Pete Wargent blogspot

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

'Must-read, must-follow, one of the finest property analysts in Australia' - Stephen Koukoulas, ex-Senior Economics Adviser to Prime Minister Gillard.

'One of Australia's brightest financial minds, must-follow for in-depth analysis' - David Scutt, Business Insider.

"I've been investing 40 years yet I still learned new concepts; one of the finest young commentators" - Michael Yardney, Amazon #1 bestseller.

'The most knowledgeable person on Aussie real estate - loads of good data & charts, the most comprehensive analyst I follow in Australia...follow Pete Wargent' - Jonathan Tepper, Variant Perception, 2 x NYT bestseller.

'Superlative work' - Grant Williams, founder RealVision.

Tuesday, 8 November 2016

Job ads rise to 4.5 year high

Seasonally adjusted job advertisements increased by +1 per cent in October to 161,499, to be +5.2 per cent higher than a year ago, according to ANZ

The long, slow grind higher continues.

In fact, total ads are now at their highest level since April 2012. 


The report tells us little about the quality of jobs, but the volume suggests that the gradual downtrend in the unemployment rate (which has fallen from 6.3 per cent to 5.6 per cent) is likely to remain intact.