Real-time analysis of Australia's markets & economy.
Pete Wargent blogspot
AllenWargent Property Buyers
(institutional). 6 x finance author.
'Huge fan of your work. Very impressive!' -
, The Barefoot Investor, Australia's #1 bestseller.
'Must-read, must-follow, one of the finest analysts in Australia' -
, ex-Senior Economics Adviser to Prime Minister Gillard.
'One of Australia's brightest financial minds, must-follow for accurate & in-depth analysis' -
, Business Insider.
'I've been investing 40 years yet still learn new concepts from Pete; one of the finest young commentators' -
, Amazon #1 bestseller.
'The most knowledgeable person on Aussie real estate - loads of good data & charts...most comprehensive analyst I follow in Oz' -
, Variant Perception, 2 x NYT bestseller.
Wednesday, 21 December 2016
Business spending at 7 year high
'Encouraing' news indeed, from Commsec.
It's the highest level seen since the financial crisis.
Very unlikely, then, that we'll see a second consecutive quarter of negative growth.
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