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.

Thursday, 19 July 2018

Arrears a little higher

Arrears a little higher

Prime mortgage arrears remained below their 2011-12 peaks in May 2018 at 1.38 per cent. 

However arrears were a little higher than in May 2017 (1.2 per cent) or May 2016 (1.21 per cent), so this is more than just a seasonal affect. 

90-day prime arrears have moved a bit higher over the past two years.


Arrears have suddenly surged in the Northern Territory to 2.84 per cent, with Western Australia seeing a small improvement in the month to 2.67 per cent. 


Arrears remain benign in the two most populous states plus the nation's capital, according to S&P Global figures.