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).

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.

Wednesday, 23 April 2014

SQM sticks with Sydney 15-20% boom prediction

From SQM Research's latest newsletter:

"Over the weekend, there was a report in the Sydney Morning Herald that we were “backing away” from our Sydney forecast of 15-20% this year. 

As stated to our Twitter and Facebook followers, it was a rubbish assessment of our view and we have also told the editor concerned precisely that.
 
We have not backed away from our forecast. 

We actually believe this forecast is a good probability of becoming reality and as stated recently to you, we believe only a rate rise or negative gearing changes are likely to significantly slow the market later this year. 

That doesn’t mean the market might not slow at all.
 
It may especially as we get closer and closer to a rate rise, which seems to be increasingly priced in for the 1st quarter of 2015.

But this much I assure you, you will hear it from me first on any change in our position, right here within this newsletter, rather than via the mass media."