About Cameron Kusher

Cameron Kusher is RP Data’s senior research analyst, specialising in primary and secondary data analysis, property market commentary and consultancy. Cameron has a thorough understanding of the fundamentals such as demographics, trends, economics and spacial analysis and is a regular keynote speaker for property-related groups, regulated industry bodies, corporations and the government sectors. Follow Cameron on Twitter @cmkusher

Author Archive | Cameron Kusher

APRA data shows investment lending continues to outpace growth on owner occupier loans

The Australian Prudential Regulation Authority (APRA) released their quarterly Authorised Deposit-taking Institution (ADI) Property Exposures data for September 2014 earlier today.  The data always provides a valuable insight into current and historic mortgage lending by domestic ADIs and this quarter’s release was no different. Based on the value of all outstanding mortgages by households to […]

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Why the economy desperately needs more than just a housing market recovery

According to the CoreLogic RP Data Home Value Index results in October 2014, combined capital city home values have increased by 8.9% over the past year.  The rate of growth is now decelerating after reaching a peak annual growth rate of 11.5% in April 2014.  The two cities which have been the real driver of […]

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The proportion of investment lending hits a record high in September

The Australian Bureau of Statistics (ABS) published housing finance data for September earlier this week.  The data showed that the proportion of lending to investors hit a record high in September.  At the same time the data indicates that demand from owner occupiers is starting to slow. Over recent years the data on the value […]

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Why would deflation of our largest asset class be a good thing?

Balancing an economy is undoubtedly a tough ask for anyone. Our inflation targeting Reserve Bank looks to maintain inflation within a range of 2% to 3% on an annual basis over the cycle.  Too much inflation is not ideal, nor is deflation, so the RBA tries to tweak monetary policy to stimulate the economy in […]

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Inflation adjusted home values have only risen over recent years in Sydney, Melbourne, Darwin and Canberra

Earlier this month the Australian Bureau of Statistics (ABS) released its quarterly Consumer Price Index (CPI) or inflation figures.   The data showed that over the September 2014 quarter, inflation was recorded at 0.5% and over the 12 months to September 2014 it was recorded at 2.3%.  The Reserve Bank has a target range for annual […]

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August 2014 building approvals

The Australian Bureau of Statistics (ABS) released building approvals data for August 2014 earlier today.  At a headline level, dwelling approvals were 3.0% higher over the month and are now 14.5% year on year.  With 16,810 approvals over the month there is clearly a strong level of residential development activity with monthly approvals just -5.0% […]

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September 2014 Reserve Bank Financial Stability Review

The Reserve Bank released their bi-annual Financial Stability Review (FSR) earlier today.  From a housing market perspective it makes for very interesting reading with the RBA noting that ‘the composition of housing and mortgage markets is becoming unbalanced, with new lending to investors being out of proportion to rental housing’s share of the housing stock.’ […]

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Why are home values still rising?

According to the RP Data CoreLogic Home Value Index, combined capital city home values have increased by 10.9% over the 12 months and by 18.7% over the current growth phase.  With many economic indicators heading in the wrong direction it seems counter-intuitive that home values would continue to rise as strongly as they are.  The […]

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Investor demand for housing reaches an historic high

The Australian Bureau of Statistics (ABS) released housing finance data for July 2014 earlier today.  The headline result was the 0.3% rise in owner occupier housing finance commitments over the month.  In my opinion, a more significant result was the 6.8% monthly rise in investment lending.  Investment lending had shown signs of slowing over recent […]

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July 2014 building approvals data

The Australian Bureau of Statistics (ABS) released building approvals data for July 2014 earlier today.  The data shows that there continues to be a strong pipeline of residential development in place. Focussing on dwelling approvals nationally, there were 9,585 house approvals and 6,733 unit approvals over the month.  The number of dwelling approvals increased by […]

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