Mortgages

FAST Record ID: 
1026642

Research report

8 Jun 2017

This research investigated the relationship between increasing housing prices (or housing wealth) and the increased consumption expenditure of households from before the GFC and afterwards.

Report

15 May 2017

This study investigated the relationships between housing, housing markets and the labour market.

Research report

3 May 2017

This study has found that borrowing into older age is likely to move from niche to mainstream within the next decade. The report reveals that current economic trends such as house price inflation, tighter credit conditions and low real wage growth mean we can expect...

Research report

2 Mar 2017

This research examined various possible links between housing related variables and employment, such as:

housing assistance (such as rent assistance or social housing) can blunt incentive to work and depress employment rates soaring real house prices have inflated housing wealth levels, especially for older...

Discussion paper

16 Oct 2015

This Positioning Paper outlines the research questions and methodology for an AHURI research study which utilises HILDA panel data and instrumental variable econometric techniques to interrogate the relationship between housing prices, household debt and labour supply in Australia. It provides preliminary evidence of important differences...

Research report

1 Oct 2015

Outlines the changing attitudes and confidence levels of Australian Homeowners and Non-Property Owners about their mortgage and the overall property market.

Summary In this edition the key findings are:

1. National homebuyer confidence reaches new post-GFC high: The HCI increased slightly...

Research report

30 Mar 2015

Overview: A new research paper from The Australia Institute reveals that home ownership rates in Australia are falling across all age groups, most significantly for people in their 50’s. Middle income earners are experiencing the sharpest decline in ownership rates.

Housing affordability issues...

Working paper

Video podcast

31 Mar 2014

This study analyzes systematic and non-systematic credit risk in mortgage portfolios given US loan-level information by controlling for time-varying observable information in relation to the borrower, the collateral and the macro economy. The total risk in relation to rating class default rates is decomposed into...

Working paper

30 Mar 2014

The Global Financial Crisis exposed nancial institutions to severe unexpected losses in relation to mortgage securitizations and derivatives. This paper nds that risk models such as ratings are exposed to a large degree of systematic risk and parameter uncertainty. An out-of-sample forecasting exercise of the...

Research report

16 Aug 2010

This report examines the experience of mortgage distress in Western Sydney and mortgage holders' coping strategies.

While not claiming to be a representative sample of mortgagors in distress, the report reveals much about the circumstances contributing to mortgage distress and its considerable impacts on...

Research report

22 Jul 2010

Mortgage default has long term impacts on the financial wellbeing of households including bankruptcy, drawing on superannuation savings, and high levels of debt even after the sale of the house.

Better access by borrowers to financial advice and mortgage relief assistance, as well as...

Research report

10 May 2010

If reverse mortgage products are to be accessed to enable ageing in place by supplementing the housing and care support needs of older homeowners, greater guidance and support is required for the most frail and vulnerable.

This report argues that there is a need...

Research report

31 Mar 2010

This speech looks at the history of the mortgage market to provide a context for the current state of the market and a basis for thinking about how the market might evolve.

Research report

29 Mar 2010

This is the second and final report on the problem of mortgage default in Australia. An earlier positioning paper (Berry et al., 2009) presented, in detail, a range of issues, views, evidence and potential policy directions concerning this subject. Both reports are to be read...

Discussion paper

8 Oct 2009

The project seeks to determine the factors influencing the take up of reverse mortgage products and services within the context of overall demand.

This research project focuses on provision of a comprehensive appraisal of reverse mortgages as they pertain to ‘ageing in place’ and...

Research report

18 Mar 2009

The Australian housing system has undergone major structural change in the past 20 years. Continuing population growth, falling average household size, strong economic growth and rising average incomes have underpinned buoyant demand for housing focused on metropolitan areas, smaller provincial cities, natural resource centres and...

Research report

16 Dec 2008

This paper links the notion of affordability with environmental sustainability and argues that true housing affordability must take into account a wider range of costs than just rent or mortgage price.Increasingly, the gap is widening between those who have access to housing and those who...

Research report

6 Oct 2008

It has been suggested that the federal government should sponsor an institution, dubbed 'AussieMac', but this paper argues that the such a proposal is unlikely to deliver significant benefits for Australian homebuyers and that government intervention in the market for mortgage-backed securities is...

Research report

26 Aug 2008

The devastating impact of soaring fuel and mortgage prices on Australian households is graphically revealed in the new Griffith University Urban Research Program VAMPIRE index.

This paper describes the devastating impact of soaring fuel and mortgage prices on Australian households. The VAMPIRE index identifies...

Research report

8 Jul 2008

The sub-prime crisis shows that it is not enough for Australia to regulate its own financial system well, according to this paper. It is also in Australia’s interests to work towards forms of global coordination, global monitoring and global crisis response which lessen the frequency...