Australian banks

The Reserve Bank of Australia (RBA) has released its private sector credit aggregates data for the month of June.

The Commonwealth Bank bubble is continuing to burst today, hitting new intraday lows today: The chart is quickly forming a bearish descending triangle as well, so if we see a decisive break of the high $97 support area then deeper downside opens up.

I recently picked the near top of the CBA bubble to start throwing pins.

CoreLogic leading mortgage index is a pretty good way to track what’s coming in ABS owner-occupier data.

The Australian mortgage market remained red hot in May, hitting new all-time highs according to new data released today by the Australian Bureau of Statistics (ABS).

The Reserve Bank of Australia (RBA) yesterday released household finances data for the March quarter of 2021.

Investigative journalist Anthony Klan has done a terrific job exposing regulatory capture at ASIC, which has reportedly turned a blind eye to Westpac ripping off 915,000 superannuation account holders of $1.65 billion.

APRA monthly banking statistics are out and show that investor mortgages are still some distance from triggering macroprudential tightening.

The Reserve Bank of Australia (RBA) has released its private sector credit aggregates data for the month of May.

Moody’s with the note: As economic recoveries proceed at different speeds and stages around the globe, there is rising interest about when normalisation of monetary policy will begin.

For the past month, I have been warning of the inflating Commonwealth Bank share price bubble.

It’s getting amusing.

Goodbye TFF, goodbye rock bottom mortgages.

Is the Commonwealth Bank now a tech growth stock?

For years I thought it would prove to be our downfall.

The AFR reported that the proportion of landlords negatively gearing rental properties fell to 58.6% in 2018-19, according to the latest Australian Taxation Office (ATO) statistics.

Another month has gone by and mortgage stress continues to grow, according to Digital Finance Analytics as reported in The AFR: “Many households in stress have less hours worked than they want, and no income growth.

UBS with the note: April home loans up-crash 86% since May; average OO loan jumps 20% vs Aug The housing market ‘up-crash’ is still accelerating.

On Friday, the Australian Bureau of Statistics (ABS) released data on new finance commitments, which showed booming growth in both owner-occupied and investor mortgages.