Company earnings: Profit shocks spark day of wild moves - A2 Milk's surge helps ASX higher

(22 February 2018, AFR, p29, by Sarah Turner)

‘Australian shares scraped into the black on Wednesday, after a push-pull session where earnings drew extreme but contrasting reactions from investors.’ <snipped…> 175 more words

1.Market Observations

21 Feb 2018 (AFR) - High transaction costs: home sales below 10-year average, Corelogic says

(21 February 2018, AFR, p34, by Michael Bleby)

‘Tighter credit conditions and transaction costs have pushed housing transactions in Melbourne and Sydney below their 10-year average, CoreLogic head of research Tim Lawless says. 74 more words

1.Market Observations

21 Feb 2018 (AFR) - RBA pushes back against debt doomsayers

(21 February 2018, AFR, p3, by Jacob Greber)

‘The Reserve Bank of Australia has hit back at  warnings about the ability of debt-laden households to weather higher interest rates, expressing renewed optimism that wages growth will gradually firm and renew consumer spending appetites. 58 more words

1.Market Observations

21 Feb 2018 (TheAge) - RBA keeping close eye on 'pockets' of mortgage stress

(21 February 2018, The Age, p1, By Clancy Yeates & Eryk Bagshaw)

‘The Reserve Bank says there are “pockets” of financial stress among the highly-indebted household sector, and it is closely watching how customers with interest-only loans manage when they are required to start paying back principal over the coming years. 45 more words

1.Market Observations

20 Feb 2018 (AFR) - Melbourne and Sydney office rents to skyrocket

(20 February 2018, AFR, p39, by Larry Schlesinger)

‘Premium and A-grade office rents in Sydney and Melbourne are set to surge this year as corporate tenants compete for limited space in the country’s two top performing CBD markets, where vacancies site at just 4.6 per cent.’ 23 more words

1.Market Observations