compared

Econosights: Three reasons why Australia is more vulnerable to higher rates | AMP Capital

Econosights: Three reasons why Australia is more vulnerable to higher rates Key points Australian consumers are more vulnerable to interest rate rises compared to our global peers because of : 1) higher levels of household debt; 2) a higher share of variable rate mortgages and even those on fixed-loans only fix for a relatively short period of time; and 3) a large share of recently fixed mortgages are due to expire in the second half …

FinancialPartners 21/09/2022 21/09/2022 Blog / E - Economics / E - Insights Papers / E - Market Update / E - Oliver's Insights / FP - Financial Planning Australia / compared / consumers / Econosights: Three / harder / higher / impact / Interest / more / rate / rates / Reasons / rises / some / Vulnerable / Why / Will

Econosights: The importance of domestic tourism for the Australian economy

Econosights: The importance of domestic tourism for the Australian economy Key points Domestic tourism is worth more to the Australian economy (at over 4% of GDP) compared to how much international tourists bring into Australia (at 1.3%). And, Australian spending on overseas trips is worth twice the value of international tourist spending within Australia. So, there is potential to offset the loss of activity from international tourism (especially if the borders stay closed through …

FinancialPartners 27/01/2021 28/01/2021 Blog / E - Economics / E - Insights Papers / E - Market Update / E - Oliver's Insights / FP - Financial Planning (much / Australian / compared / Domestic / economy / International / more / over / Tourism / worth

What do July’s strong building approval numbers say about Australia’s growth prospects? | AMP Capital

What do July’s strong building approval numbers say about Australia’s growth prospects? Building approvals in Australia surged by 12% in July, up 6.3% compared to a year ago. This was a much stronger result than consensus expectations of a fall in the order of 2%, and follows a run of better than anticipated numbers since April’s low point. As an important leading indicator of national construction activity, and with implications for the lending sector as …