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.

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Friday, 17 February 2017


More hours wanted

The Australian Bureau of Statistics (ABS) now provides monthly figures on underemployment and underutilisation, which is a useful addition to its Labour Force survey.

Historically these figures have only been reported quarterly.

Being a new data series, there are no seasonally adjusted or trend figures yet available. 

However, one thing that has become clear since the end of the resources construction boom is that in terms of underutilisation Western Australia has gone from star pupil at an underutilisation rate of 11.8 per cent straight to detention at 17.1 per cent. 

The labour market in Tasmania, on the other hand, generally seems to have improved a bit.

Koala Bear, Australia, Teddy, Sleep