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

Wednesday, 7 August 2013

Woop...it's Chart Pack day

Aussie GDP softened to around 2.5% - low interest rates needed to stimulate the economy:

GDP Growth graph

Inflation still soft if you strip out the carbon price effect. It will likely pick up in coming months, but interest rates to stay low:

Consumer Price Inflation graph

Retail sales lacking conviction:

Retail Sales Growth graph

Households still saving? Pretty much, yeah:

Household Saving Ratio graph

Building approvals bumbling along a bit - low rates still a necessity:

Private Residential Building Approvals graph

Consumer sentiment - well, that's about a par score:

Consumer Sentiment graph

Household debt levels pretty flat since 2005, but interest repayments have dropped sharply thanks to cuts in the cash rate:

Household Finances graph

Household wealth increasing, thanks to property recovery and equities valuations boost:

Household Wealth and Liabilities graph

Housing? Sydney dwelling prices are blasting off the top of the charts!

Brisbane and Adelaide, a poor show:

Dwelling Prices graph

Housing loan approvals heading parabolic:

Housing Loan Approvals graph

Commodity prices unfortunately recede back to 2010 levels - however, improving significantly in A$ terms to the best level since the start of the year:

RBA Index of Commodity Prices graph

Iron ore price, a decent bounce in the spot from its nadir all the way back up to US$131.40/tonne (and in A$ terms doing very, very nicely indeed):

Bulk Commodity Prices graph

Export volumes: resources, eye-ahh!

Export Volumes graph

Bulk commodity exports? Yikes... (#deluge).

Bulk Commodity Exports graph

Interest rates: cash rate has dropped since this chart (to 1 August) to a stimulatory 2.50%:

Australian Cash Rate graph

Bond yields, um...

Australian Bond Yields graph

A tremendous run for Aussie and US stocks:

Australian and World Share Price Indices graph

But, as I've warned, you'll do better over the long haul in industrials and financials than you will in resources:

Australian Share Price Indices graph

Div yields, yeah they are OK (stronger for non-resources):

Dividend Yields graph

Forward PE's are heading to the mid-teens:

Forward P/E Ratios graph

Currency - wonderful news with the Aussie dollar now below 90 US cents:

Australian Dollar Against US Dollar, Euro and Yen graph

That's all for this month, folks!