Pete Wargent blogspot

Co-founder & CEO of AllenWargent property buyer's agents, offices in Brisbane (Riverside) & Sydney (Martin Place), & CEO of WargentAdvisory (providing subscription analysis, reports & services to institutional clients).

5 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's one of the finest property analysts in Australia" - Stephen Koukoulas, MD of Market Economics, former Senior Economics Adviser to Prime Minister Gillard.

"Pete 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 & charts, the most comprehensive analyst I follow in Australia. If you follow Australia, follow Pete Wargent" - Jonathan Tepper, Variant Perception, Global Macroeconomic Research, author of the New York Times bestsellers 'End Game' & 'Code Red'.

"The level of detail in Pete's work is superlative across all of Australia's housing markets" - Grant Williams, co-founder RealVision - where world class experts share their thoughts on economics & finance - author of Things That Make You Go Hmmm, one of the world's most popular & widely-read financial publications.

"Wargent is a bald-faced realty foghorn" - David Llewellyn-Smith, 'MacroBusiness'.

Thursday, 23 March 2017

Immigration accelerates to 4-year high

Population growth is back

Population growth in Australia is accelerating again.

It looks as though the registrars have caught up on the missing births in New South Wales and Victoria, after a bit of a backlog.


The natural increase in the population is ticking along at around 155,500 per annum, but it was a sizeable uptick in migration from overseas that was the driver of stronger population growth.

Over the year net overseas immigration accounted for an extra 193,200 heads. 

In fact the Q3 figure for net overseas migration was the strongest third quarter of the calendar year since 2012. 


The total Australian population increased by 91,316 in the September quarter, also a solid rebound.


And as a result, total population growth accelerated to 348,700, or 1.5 per cent.


The Australian population today is 24.4 million, but at the end of September 2016 it was 24,127,000.


Overall, it looks as though you can chalk one up for a correct prediction that I've made here, which is always a nice bonus, though demographic trends are always prone to benchmarking changes.

Next up I'll look at the much more interesting patterns from around the country.