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 email@example.com
Sunday, 25 November 2012
What does "the end of the mining boom" really mean for Australia?
An awful lot of scaremongering going on at present from the resident purveyors of doom. Here's a more realistic viewpoint of what the "end" of the mining boom actually means is noted by HSBC's Paul Bloxham as reported by Sydney Morning Herald:
While mining capital investment may peak in 2014, many projects will begin to move into the production phase which will bring revenues, profits and tax income into government coffers. The world doesn't just stop dead in its tracks in 2014 or whenever exactly the phenomenal boom in investment hits its peak.
There will certainly be challenges ahead of course, as there always are, but the constant chirruping of the incessant pessimists has been well over-played. Australia will still be seeing the benefits of the mining boom long after most us have popped our clogs.
Another awesome day of Test Match Cricket in India (and in Adelaide for the Aussies). My old friend Alastair Cook was on sparkling form again with a sublime 122 in awkward conditions in Mumbai, equalling the most Test Match centuries in the history of English cricket (22).
He's 27 years old.