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 pete@allenwargent.com

Tuesday, 8 May 2012

Aussie dollar finally IS cracking post-Budget

The AUD only buying 101.3 US cents now after the release of the budget. Could be testing parity in a matter of days now - enjoy those holidays while you can!

Here's what "Dr. No" had to say about the budget release:


Australians deserve better than a budget that increases debt, increases unemployment and delivers the world’s biggest carbon tax.

Well, it raised a smirk chez Wargent anyway. I'm easily amused, of course.

Overall, not a bad budget for Oz today. Hard to argue with the increased benefits for families and there won't be too many who cry about the failure to bring on the 1 percent cut in company tax rates. They should pay more in the view of most ordinary Aussies.

We are genuinely lucky in Australia to have a choice of two "common sense" parties.

Now, France on the other hand...I'm not sure Blogger's data-feed can cope with all of my vociferous thoughts on that subject...