Pete Wargent blogspot

CEO AllenWargent Property Buyers, & WargentAdvisory (institutional). 6 x finance author.

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Tuesday, 21 June 2016


A fairly decent performance from Prime Minister Turnbull on Q&A last night.

The bookies now pricing in the Coalition as red hot favourites for a Federal election cakewalk.

Meanwhile, consumer confidence has increased to its highest level since November 2013.

The 4 week average consumer confidence gauge is also at a 2.5 year high.

Consumers reported being increasingly upbeat about their finances.

Noted ANZ's Media Centre:

"Household confidence has likely been supported by a combination of positive factors: the RBA’s rate cut last month, robust economic growth, ongoing strength in the housing market and an improving labour market."