Changes are happening - please bear with us while we update our site.

Join Free
Log in

Changes are happening - please bear with us while we update our site. Click here to give us your advice and feedback.

Join Free
Log in

3 things that got the team at Firetrail talking this week

Picture of Eliza Clarke
Eliza Clarke
Picture of Eliza Clarke

Eliza Clarke

Eliza is an Investment Specialist at Firetrail Investments. Her primary responsibility is providing investment and portfolio insights to professional investors. Eliza also supports best execution, cashflow management, market intelligence and brokerage management. Eliza has over 10 years’ relevant industry experience across Asian and Australian markets. Prior to joining Firetrail, Eliza worked as a Manager, structuring equity financing solutions, at a global investment bank. Eliza holds a Bachelor of Commerce and a Master of Business Administration.
More analysis

1. Holiday season…

There’s been a lot of questions around the upcoming holiday shopping season and what this will tell us about the real state of global economies. The US Bureau of Labor Statistics (BLS) added up new jobs created in holiday season retail sectors, like electronics, clothing and general merchandise stores, and its showing retailers expect a weaker holiday season. The soft retail outlook is consistent with the growing inventories at many retailers.

Source: UBS, Apollo Academy

2. Riding the mortgage wave…

Total and required mortgage repayments as a share of household disposable income in Australia unsurprisingly rose again in Q3. Scheduled housing mortgage repayments in Australia are expected to reach ~10.5% of household disposable income (a new record high) by the end of 2024, assuming the cash rate holds steady at 4.35%.

And the National Australia Bank Ltd (ASX: NAB) result gave good insight into their mortgage book. The average variable borrower has seen their repayments increase 42% since April 2022, with the average fixed customer seeing them up 61%!

Source: NAB

3. The EV slide…

It’s getting tougher in electric vehicle (EV) land. The data below shows it’s costing more to incentivise people to buy an EV and the number of days it takes to sell an EV is rising.

Source: Edmunds

 

If you want to gain an edge through extremely deep research focused on “What Matters”, keep reading… 

Firetrail offers a range of investment solutions covering Aussie shares, global shares, small cap and large cap equities funds.

Thanks to our partnership with Rask, right now you can simply click here to get our free investing reports and receive our top research insights.

Access deep share research

Information warning: The information on this website is published by The Rask Group Pty Ltd (ABN: 36 622 810 995) is limited to factual information or (at most) general financial advice only. That means, the information and advice does not take into account your objectives, financial situation or needs. It is not specific to you, your needs, goals or objectives. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you don’t know what your needs are, you should consult a trusted and licensed financial adviser who can provide you with personal financial product advice. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product. Please read our Terms and Conditions and Financial Services Guide before using this website. The Rask Group Pty Ltd is a Corporate Authorised Representative (#1280930) of AFSL #383169.

At the time of publishing, the author or their clients may have a financial interest in some of companies or securities mentioned.

Powered by

Skip to content