Pete Wargent blogspot

Co-founder & CEO of AllenWargent property buyer's agents, offices in Brisbane (Riverside) & Sydney (Martin Place), and CEO of WargentAdvisory (providing subscription analysis, reports & services to institutional clients).

5 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 finest property analysts in Australia" - Stephen Koukoulas, MD of Market Economics, former Senior Economics Adviser to Prime Minister Gillard.

"Pete 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'.

"The level of detail in Pete's work is superlative across all of Australia's housing markets" - Grant Williams, co-founder RealVision - where world class experts share their thoughts on economics & finance - & author of Things That Make You Go Hmmm...one of the world's most popular & widely-read financial publications.

"Wargent is a bald-faced realty foghorn" - David Llewellyn-Smith, MacroBusiness.

Friday, 4 April 2014

Movie price bubble

Aha! 

Haven't I been saying for months that cinema prices are a rip-off in Australia?

Sydney Morning Herald reports today that two Sydney cinemas, the Palace on Leicihardt's Norton Street and the Cremorne Orpheum - have hiked ticket prices to over $20, considered to be a landmark moment in cinema ticket pricing.

Ouch!

Other cinemas are tipped to follow suit. 

As I recall, cinema prices have been pushing $20 at Casuarina in Darwin for a few years now. 

3D cinemas in Sydney and Melbourne now cost up to $26.50 and Gold Class experiences $42.50, reported SMH.

The Orpheum is a wonderful movie theatre so at least you are paying for an experience, I suppose.

I haven't been up that way for a film for a long while though since I'm totally hooked on the $11.40 tickets via BUPA to watch Sunday arvo films at Broadway. 

I go almost every weekend, in fact. Very sad, I know, but thrifty nevertheless.

This weekend, I'm going to watch some good old Pommie comedy (Cuban Fury). 

Rating out of 10 to follow...

The Hayden Orpheum in Cremorne is one of the cinemas to start charging $20 for tickets.