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 finest 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.

Thursday, 25 February 2016

Large states lead job ads

Trend job advertisments increased by +7.9 per cent over the year to January 2016 according to the Department of Employment.



The seasonally adjusted result for the month of January was flat, however the Department urged a little caution over interpretation of the numbers since August due to advertisement processes in transition.


The trend has been of a labour market in recovery since the middle of 2013, but a slow one.


Over the past year job vacancies increased strongly in New South Wales (+14.8 per cent), Victoria (+12.9 per cent), and Queensland (+4.0 per cent), which may bode well for further employment growth in those states. 

There has also been an annual jump in the Australian Capital Territory.


The largest annual percentage gains have largely been seen in services industries, such as medical practitioners and nurses (+32 per cent), carers and aides (+19.3 per cent), and a wide range of professional occupations and managers. 


Source: Department of Employment