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.

Tuesday, 4 July 2017

Out of interest

Debt & repayments

Household debt is now at record highs according the RBA's tables, and as reported in the headlines.

Here's the household P&L side of the equation: interest payable to income ratios.

The housing interest payments to income ratio is 36 per cent below the peak. 

Remember that lenders began tweaking interest-only mortgage rates higher in Q2 2017, so this will begin to show up in the figures from next quarter.