Pete Wargent blogspot

Co-founder & CEO of AllenWargent property advisory & buyer's agents, offices in Brisbane (Riverside) & Sydney (Martin Place) - clients include hedge funds, resi funds, & private investors.

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.

Invest in Sydney/Brisbane property markets, or for media/public speaking requests, email

Saturday, 28 January 2017

Price pressures still subdued

PPI subdued

The Consumer Prices Index figures this week showed that price pressures remain subdued in the Aussie economy.

On Friday morning, the ABS released the equivalent figures for the Producer Prices Index, which followed a similar theme. 

Although there were some price increases, including a 0.7 per cent rise in the building and construction sector, these were largely offset by declines in some manufacturing sectors. 

Price increases into the residential construction sector have been curtailed despite record building activity, thanks to a combination of moderate wage increases and only benign inflation in materials prices. 

The inputs into the house construction increase saw a 0.4 per cent increase in the December quarter.

Overall, the annual increase in final demand prices was up by only 0.7 per cent over the calendar year. 

Futures markets anticipate a steady cash rate over the next 12 to 18 months.