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, 9 December 2015

Job ads send "positive signals"

Jobs ads rise 1.3 per cent

ANZ released its job advertisements data series which "continues to send positive signals about the current state of the economy."

Job advertisements rose by 1.3 per cent in November to a seasonally adjusted 156,187, with the services sector a standout performer. 

Public sector hiring has picked up - reflected in very promising looking data for the Australian Capital Territory - while the strength in hiring in the services sector mirrors what was suggested by the national accounts for the thrid quarter.

Trend job advertisements have now been rising steadily for more than two years.


Despite the increase in advertisements, ANZ sees unemployment broadly tracking sideways at 6 per cent through 2016, although ANZ notes that "job ads are signalling that employment growth could remain strong for a while yet and unemployment could decline a little."