Pete Wargent blogspot

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

'Huge fan of your work. Very impressive!' - Scott Pape, The Barefoot Investor, Australia's #1 bestseller.

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

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

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

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

Monday, 3 July 2017

ANZ job ads post "strong gain"

Jobs ads rise

Job advertisements were up again by a strong +2.7 per cent in June according to ANZ.

Ads are now a strong +10.5 per cent higher year-on-year, and seemingly accelerating.

AIG's Performance of Manufacturing Index (PMI) also posted another strong result, rising to 55.0, while NAB's Business Survey has been positive. 

Markets will have a field day on this, beginning to price in rate hikes late in 2018. 

Maybe premature on that front, but good to see an ongoing improvement nonetheless.