Pete Wargent blogspot

Co-founder & CEO of AllenWargent property advisory & buyer's agents, 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

Wednesday, 29 August 2012

Apple iPhone 4S Launch

Thought I would just quickly post a link to this article to add some balance to what seems to be becoming a consensus in Australia: that the cost of living has become unbearable and that we are faced with a dreadful life of austerity.

Australia has become unquestionably expensive, but from reading thousands upon thousands of comments every week about how unfair life is for young people today - dare I say it? - we seem to be turning into a nation of whingers!

It's my own belief that earlier generations never had things much easier than we do today; that's merely a convenient excuse that many of us use to justify our extravagant spending.

Note the 700 metre queue outside the Apple store in Perth where punters happily shelled out $2,000 cash a time for a pair of shiny new i-Phones.

Being a resident of Sydney CBD, I simply could not believe the melee that snaked all the way down George Street and round the corner down York Street (for those not familiar with the terrain, that is a queue of truly epic proportions).

If life really is unsustainably expensive in this country, consumers have a very twisted way of showing it.

Note: the Apple and Samsung launches were by no means exceptional cases. Pitt St. Mall is an absolute consumer-fest every week.