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 firstname.lastname@example.org
Sunday, 29 September 2013
Australian property lift-off - what it all means
A balanced assessment of what is actually happening in the Aussie real estate markets here at MacroBusiness radio.
Includes an interesting discussion of what actually constitutes "a bubble" and how Australian capital cities currently fit into that framework, as well as a consideration of the role of regulatory bodies such as APRA and the RBA.
MacroBusiness promote a strong argument in favour of macroprudential measures in order to keep an effective lid on real estate markets.
Importantly, also considered is the impact of the end of the mining construction boom and how that may result in unemployment in parts of Australia - perhaps heading towards 6.5%-7% next year.
Note the points around 28 minutes about the potential for a correction to damage the wider economy if Australia lets its house prices run too high.
A good listen, if you can spare 30 minutes.
US government lurching towards partial shutdown on October 1? Bloomberg:
"The U.S. government lurched toward a partial shutdown Oct. 1 as House Republicans planned to attach a delay of Obamacare to a bill to keep the government open and Senate Democrats said they will reject the proposal."