Pete Wargent blogspot

Co-founder & CEO of AllenWargent property advisory, offices in Brisbane (Riverside) & Sydney (Martin Place) - clients include hedge funds, resi funds, & private investors.

4 x finance/investment author - 'Get a Financial Grip: a simple plan for financial freedom’ (2012) rated Top 10 finance books by Money Magazine & Dymocks.

"Unfortunately so much commentary is self-serving or sensationalist. Pete Wargent shines through with his clear, sober & dispassionate analysis of the housing market, which is so valuable. Pete drills into the facts & unlocks the details that others gloss over in their rush to get a headline. On housing Pete is a must read, must follow - he is one of the better property analysts in Australia" - Stephen Koukoulas, MD of Market Economics, former Senior Economics Adviser to Prime Minister Gillard.

"Pete Wargent is one of Australia's brightest financial minds - a must-follow for articulate, accurate & in-depth analysis." - David Scutt, Business Insider, leading Australian market analyst.

"I've been investing for over 40 years & read nearly every investment book ever written yet I still learned new concepts in his books. Pete Wargent is one of Australia's finest young financial commentators." - Michael Yardney, Australia's leading property expert, Amazon #1 best-selling author.

"The most knowledgeable person on Aussie real estate markets - Pete's work is great, loads of good data and charts, the most comprehensive analyst I follow in Australia. If you follow Australia, follow Pete Wargent" - Jonathan Tepper, Variant Perception, Global Macroeconomic Research, and author of the New York Times bestsellers 'End Game' and 'Code Red'.

"Pete's daily analysis is unputdownable" - Dr. Chris Caton, Chief Economist, BT Financial.

Invest in Sydney/Brisbane property markets, or for media/public speaking requests, email

Tuesday, 7 February 2012

RBA keeps rates on hold

3 days ago, 13 of 14 surveyed economists predicted a rate cut and the markets were 85% sure too, but then a slew of positive economic data came out that gave the Reserve Bank the breathing space to leave rates on hold.

On balance, this is probably the right decision - the bank has kept its powder dry until it meets again next month.  In the meantime confidence is seeming to rise with eyes still fixed on Greece.

Watch this space though.  As I have highlighted before this could mean party time for the Aussie dollar. After today's announcement the Aussie was buying well over 108 US cents and it wouldn't surprise me at all if that goes to an all-time high of 111 cents over the next fortnight.


Watched the J. Edgar movie in Melbourne today, and overall it was jolly good.  There should be more biographical films.