Vulnerable

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

Worker exploitation: an epidemic within a pandemic | AMP Capital

Worker exploitation: an epidemic within a pandemic In the wake of the global economic shutdown, unemployment figures are capturing the attention of most analysists. But the headline figures mask a stark reality – for some who remain in the ranks of the employed, the global pandemic is ushering in a new period of hardship at work. As our head of sustainable investing, Emily Woodland, touched on in a piece last month1, around the world, COVID-19 …

FinancialPartners 27/05/2020 27/05/2020 Blog / E - Economics / E - Insights Papers / FP - Financial Planning chains / exploitation / Global / heightened / rising / Risk / supply / Unemployment / Vulnerable / Workers

Are young families the most vulnerable as house prices head lower?

Are young families the most vulnerable as house prices head lower? The long-term rise in Australian home prices has led to a huge inter-generational transfer of wealth from the young to the old. A material reversal in property values will go some way to unwinding this, creating winners and losers amongst the generations. Australia has long had a love affair with home ownership, which is illustrated by the strong growth in residential prices over the …

FinancialPartners 01/10/2018 01/10/2018 Blog / E - Economics / E - Market Update / FP - Property & Real Estate Are young families the most vulnerable as house prices head lower? / families / head / house / lower / most / prices / Vulnerable / Young / young families

Are Australian households more vulnerable than we think?

Are Australian households more vulnerable than we think? A lot has been said and written about Australia’s household debt levels and possible implications on the banking system and the economy more broadly. But could Australian households be even more constrained than the headline numbers are suggesting? Michele Bullock, the Reserve Bank of Australia’s Assistant Governor, highlights the stresses households will likely be facing well before any rise official interest rate materialises in this speech. Bullock points …