tag:blogger.com,1999:blog-14897466537401093592024-03-29T14:29:26.987+11:00Pete Wargent Daily BlogReal-time Aussie analysis: ECONOMY | REAL ESTATE | MARKETS Unknownnoreply@blogger.comBlogger3902125tag:blogger.com,1999:blog-1489746653740109359.post-6460428299544710152024-03-29T10:50:00.002+11:002024-03-29T10:50:14.754+11:00Debt to income ratios falling<div style="text-align: justify;"><b><u>Debt ratios easing</u></b></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">Housing credit growth to investors fell further to a 9-month low in February, at just 0.21 per cent, as rising land taxes and mortgage rates force more landlords to sell. </div><div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">Rental vacancies thus continue to tighten to chronically low levels. </div></div><div><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjZCzb9sXWgvqn4rUszT5mUFeTBt9RPsY7gkyORwhvFVETaUyFaQE43ziffjvZCQr_4LFn4ryyFyt3IWMzkfQncs_TipZtGlAfMmhtZ-axfm6Ud9lce7csuLUDZEA4V-x6IEr886NR0WjmG99piv09u_sMKg3ljGMiJazF6xjOvyyONW_U2TVvjQHDdiYo/s1329/RBA1.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="787" data-original-width="1329" height="378" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjZCzb9sXWgvqn4rUszT5mUFeTBt9RPsY7gkyORwhvFVETaUyFaQE43ziffjvZCQr_4LFn4ryyFyt3IWMzkfQncs_TipZtGlAfMmhtZ-axfm6Ud9lce7csuLUDZEA4V-x6IEr886NR0WjmG99piv09u_sMKg3ljGMiJazF6xjOvyyONW_U2TVvjQHDdiYo/w640-h378/RBA1.jpg" width="640" /></a></div><div><br /></div><div>Overall housing credit growth firmed a little at 4.2 per cent over the year.</div><br /><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgQ2jBUqoza05iZsDUVs0paTT5A8lb0bHxFKHCovf56gKbc9aGPaZBwiVjY0E9z-h1NubmFqDElDANucpbfWQBWCwYmjDzgbShjBYpY1fgNME9myJBn8_SRzNKEhwsGTFjnNvY0B0ufJKgLYTUcvpZ9MG2-hUfVQ0yZgbKrBNUlLbnbThiDb6XBI5t225g/s1379/RBA2.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="806" data-original-width="1379" height="374" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgQ2jBUqoza05iZsDUVs0paTT5A8lb0bHxFKHCovf56gKbc9aGPaZBwiVjY0E9z-h1NubmFqDElDANucpbfWQBWCwYmjDzgbShjBYpY1fgNME9myJBn8_SRzNKEhwsGTFjnNvY0B0ufJKgLYTUcvpZ9MG2-hUfVQ0yZgbKrBNUlLbnbThiDb6XBI5t225g/w640-h374/RBA2.jpg" width="640" /></a></div><div><br /></div><div style="text-align: justify;">Credit growth across the economy was 5 per cent over the year, supported by strong double-digit growth in business credit. </div><div style="text-align: justify;"><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgGCB_naJf13o-Iz6ecNMlEDjUGXlwMcUmZEBLaDVyQ4JwVa_nzXwzZRq4wb53I7Q_uc4RKMwghBrrQlhGRxgFOTW2GQIYtP-RlXizy_1qofQWOojEhg3339SMaH-9FQAnF2BhQSm-L9MJwBbntBRlyiSLqaNXlvzQdCQruzTrgdmNFqOUFn5POnQq_sC0/s1304/RBA3.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="782" data-original-width="1304" height="384" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgGCB_naJf13o-Iz6ecNMlEDjUGXlwMcUmZEBLaDVyQ4JwVa_nzXwzZRq4wb53I7Q_uc4RKMwghBrrQlhGRxgFOTW2GQIYtP-RlXizy_1qofQWOojEhg3339SMaH-9FQAnF2BhQSm-L9MJwBbntBRlyiSLqaNXlvzQdCQruzTrgdmNFqOUFn5POnQq_sC0/w640-h384/RBA3.jpg" width="640" /></a></div><div><br /></div><div style="text-align: justify;">Double-digit housing price inflation is far ahead of what would otherwise be supported by the credit impulse, due to record population growth, record low rental vacancies, and very low stock for sale levels. </div><br /><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj7EWX-dZPpyLIGNPyizl2453GZXHFmHMSVu1653Crfg92Rchz0kLHVuSEOc_7rteC6Lud7hrCnxy_dU85yrO-TXDz36tiybkcxYV1ylae_fF_Ib4szb1swTVvahC4nOtL0QHekGkDfEVxFt8lErqJ0I7WVOivEpmJaktlflDBnQIQXAOS_EvLvHnvDO9g/s1330/RBA4.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="803" data-original-width="1330" height="386" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj7EWX-dZPpyLIGNPyizl2453GZXHFmHMSVu1653Crfg92Rchz0kLHVuSEOc_7rteC6Lud7hrCnxy_dU85yrO-TXDz36tiybkcxYV1ylae_fF_Ib4szb1swTVvahC4nOtL0QHekGkDfEVxFt8lErqJ0I7WVOivEpmJaktlflDBnQIQXAOS_EvLvHnvDO9g/w640-h386/RBA4.jpg" width="640" /></a></div><div><br /></div><div style="text-align: justify;">The household debt to income ratio declined to 1.85x, and net of mortgage offset balances is now unchanged since around 2006.</div><br /><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhGQtDYyfHNTUq3LwR_zgPvUd-sV0tc_NZXOpU_4yBL0OGqTvNxMdbZeO01f1fxCUtgmOkj7HJch3fSdflxaQqdYZindeBHxck6T4Kkkg_5pAxxeVowAll4-gE0Oi44MUvS0ani90KBB8_n7o_rZpMhw23Xhf9yeQE35vgE4CZf-FV3w20PlWOoLfnGk4Q/s1395/RBA5.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="810" data-original-width="1395" height="372" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhGQtDYyfHNTUq3LwR_zgPvUd-sV0tc_NZXOpU_4yBL0OGqTvNxMdbZeO01f1fxCUtgmOkj7HJch3fSdflxaQqdYZindeBHxck6T4Kkkg_5pAxxeVowAll4-gE0Oi44MUvS0ani90KBB8_n7o_rZpMhw23Xhf9yeQE35vgE4CZf-FV3w20PlWOoLfnGk4Q/w640-h372/RBA5.jpg" width="640" /></a></div><div><br /></div><div style="text-align: justify;">Interest payments are a different story entirely, having spiked dramatically over the past 18 months, and point to the reason why interest rates will likely by cut over the next 18 to 24 months. </div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">*I can't find the data for mortgage interest payments; not sure if the series was discontinued or moved elsewhere (?). </div><div><br /></div><div><div>---</div><div><div><br /></div><div><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">P.S. Whenever you’re ready…here are 5 ways I can help you manage your own money and go next level wealth:</p><ol style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px;"><li style="box-sizing: inherit; margin: 0px 0px 0.2em; padding: 0px; text-align: justify;"><span style="box-sizing: inherit; font-weight: 700;">Boom or Bust – 20 minute online workshop for investors</span></li></ol><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Register for my next<span style="box-sizing: inherit; font-weight: 700;"> free online training</span> - Boom or Bust? How to change your investment plan - <a href="https://www.gonextlevelwealth.com.au/lrhr-free-online-training" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">book in here</a></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit;">You also download a free copy of my e-book <span style="box-sizing: inherit; font-weight: 700;">The Only 6 Ways to Become Wealthy</span> <a href="https://www.gonextlevelwealth.com.au/book" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>.</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit;"><span> </span>2. </span><span style="font-weight: 700;">Download our property buying guide</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px;"><span style="box-sizing: inherit;"></span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Download our free property buying guide <a href="https://www.allenwargent.com.au/" target="_blank">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">You can also check out a few of our recent property investment purchases <a href="https://www.allenwargent.com.au/results/" target="_blank">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><a href="https://www.allenwargent.com.au/contact-us/" target="_blank">Get in contact with us today</a> if strategic property investment is your thing. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="font-weight: 700;"> </span>3<span style="font-weight: 700;">. Subscribe to our Top 10 Podcasts for Investors</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit; font-weight: 700;">Listen in to our podcasts</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">The<span style="box-sizing: inherit;"> </span><a href="https://www.raskmedia.com.au/podcasts/australian-property-podcast/" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">Australian Property Podcast</a> is rapidly becoming one of Australia's biggest business podcasts, now with over 30,000 unique listeners per month.</p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">And our popular Low Rates High Returns Show also remains available on <a href="https://open.spotify.com/show/67P4wnQRx2163twnNNLdwK" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">Spotify</a>.</p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span> </span>4. <span style="font-weight: 700;">Subscribe for my free daily blog</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Subscribe for my free daily blog with well over 3.5 million hits <a href="http://petewargent.blogspot.com/" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">You can also catch up with me daily on Twitter <a href="https://twitter.com/PeteWargent" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>, where I'm active daily and have over 13,900 followers. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">By the way, I'm a 7-times published author on finance and investing, so you can check out some of my books <a href="https://petewargent.com/books/" target="_blank">here</a> (next one is due out July 1!). </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">5. <span style="font-weight: 700;">Work with me privately</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">For a limited time you can book in a free diagnosis call with me <a href="https://www.gonextlevelwealth.com.au/apply" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>, so book in a call today.</p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjP7WeTAaTKMPIZxW_7dTGVsL75Dj5HKnol37bWJRZJdiDQcdiiuvv-asn7lf32DjLXw_lGW81gBCC8yuM6zDsZADXwMjIjGLZRDIhIPfnsmmu8QG5RDyv9Xw_9mNl_5x2beQ0LMuOIU8WwE2c_uHkqjWQCVFtMu0P08F7Nv6QcHc2btzgW3A8a-On0zDY/s822/Mortgage.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="548" data-original-width="822" height="426" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjP7WeTAaTKMPIZxW_7dTGVsL75Dj5HKnol37bWJRZJdiDQcdiiuvv-asn7lf32DjLXw_lGW81gBCC8yuM6zDsZADXwMjIjGLZRDIhIPfnsmmu8QG5RDyv9Xw_9mNl_5x2beQ0LMuOIU8WwE2c_uHkqjWQCVFtMu0P08F7Nv6QcHc2btzgW3A8a-On0zDY/w640-h426/Mortgage.jpg" width="640" /></a></div></div></div></div>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-1489746653740109359.post-36345113312252244892024-03-29T10:12:00.001+11:002024-03-29T10:12:06.849+11:00Job vacancies easing back to earth<div style="text-align: justify;"><b><u>Job vacancies reverting lower</u></b></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">Job vacancies fell by a further -6.1 per cent (or -23,800 vacancies) over the 3 months to February on a seasonally adjusted basis.</div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">This is certainly a visible trend around the Sunshine Coast - the stores, cafes, and restaurants that were so desperate for staff in 2022 have now resolved their issues...and indeed, many are closing. </div><div><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhr2lgMkzD0Db_reJykboY4Y2gQy1UZWATM5ozfqT3Rzru0K7wB3e-NwqsM1JzdV5nwJvjPwaj8IapkUp3SM3wm3E2mU-dBigU_7PGpQ39EXXfsccxBphr0EwjawbYIHGheZnB3pNRW9WnNhf0R6AKP7xXxGWVdpO1c8gVOFriBt9bfH8wk82QC1W0Afak/s1353/JV1.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="768" data-original-width="1353" height="364" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhr2lgMkzD0Db_reJykboY4Y2gQy1UZWATM5ozfqT3Rzru0K7wB3e-NwqsM1JzdV5nwJvjPwaj8IapkUp3SM3wm3E2mU-dBigU_7PGpQ39EXXfsccxBphr0EwjawbYIHGheZnB3pNRW9WnNhf0R6AKP7xXxGWVdpO1c8gVOFriBt9bfH8wk82QC1W0Afak/w640-h364/JV1.jpg" width="640" /></a></div><br /><div class="separator" style="clear: both; text-align: justify;">At the state level, South Australia is still experiencing a boomlet in prospective hiring, but the other states and territories are returning to earth,</div><br /><div class="separator" style="clear: both; text-align: justify;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjDOM_rFaDA-54lBPlkEgRCcHqzPPJ8EL15KhwxpkI9vohNeSlxdgiZpZxPZkdVYJk6oFOt4kfM160TG_eQVfwa2FX1l79ADBCsqdkWwBgMNxtzv47BdjZjelDKYsuMce3UubDE7DxuYebhq8D4mdPeyWvFjIfNEMJ2PdCM3c5CSVZJu6zi7-3UGzG2_ew/s1368/KV2.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="816" data-original-width="1368" height="382" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjDOM_rFaDA-54lBPlkEgRCcHqzPPJ8EL15KhwxpkI9vohNeSlxdgiZpZxPZkdVYJk6oFOt4kfM160TG_eQVfwa2FX1l79ADBCsqdkWwBgMNxtzv47BdjZjelDKYsuMce3UubDE7DxuYebhq8D4mdPeyWvFjIfNEMJ2PdCM3c5CSVZJu6zi7-3UGzG2_ew/w640-h382/KV2.jpg" width="640" /></a></div><br /><div>It's been said that job vacancies are still historically high at 363,800, which is partly true.</div><div><br /></div><div>However, the figures are backwards looking, and the size of the labour force has absolutely exploded.</div><div><br /></div><div style="text-align: justify;">In that context, it seems that the 'rogue' unemployment rate figure of 3.7 per cent will wash out in due course, and it's almost certain that unemplo<span style="font-family: inherit;">yment will head up to 4<span style="background-color: white; text-align: left;">½</span> per cent an</span>d above in due course under the current policy settings. </div><div><br /></div><div style="text-align: justify;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiB_21Q6xj5HTA7WCb4-4AZBWlI7FvC8IvrHeh-KSXcOioIgksM8lcBvXuGtrx3yIZ8-j873kYD-B6oYehRpd1jEkfuxWDxcCx8t-ArFGqV4COv5umS-opjJGXPGlYrxZIRSGY9zxmQGosDgTTYJLuQWb75ql0URzg_NhsXQQkdnWtlroz8OI6PMAGG01g/s1406/JV3.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em; text-align: center;"><img border="0" data-original-height="814" data-original-width="1406" height="370" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiB_21Q6xj5HTA7WCb4-4AZBWlI7FvC8IvrHeh-KSXcOioIgksM8lcBvXuGtrx3yIZ8-j873kYD-B6oYehRpd1jEkfuxWDxcCx8t-ArFGqV4COv5umS-opjJGXPGlYrxZIRSGY9zxmQGosDgTTYJLuQWb75ql0URzg_NhsXQQkdnWtlroz8OI6PMAGG01g/w640-h370/JV3.jpg" width="640" /></a></div><div><br /></div><div style="text-align: justify;">In other news, retail turnover increased by a less-than-expected +0.3 per cent last month, which is to say going backwards after accounting for inflation and population growth.</div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">James Foster <a href="https://jamesfostermacro.blogspot.com/2024/03/australian-retail-sales-rise-03-in.html" target="_blank">ran through the details here</a>. </div><div><br /></div><div><div>---</div><div><div><br /></div><div><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">P.S. Whenever you’re ready…here are 5 ways I can help you manage your own money and go next level wealth:</p><ol style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px;"><li style="box-sizing: inherit; margin: 0px 0px 0.2em; padding: 0px; text-align: justify;"><span style="box-sizing: inherit; font-weight: 700;">Boom or Bust – 20 minute online workshop for investors</span></li></ol><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Register for my next<span style="box-sizing: inherit; font-weight: 700;"> free online training</span> - Boom or Bust? How to change your investment plan - <a href="https://www.gonextlevelwealth.com.au/lrhr-free-online-training" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">book in here</a></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit;">You also download a free copy of my e-book <span style="box-sizing: inherit; font-weight: 700;">The Only 6 Ways to Become Wealthy</span> <a href="https://www.gonextlevelwealth.com.au/book" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>.</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit;"><span> </span>2. </span><span style="font-weight: 700;">Download our property buying guide</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px;"><span style="box-sizing: inherit;"></span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Download our free property buying guide <a href="https://www.allenwargent.com.au/" target="_blank">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">You can also check out a few of our recent property investment purchases <a href="https://www.allenwargent.com.au/results/" target="_blank">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><a href="https://www.allenwargent.com.au/contact-us/" target="_blank">Get in contact with us today</a> if strategic property investment is your thing. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="font-weight: 700;"> </span>3<span style="font-weight: 700;">. Subscribe to our Top 10 Podcasts for Investors</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit; font-weight: 700;">Listen in to our podcasts</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">The<span style="box-sizing: inherit;"> </span><a href="https://www.raskmedia.com.au/podcasts/australian-property-podcast/" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">Australian Property Podcast</a> is rapidly becoming one of Australia's biggest business podcasts, now with over 30,000 unique listeners per month.</p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">And our popular Low Rates High Returns Show also remains available on <a href="https://open.spotify.com/show/67P4wnQRx2163twnNNLdwK" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">Spotify</a>.</p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span> </span>4. <span style="font-weight: 700;">Subscribe for my free daily blog</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Subscribe for my free daily blog with well over 3.5 million hits <a href="http://petewargent.blogspot.com/" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">You can also catch up with me daily on Twitter <a href="https://twitter.com/PeteWargent" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>, where I'm active daily and have over 13,900 followers. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">By the way, I'm a 7-times published author on finance and investing, so you can check out some of my books <a href="https://petewargent.com/books/" target="_blank">here</a> (next one is due out July 1!). </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">5. <span style="font-weight: 700;">Work with me privately</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">For a limited time you can book in a free diagnosis call with me <a href="https://www.gonextlevelwealth.com.au/apply" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>, so book in a call today.</p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEguGbATGFgH1_BFUTTtEqw5k2wMr8Uj22klAXhKlQoVgMvx84TPZWpwvFz5w8q_ULJP_8yhCc3D-6P_mbG-dcVuKnUktiyntM1V0QsdJSDiiDdbz8jYjkiqoGJMQ0Z9RTvDEIYiIj5SQEh3K6Xpi-nX4c1sMs0ErksDyEX4iDwjDxS_cfEX_y_7c_hx71Y/s817/Office.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="535" data-original-width="817" height="420" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEguGbATGFgH1_BFUTTtEqw5k2wMr8Uj22klAXhKlQoVgMvx84TPZWpwvFz5w8q_ULJP_8yhCc3D-6P_mbG-dcVuKnUktiyntM1V0QsdJSDiiDdbz8jYjkiqoGJMQ0Z9RTvDEIYiIj5SQEh3K6Xpi-nX4c1sMs0ErksDyEX4iDwjDxS_cfEX_y_7c_hx71Y/w640-h420/Office.jpg" width="640" /></a></div></div></div></div>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-1489746653740109359.post-10870390923208050062024-03-28T10:33:00.004+11:002024-03-28T12:01:10.694+11:00Wealth building strategies with Brett Warren<b><u>Wealth Retreat 2024</u></b><div><br /></div><div>Great to catch up with the trusted source <a href="https://propertyupdate.com.au/podcast-wealth-building-strategies-from-australias-premier-wealth-retreat-with-brett-warren-and-pete-wargent/" target="_blank">Brett Warren, and Michael Yardney here</a> (or click on the image below):</div><div><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="https://propertyupdate.com.au/podcast-wealth-building-strategies-from-australias-premier-wealth-retreat-with-brett-warren-and-pete-wargent/" style="margin-left: 1em; margin-right: 1em;" target="_blank"><img border="0" data-original-height="675" data-original-width="1061" height="408" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhMHasWXrpmmP9gxx9qI6B-oQiB9xdluJB3YBbV6X1Lx3SYTvdX5K8xkPW2HvxfCPdl5EYkbFFy7W6YDh-NbbhC7Btsit1AZ7urwSXvdhiWypJr-PoNAebVuhVwyXDeXzAAzE2KBNZBdKC_lO6oFL4yGA4kGYli9-aZ9sc7jQOX7wRiR2GnhZZfaRzoCn0/w640-h408/WR.jpg" width="640" /></a></div><div><br /></div><div>See you at Gold Coast soon!</div><div><br /></div><div><div>---</div><div><div><br /></div><div><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">P.S. Whenever you’re ready…here are 5 ways I can help you manage your own money and go next level wealth:</p><ol style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px;"><li style="box-sizing: inherit; margin: 0px 0px 0.2em; padding: 0px; text-align: justify;"><span style="box-sizing: inherit; font-weight: 700;">Boom or Bust – 20 minute online workshop for investors</span></li></ol><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Register for my next<span style="box-sizing: inherit; font-weight: 700;"> free online training</span> - Boom or Bust? How to change your investment plan - <a href="https://www.gonextlevelwealth.com.au/lrhr-free-online-training" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">book in here</a></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit;">You also download a free copy of my e-book <span style="box-sizing: inherit; font-weight: 700;">The Only 6 Ways to Become Wealthy</span> <a href="https://www.gonextlevelwealth.com.au/book" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>.</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit;"><span> </span>2. </span><span style="font-weight: 700;">Download our property buying guide</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px;"><span style="box-sizing: inherit;"></span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Download our free property buying guide <a href="https://www.allenwargent.com.au/" target="_blank">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">You can also check out a few of our recent property investment purchases <a href="https://www.allenwargent.com.au/results/" target="_blank">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><a href="https://www.allenwargent.com.au/contact-us/" target="_blank">Get in contact with us today</a> if strategic property investment is your thing. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="font-weight: 700;"> </span>3<span style="font-weight: 700;">. Subscribe to our Top 10 Podcasts for Investors</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit; font-weight: 700;">Listen in to our podcasts</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">The<span style="box-sizing: inherit;"> </span><a href="https://www.raskmedia.com.au/podcasts/australian-property-podcast/" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">Australian Property Podcast</a> is rapidly becoming one of Australia's biggest business podcasts, now with over 30,000 unique listeners per month.</p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">And our popular Low Rates High Returns Show also remains available on <a href="https://open.spotify.com/show/67P4wnQRx2163twnNNLdwK" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">Spotify</a>.</p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span> </span>4. <span style="font-weight: 700;">Subscribe for my free daily blog</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Subscribe for my free daily blog with well over 3.5 million hits <a href="http://petewargent.blogspot.com/" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">You can also catch up with me daily on Twitter <a href="https://twitter.com/PeteWargent" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>, where I'm active daily and have over 13,900 followers. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">By the way, I'm a 7-times published author on finance and investing, so you can check out some of my books <a href="https://petewargent.com/books/" target="_blank">here</a> (next one is due out July 1!). </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">5. <span style="font-weight: 700;">Work with me privately</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">For a limited time you can book in a free diagnosis call with me <a href="https://www.gonextlevelwealth.com.au/apply" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>, so book in a call today.</p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjLOD5Vir9JINISKq2KfC49PrL7GqMUvY58_SFaMpFx1FSvZDbkzcuMTR4MaXTOpXXn3dZYyNq4UlqwF1fYxijC2piTcSxGj9Lj86KAWztdvx0bQ0Rv7jw2Sls3CJDJYGeE4Ge9_0uGJrt4XbeVOaSm4Dahr80WFwpx5QEfkuIJEjY_0mO7wIgGE14mg5Y/s825/GC.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="535" data-original-width="825" height="416" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjLOD5Vir9JINISKq2KfC49PrL7GqMUvY58_SFaMpFx1FSvZDbkzcuMTR4MaXTOpXXn3dZYyNq4UlqwF1fYxijC2piTcSxGj9Lj86KAWztdvx0bQ0Rv7jw2Sls3CJDJYGeE4Ge9_0uGJrt4XbeVOaSm4Dahr80WFwpx5QEfkuIJEjY_0mO7wIgGE14mg5Y/w640-h416/GC.jpg" width="640" /></a></div></div></div></div>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-1489746653740109359.post-39817529560273520872024-03-27T22:10:00.003+11:002024-03-27T22:11:39.833+11:00Australian Property Podcast: Buying commercial property <div style="text-align: justify;"><b><u>Property Podcast</u></b></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">This week on the poddie, Amy and I discussed commercial property: what it is, and how best to invest in it.</div><div style="text-align: justify;"><br /></div><div style="text-align: justify;"><a href="https://www.raskmedia.com.au/2024/03/26/buying-commercial-property-with-pete-wargent-amy-lunardi/" target="_blank">Tune in here</a> (or click on the image below):</div><div><br /></div><div><div class="separator" style="clear: both; text-align: center;"><a href="https://www.raskmedia.com.au/2024/03/26/buying-commercial-property-with-pete-wargent-amy-lunardi/" style="margin-left: 1em; margin-right: 1em;" target="_blank"><img alt="" data-original-height="673" data-original-width="1229" height="350" src="https://blogger.googleusercontent.com/img/a/AVvXsEhtRA-lqjA1SKP07PYyyUoePGejah22P_VeFii4gvfAa0kS6rX8F9EjcuTs-jHApS4yLr4EMep47uMCyitwBcx9-jugySJ4nFBjDoM_BVzjDZ8NTCb3U5VDJEqBCYWJRRcvin2EiN6rvm1xqG8O4diAqlgx9uy0zoeA2EfjUFXXG4_dVtSgJrguz9eFT-0=w640-h350" width="640" /></a></div></div><div><br /></div><div>There's also a <a href="https://www.youtube.com/watch?v=Co2wbkiRcyM" target="_blank">Youtube version here</a>:</div><div><br /></div><div class="separator" style="clear: both; text-align: center;"><iframe allowfullscreen="" class="BLOG_video_class" height="266" src="https://www.youtube.com/embed/Co2wbkiRcyM" width="320" youtube-src-id="Co2wbkiRcyM"></iframe></div><div><br /></div><div>---</div><div><div><br /></div><div><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">P.S. Whenever you’re ready…here are 5 ways I can help you manage your own money and go next level wealth:</p><ol style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px;"><li style="box-sizing: inherit; margin: 0px 0px 0.2em; padding: 0px; text-align: justify;"><span style="box-sizing: inherit; font-weight: 700;">Boom or Bust – 20 minute online workshop for investors</span></li></ol><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Register for my next<span style="box-sizing: inherit; font-weight: 700;"> free online training</span> - Boom or Bust? How to change your investment plan - <a href="https://www.gonextlevelwealth.com.au/lrhr-free-online-training" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">book in here</a></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit;">You also download a free copy of my e-book <span style="box-sizing: inherit; font-weight: 700;">The Only 6 Ways to Become Wealthy</span> <a href="https://www.gonextlevelwealth.com.au/book" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>.</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit;"><span> </span>2. </span><span style="font-weight: 700;">Download our property buying guide</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px;"><span style="box-sizing: inherit;"></span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Download our free property buying guide <a href="https://www.allenwargent.com.au/" target="_blank">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">You can also check out a few of our recent property investment purchases <a href="https://www.allenwargent.com.au/results/" target="_blank">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><a href="https://www.allenwargent.com.au/contact-us/" target="_blank">Get in contact with us today</a> if strategic property investment is your thing. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="font-weight: 700;"> </span>3<span style="font-weight: 700;">. Subscribe to our Top 10 Podcasts for Investors</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit; font-weight: 700;">Listen in to our podcasts</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">The<span style="box-sizing: inherit;"> </span><a href="https://www.raskmedia.com.au/podcasts/australian-property-podcast/" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">Australian Property Podcast</a> is rapidly becoming one of Australia's biggest business podcasts, now with over 30,000 unique listeners per month.</p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">And our popular Low Rates High Returns Show also remains available on <a href="https://open.spotify.com/show/67P4wnQRx2163twnNNLdwK" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">Spotify</a>.</p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span> </span>4. <span style="font-weight: 700;">Subscribe for my free daily blog</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Subscribe for my free daily blog with well over 3.5 million hits <a href="http://petewargent.blogspot.com/" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">You can also catch up with me daily on Twitter <a href="https://twitter.com/PeteWargent" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>, where I'm active daily and have over 13,900 followers. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">By the way, I'm a 7-times published author on finance and investing, so you can check out some of my books <a href="https://petewargent.com/books/" target="_blank">here</a> (next one is due out July 1!). </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">5. <span style="font-weight: 700;">Work with me privately</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">For a limited time you can book in a free diagnosis call with me <a href="https://www.gonextlevelwealth.com.au/apply" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>, so book in a call today.</p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEjvn4SBGuG04zd4vGteSAHLmigpY2AR3pi2H2kX2kQnoXvwGiuICsj0DY6YZhdf3XITagnKq84-rc-wpiQeinW0y4LFnKLQp1tMxFtFLRg1xFdodGhPDbodOtT4BQlAeiCnCVUGvkJLOMj7mblmkzjD1ZNldXB2b3cMNt3E_FfXVrBgBkTYJsyIKZnr92Q" style="margin-left: 1em; margin-right: 1em;"><img alt="" data-original-height="540" data-original-width="816" height="424" src="https://blogger.googleusercontent.com/img/a/AVvXsEjvn4SBGuG04zd4vGteSAHLmigpY2AR3pi2H2kX2kQnoXvwGiuICsj0DY6YZhdf3XITagnKq84-rc-wpiQeinW0y4LFnKLQp1tMxFtFLRg1xFdodGhPDbodOtT4BQlAeiCnCVUGvkJLOMj7mblmkzjD1ZNldXB2b3cMNt3E_FfXVrBgBkTYJsyIKZnr92Q" width="640" /></a></div><p></p></div></div>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-1489746653740109359.post-52590469210994183072024-03-27T11:55:00.006+11:002024-03-27T20:47:42.774+11:006-month annualised inflation back to target<div style="text-align: justify;"><b><u>Inflation eases further than expected</u></b></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">Inflation came in a little softer than expected for the year to February, at 3.4 per cent.</div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">Excluding volatile items, the monthly inflation reading eased slightly from 4.1 per cent to 3.9 per cent over the year. </div><div style="text-align: justify;"><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi5-eAvjmN7QSeWaR7x7NDn2hBdNpy2boeGHV7pmTZ-In3r7wUDes1vMgufMjNVsekcJ8kKIxVA8kTbvb4BV_B0K_PvOxozRxVuB7d5xT5fgF8aI5mQSALjUocnSXLrRDaLXlThfLDXIM1Po2In39rzlkqLJL9fBIO0y6NIga6OJRz5PyMcgYc3Ub61npM/s1176/ABS1.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="526" data-original-width="1176" height="286" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi5-eAvjmN7QSeWaR7x7NDn2hBdNpy2boeGHV7pmTZ-In3r7wUDes1vMgufMjNVsekcJ8kKIxVA8kTbvb4BV_B0K_PvOxozRxVuB7d5xT5fgF8aI5mQSALjUocnSXLrRDaLXlThfLDXIM1Po2In39rzlkqLJL9fBIO0y6NIga6OJRz5PyMcgYc3Ub61npM/w640-h286/ABS1.jpg" width="640" /></a></div><div><br /></div><div><div style="text-align: center;"><u><i>Source: ABS</i></u></div><br /></div><div style="text-align: justify;">Of course, a lot of these price increases were over 6 months ago, and over the past 3 to 6 months inflation has been broadly in line with the target, as graphed by Callam Pickering of Indeed. </div><div><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjqHIEPqJl0eZzFEB9BlcLaPqE-kyYKonlR-rKUeiRXZa37heo-LLgjhNbQsA7fTaQZ6xPvhmjjvBpdcxZ66jdNZgPKmqHfTsBQFcDV6_uC4TG2TbFXOJXGW819Tsx3xXDgedut0cCAfX1_XsrwUHkyhmDpelqH1S8ezRDvcy3y87w4R-WpqeBCl7UPwCM/s738/CP.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="559" data-original-width="738" height="484" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjqHIEPqJl0eZzFEB9BlcLaPqE-kyYKonlR-rKUeiRXZa37heo-LLgjhNbQsA7fTaQZ6xPvhmjjvBpdcxZ66jdNZgPKmqHfTsBQFcDV6_uC4TG2TbFXOJXGW819Tsx3xXDgedut0cCAfX1_XsrwUHkyhmDpelqH1S8ezRDvcy3y87w4R-WpqeBCl7UPwCM/w640-h484/CP.jpg" width="640" /></a></div><br /><div>Overall, these were somewhat encouraging figures.</div><div><br /></div><div>James Foster ran through the figures in more detail <a href="https://jamesfostermacro.blogspot.com/2024/03/australian-cpi-34-in-february.html" target="_blank">here</a>.</div><div><br /></div><div><b><u>Tradies shortage</u></b></div><div><br /></div><div>A potential challenge for the inflation figures going forward may prove to be the shortage of housing pushing up rents.</div><div><br /></div><div style="text-align: justify;">ABS figures released today show public sector spending on engineering construction and related infrastructure continued to soar to over $5 billion in the final quarter of 2023.</div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">Public spending has been higher before, during the global financial crisis nation building stimulus projects...but not by much. </div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">This latest surge reflects some huge infrastructure and transport projects being pursued in New South Wales and Victoria in particular. </div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">With mining engineering construction also strong, total engineering construction work is approaching the heady peaks of the resources boomtime years. </div><br /><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEixZZPYibChgxWypxkQ1tHYb2kdamU3My3hC1yCeRDgqu_IliRALPbd9NFUbCP-zXTx8K6MFHEV_nGV_dq6t4i7QXBVDvNxLjXVYHVsTqw75BYxz6_vftmD-BJw1-vCNz_VeEJveh5r46UBN6jZ-gaPAAa5LPzBLUXuuPv4pEai6NUAVnSWKXorDwqn9Bc/s1389/ENG1.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="812" data-original-width="1389" height="374" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEixZZPYibChgxWypxkQ1tHYb2kdamU3My3hC1yCeRDgqu_IliRALPbd9NFUbCP-zXTx8K6MFHEV_nGV_dq6t4i7QXBVDvNxLjXVYHVsTqw75BYxz6_vftmD-BJw1-vCNz_VeEJveh5r46UBN6jZ-gaPAAa5LPzBLUXuuPv4pEai6NUAVnSWKXorDwqn9Bc/w640-h374/ENG1.jpg" width="640" /></a></div><br /><div style="text-align: justify;">This is naturally good news for the Aussie economy, but is also creating a shortage of available tradies and construction workers for the building of housing, where dwelling supply targets are being consistently thwarted. </div><div><br /></div><div><div>---</div><div><br /></div><div><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">P.S. Whenever you’re ready…here are 5 ways I can help you manage your own money and go next level wealth:</p><ol style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px;"><li style="box-sizing: inherit; margin: 0px 0px 0.2em; padding: 0px; text-align: justify;"><span style="box-sizing: inherit; font-weight: 700;">Boom or Bust – 20 minute online workshop for investors</span></li></ol><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Register for my next<span style="box-sizing: inherit; font-weight: 700;"> free online training</span> - Boom or Bust? How to change your investment plan - <a href="https://www.gonextlevelwealth.com.au/lrhr-free-online-training" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; text-decoration: none; transition: 0.1s;">book in here</a></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit;">You also download a free copy of my e-book <span style="box-sizing: inherit; font-weight: 700;">The Only 6 Ways to Become Wealthy</span> <a href="https://www.gonextlevelwealth.com.au/book" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; text-decoration: none; transition: 0.1s;">here</a>.</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit;"><span> </span>2. </span><span style="font-weight: 700;">Download our property buying guide</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px;"><span style="box-sizing: inherit;"></span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Download our free property buying guide <a href="https://www.allenwargent.com.au/" target="_blank">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">You can also check out a few of our recent property investment purchases <a href="https://www.allenwargent.com.au/results/" target="_blank">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><a href="https://www.allenwargent.com.au/contact-us/" target="_blank">Get in contact with us today</a> if strategic property investment is your thing. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="font-weight: 700;"> </span>3<span style="font-weight: 700;">. Subscribe to our Top 10 Podcasts for Investors</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit; font-weight: 700;">Listen in to our podcasts</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">The<span style="box-sizing: inherit;"> </span><a href="https://www.raskmedia.com.au/podcasts/australian-property-podcast/" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; text-decoration: none; transition: 0.1s;">Australian Property Podcast</a> is rapidly becoming one of Australia's biggest business podcasts, now with over 30,000 unique listeners per month.</p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">And our popular Low Rates High Returns Show also remains available on <a href="https://open.spotify.com/show/67P4wnQRx2163twnNNLdwK" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; text-decoration: none; transition: 0.1s;">Spotify</a>.</p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span> </span>4. <span style="font-weight: 700;">Subscribe for my free daily blog</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Subscribe for my free daily blog with well over 3.5 million hits <a href="http://petewargent.blogspot.com/" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; text-decoration: none; transition: 0.1s;">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">You can also catch up with me daily on Twitter <a href="https://twitter.com/PeteWargent" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; text-decoration: none; transition: 0.1s;">here</a>, where I'm active daily and have over 13,900 followers. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">By the way, I'm a 7-times published author on finance and investing, so you can check out some of my books <a href="https://petewargent.com/books/" target="_blank">here</a> (next one is due out July 1!). </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">5. <span style="font-weight: 700;">Work with me privately</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">For a limited time you can book in a free diagnosis call with me <a href="https://www.gonextlevelwealth.com.au/apply" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; text-decoration: none; transition: 0.1s;">here</a>, so book in a call today.</p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi8P3LJKmKkZ0RkRm6RUjBC7KqQ2hCT6EBJwvRlrS6ioRwFwt2RIeQL23fAIF-pqt1wJxlr-QJ9x6rKqR-eOBhpSkznRIUYph9xaaKWKaE3WkGgvR4Uc6gq-d3nyDBKMV1PENGOeVpCdt8bZ7Ab1ft_d8iOmg16LQ5MrZhTaCJhdMBrjGQNcPlmAorNFuk/s825/Infra.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="545" data-original-width="825" height="422" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi8P3LJKmKkZ0RkRm6RUjBC7KqQ2hCT6EBJwvRlrS6ioRwFwt2RIeQL23fAIF-pqt1wJxlr-QJ9x6rKqR-eOBhpSkznRIUYph9xaaKWKaE3WkGgvR4Uc6gq-d3nyDBKMV1PENGOeVpCdt8bZ7Ab1ft_d8iOmg16LQ5MrZhTaCJhdMBrjGQNcPlmAorNFuk/w640-h422/Infra.jpg" width="640" /></a></div></div></div>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-1489746653740109359.post-16030678126813284842024-03-27T08:47:00.010+11:002024-03-27T10:25:11.414+11:00State governments fuel land tax fire<div style="text-align: justify;"><b><u>Cash grab!</u></b></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">It would take far too long to post too many details here, but it seems that it's not only Victoria that's going in for wild increases in land taxes as part of a state government tax grab.</div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">Updates this week from Queensland suggest land value increases of up to 60 per cent or more, with plenty of property owners now reporting a doubling in unimproved land valuations in only a few years. </div><div><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhLw97TYXiIXMX0mcdHCOdnXHKpiXXsye1BBpZMn9BR7HLz_npZzbbQpnX_KAYETRtW6rgEWQy_Dg1oZz_uiNSpG4a2Wuk2cQcjhrvbRWsM6AL6hIvWCziVx0hfwIz8g0PzmIpTtlnn7pRrTRPTNKfU6m8cBrTEg2V6xMY67Bno0toxNyH1buH8CyeYbgg/s772/Land%20taxes.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="772" data-original-width="678" height="640" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhLw97TYXiIXMX0mcdHCOdnXHKpiXXsye1BBpZMn9BR7HLz_npZzbbQpnX_KAYETRtW6rgEWQy_Dg1oZz_uiNSpG4a2Wuk2cQcjhrvbRWsM6AL6hIvWCziVx0hfwIz8g0PzmIpTtlnn7pRrTRPTNKfU6m8cBrTEg2V6xMY67Bno0toxNyH1buH8CyeYbgg/w562-h640/Land%20taxes.jpg" width="562" /></a></div><div style="text-align: justify;"><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhw3ORWrFRUVYG-UOEO643MkvrEhZD1WG0Rk9DtUUPhqS5jELEuPzpaV6X5p0J_pBdGJxK3yOy6_3Uyr4UH_eHkogIo14I8orn72sdC7xwmiwE6wep9wZDrD9pY47KOJbTB6yI5zHaWBbu6K2YXvxbdj5g61RI9McjB5VsMlFw2yOlj3syGTNRFxA73Cx8/s749/DD.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="299" data-original-width="749" height="256" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhw3ORWrFRUVYG-UOEO643MkvrEhZD1WG0Rk9DtUUPhqS5jELEuPzpaV6X5p0J_pBdGJxK3yOy6_3Uyr4UH_eHkogIo14I8orn72sdC7xwmiwE6wep9wZDrD9pY47KOJbTB6yI5zHaWBbu6K2YXvxbdj5g61RI9McjB5VsMlFw2yOlj3syGTNRFxA73Cx8/w640-h256/DD.jpg" width="640" /></a></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">It's been on this trend for the past four years since the beginning of the pandemic. </div><div style="text-align: justify;"><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgnCopQh0nX8r-PCuO-NS9Mpd-TMnhn_ni_UMS2_Y-AIc-44o-sm1EWH220R-tudIT11EuG3bG8uTaWC7TS7CyagGcuQSiaoZAu9qAHdxdT5hOhMhxumw7IoHmBKUzz0V28ntNktUQCyTA8D4omhhwC81qZDHlbVcQTW5T5BIWyqPBGpl2zXbou7sxLplw/s748/QLD1.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="264" data-original-width="748" height="226" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgnCopQh0nX8r-PCuO-NS9Mpd-TMnhn_ni_UMS2_Y-AIc-44o-sm1EWH220R-tudIT11EuG3bG8uTaWC7TS7CyagGcuQSiaoZAu9qAHdxdT5hOhMhxumw7IoHmBKUzz0V28ntNktUQCyTA8D4omhhwC81qZDHlbVcQTW5T5BIWyqPBGpl2zXbou7sxLplw/w640-h226/QLD1.jpg" width="640" /></a></div><br /><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh-1bYPXZ_w1_2XSd6DiaptIeZvZ6yQrvemvX47vDALOHJMzME4mcr5IwdTSEDax02aykvIu7GLLw8MT8V5TEa_M6d86HA-CHSElu244eBhwz2tWITxcbQ9h61Bl-0zLSmA007Tkp4SjURhXG0zP6u0pwmIVJtE33glhSiBtT28-HEIEEAaUdMS2qcF7H0/s750/QLD2.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="311" data-original-width="750" height="266" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh-1bYPXZ_w1_2XSd6DiaptIeZvZ6yQrvemvX47vDALOHJMzME4mcr5IwdTSEDax02aykvIu7GLLw8MT8V5TEa_M6d86HA-CHSElu244eBhwz2tWITxcbQ9h61Bl-0zLSmA007Tkp4SjURhXG0zP6u0pwmIVJtE33glhSiBtT28-HEIEEAaUdMS2qcF7H0/w640-h266/QLD2.jpg" width="640" /></a></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">New South Wales also seems to be making up for lost time in this regard. </div><div style="text-align: justify;"><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiijmmZ9nC_OWEMDT3q3SgrThJQgybKz-f7TanUTuJmVRqtG6l0zbvayj80rFjxGer73H6ooSNwIWnEKIbsvl7SgOoIek-QZHkANVynSsEVVxTPR41yH4cWX89V-H-FVaWEcuWRGRLQoOka_KprLclYvDsF6WkO-O5guwxpJxlcqu-CWyuSZVRKob0Ic6E/s758/NSW.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="206" data-original-width="758" height="174" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiijmmZ9nC_OWEMDT3q3SgrThJQgybKz-f7TanUTuJmVRqtG6l0zbvayj80rFjxGer73H6ooSNwIWnEKIbsvl7SgOoIek-QZHkANVynSsEVVxTPR41yH4cWX89V-H-FVaWEcuWRGRLQoOka_KprLclYvDsF6WkO-O5guwxpJxlcqu-CWyuSZVRKob0Ic6E/w640-h174/NSW.jpg" width="640" /></a></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">State governments appear to be attempting to claw back some of the phenomenal waste of recent years through ratcheting up land taxes and rates. </div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">This isn't that surprising in itself, but it's also going to be manifested in fewer private landlords and more large rent increases to cover the shortfall. </div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">Other implications? </div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">Presumably we will see relatively fewer private landlords owning detached homes, creating a rental shortage for family-friendly rentals.</div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">And we may also see more investors choosing to buy units, pushing up entry prices there.</div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">But, in this market - with rental vacancies already at record lows - mainly it will mean higher rents.</div><div style="text-align: justify;"><br /></div><div style="text-align: justify;"><div style="text-align: left;">---</div><div style="text-align: left;"><br /></div><div style="text-align: left;"><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">P.S. Whenever you’re ready…here are 5 ways I can help you manage your own money and go next level wealth:</p><ol style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px;"><li style="box-sizing: inherit; margin: 0px 0px 0.2em; padding: 0px; text-align: justify;"><span style="box-sizing: inherit; font-weight: 700;">Boom or Bust – 20 minute online workshop for investors</span></li></ol><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Register for my next<span style="box-sizing: inherit; font-weight: 700;"> free online training</span> - Boom or Bust? How to change your investment plan - <a href="https://www.gonextlevelwealth.com.au/lrhr-free-online-training" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">book in here</a></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit;">You also download a free copy of my e-book <span style="box-sizing: inherit; font-weight: 700;">The Only 6 Ways to Become Wealthy</span> <a href="https://www.gonextlevelwealth.com.au/book" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>.</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit;"><span> </span>2. </span><span style="font-weight: 700;">Download our property buying guide</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px;"><span style="box-sizing: inherit;"></span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Download our free property buying guide <a href="https://www.allenwargent.com.au/" target="_blank">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">You can also check out a few of our recent property investment purchases <a href="https://www.allenwargent.com.au/results/" target="_blank">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><a href="https://www.allenwargent.com.au/contact-us/" target="_blank">Get in contact with us today</a> if strategic property investment is your thing. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="font-weight: 700;"> </span>3<span style="font-weight: 700;">. Subscribe to our Top 10 Podcasts for Investors</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit; font-weight: 700;">Listen in to our podcasts</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">The<span style="box-sizing: inherit;"> </span><a href="https://www.raskmedia.com.au/podcasts/australian-property-podcast/" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">Australian Property Podcast</a> is rapidly becoming one of Australia's biggest business podcasts, now with over 30,000 unique listeners per month.</p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">And our popular Low Rates High Returns Show also remains available on <a href="https://open.spotify.com/show/67P4wnQRx2163twnNNLdwK" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">Spotify</a>.</p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span> </span>4. <span style="font-weight: 700;">Subscribe for my free daily blog</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Subscribe for my free daily blog with well over 3.5 million hits <a href="http://petewargent.blogspot.com/" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">You can also catch up with me daily on Twitter <a href="https://twitter.com/PeteWargent" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>, where I'm active daily and have over 13,900 followers. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">By the way, I'm a 7-times published author on finance and investing, so you can check out some of my books <a href="https://petewargent.com/books/" target="_blank">here</a> (next one is due out July 1!). </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">5. <span style="font-weight: 700;">Work with me privately</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">For a limited time you can book in a free diagnosis call with me <a href="https://www.gonextlevelwealth.com.au/apply" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>, so book in a call today.</p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg6WBew7UP_a-bX79MspXXUPF6XD_-Kom4SCyBA_x6UKbeSgc40I3uZIG6Cqqai9iNW2qEesZVDa55g8u68xvxYlmPMV6sL-b2zwL2Z9yMeAuqOoe30TfpjAByRbX60i2lt21Ye-h3-Ioldvb_SRq7BPrMpnMPGPqA6jf2cRwyxmj-AercVX1g4a0IDvm8/s821/TAx.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="533" data-original-width="821" height="416" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg6WBew7UP_a-bX79MspXXUPF6XD_-Kom4SCyBA_x6UKbeSgc40I3uZIG6Cqqai9iNW2qEesZVDa55g8u68xvxYlmPMV6sL-b2zwL2Z9yMeAuqOoe30TfpjAByRbX60i2lt21Ye-h3-Ioldvb_SRq7BPrMpnMPGPqA6jf2cRwyxmj-AercVX1g4a0IDvm8/w640-h416/TAx.jpg" width="640" /></a></div></div></div>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-1489746653740109359.post-40009654319042877812024-03-26T19:07:00.003+11:002024-03-26T19:07:37.762+11:00Push is on for normalised lending <div style="text-align: justify;"><b><u>Time for risk on</u></b></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">A brief snapshot of a few of the lead articles today from the <i>Australian Financial Review...</i></div><div style="text-align: justify;"><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhmtD4YaxHFabTxcPdZ3_rQcxHp1wl9R788lJUp7yl0c7c1of2tbafHo1NEehFknWZTEAplVzhfo8sGfjWqqG3IN-ZYJ1F2VQ7w9cvxDj5go0THnrIEjnJcamZpMBZXlJub33ci50REhI3TIFMhrPILFfCOLwqWqH6seoKDPe65SDHM4uOFhpiqeltvXZ0/s2048/AFR1.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="2048" data-original-width="1086" height="640" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhmtD4YaxHFabTxcPdZ3_rQcxHp1wl9R788lJUp7yl0c7c1of2tbafHo1NEehFknWZTEAplVzhfo8sGfjWqqG3IN-ZYJ1F2VQ7w9cvxDj5go0THnrIEjnJcamZpMBZXlJub33ci50REhI3TIFMhrPILFfCOLwqWqH6seoKDPe65SDHM4uOFhpiqeltvXZ0/w340-h640/AFR1.jpg" width="340" /></a></div><br /><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjW8iEzBECGXOOhLpLABJaMfcVvQXxlAaoZbkuSDpCCnP2_X5KopP4pm-J3XX7Kd6o3o53IOwCs2aX475-xKGyR86E10x9mbZ50CG3Tmk5fdqx1IjDO744BEdqB4SrEIcmG70ZsoipsdUgG_u_ABQvCGQ76f0yVL8iLHVHze5HaqBywozX9yge3Yh25ueI/s1789/AFR2.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="1789" data-original-width="1125" height="640" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjW8iEzBECGXOOhLpLABJaMfcVvQXxlAaoZbkuSDpCCnP2_X5KopP4pm-J3XX7Kd6o3o53IOwCs2aX475-xKGyR86E10x9mbZ50CG3Tmk5fdqx1IjDO744BEdqB4SrEIcmG70ZsoipsdUgG_u_ABQvCGQ76f0yVL8iLHVHze5HaqBywozX9yge3Yh25ueI/w402-h640/AFR2.jpg" width="402" /></a></div><br /><div class="separator" style="clear: both; text-align: justify;">A fairly conclusive message from a range of different sources. </div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">It looks like a somewhat co-ordinated push to let banks lend again without needing to run extremely stringent stress tests for approximately 10 per cent mortgage rates which clearly aren't going to eventuate. </div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">The UK scrapped its equivalent buffer long ago, now requiring a minimum 1 percentage point buffer, while factoring in rising power prices.</div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">Yet in Australia we're still stuck with an unprecedented 3 percentage point buffers. </div><div style="text-align: justify;"><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiNG59ba1LykMEhKFvjz3_CsEEczMsctc_5ONyyq0M31oPMdnzmd8RySrdRyi4Vli-IboDcyMUKL1lJl2cc58UHMZrbE_c6ufi4r4uxGamPLKXnoUPxnLw_0AVjVV254TTfVoTCoccJp4rstljDo7PWjzPcb253zPp1TI-My2dP-_sMx3vn-6xi69YgmEI/s736/AFR3.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="207" data-original-width="736" height="180" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiNG59ba1LykMEhKFvjz3_CsEEczMsctc_5ONyyq0M31oPMdnzmd8RySrdRyi4Vli-IboDcyMUKL1lJl2cc58UHMZrbE_c6ufi4r4uxGamPLKXnoUPxnLw_0AVjVV254TTfVoTCoccJp4rstljDo7PWjzPcb253zPp1TI-My2dP-_sMx3vn-6xi69YgmEI/w640-h180/AFR3.jpg" width="640" /></a></div><br /><div style="text-align: justify;">Time to get back to normal!</div><div style="text-align: justify;"><br /></div><div style="text-align: justify;"><div style="text-align: left;">---</div><div style="text-align: left;"><br /></div><div style="text-align: left;"><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">P.S. Whenever you’re ready…here are 5 ways I can help you manage your own money and go next level wealth:</p><ol style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px;"><li style="box-sizing: inherit; margin: 0px 0px 0.2em; padding: 0px; text-align: justify;"><span style="box-sizing: inherit; font-weight: 700;">Boom or Bust – 20 minute online workshop for investors</span></li></ol><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Register for my next<span style="box-sizing: inherit; font-weight: 700;"> free online training</span> - Boom or Bust? How to change your investment plan - <a href="https://www.gonextlevelwealth.com.au/lrhr-free-online-training" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">book in here</a></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit;">You also download a free copy of my e-book <span style="box-sizing: inherit; font-weight: 700;">The Only 6 Ways to Become Wealthy</span> <a href="https://www.gonextlevelwealth.com.au/book" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>.</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit;"><span> </span>2. </span><span style="font-weight: 700;">Download our property buying guide</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px;"><span style="box-sizing: inherit;"></span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Download our free property buying guide <a href="https://www.allenwargent.com.au/" target="_blank">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">You can also check out a few of our recent property investment purchases <a href="https://www.allenwargent.com.au/results/" target="_blank">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><a href="https://www.allenwargent.com.au/contact-us/" target="_blank">Get in contact with us today</a> if strategic property investment is your thing. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="font-weight: 700;"> </span>3<span style="font-weight: 700;">. Subscribe to our Top 10 Podcasts for Investors</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit; font-weight: 700;">Listen in to our podcasts</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">The<span style="box-sizing: inherit;"> </span><a href="https://www.raskmedia.com.au/podcasts/australian-property-podcast/" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">Australian Property Podcast</a> is rapidly becoming one of Australia's biggest business podcasts, now with over 30,000 unique listeners per month.</p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">And our popular Low Rates High Returns Show also remains available on <a href="https://open.spotify.com/show/67P4wnQRx2163twnNNLdwK" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">Spotify</a>.</p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span> </span>4. <span style="font-weight: 700;">Subscribe for my free daily blog</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Subscribe for my free daily blog with well over 3.5 million hits <a href="http://petewargent.blogspot.com/" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">You can also catch up with me daily on Twitter <a href="https://twitter.com/PeteWargent" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>, where I'm active daily and have over 13,900 followers. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">By the way, I'm a 7-times published author on finance and investing, so you can check out some of my books <a href="https://petewargent.com/books/" target="_blank">here</a> (next one is due out July 1!). </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">5. <span style="font-weight: 700;">Work with me privately</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">For a limited time you can book in a free diagnosis call with me <a href="https://www.gonextlevelwealth.com.au/apply" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>, so book in a call today.</p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjhYb16akTbbd4UYV0nFB5tgvweBwtZ2O6pOZUf25LbJQFftIMNYCulpWV5CQQl3_lex3h-1Gii_MwYQGUDOpWAecTZv9kOVGrvmAYcmPMeQ6ShD4AUlNgBSvnvv5wtIoU4IATexsmxJCsEgBjDLw01g_ZgAXSKw24UNhbSwC9QI8D_CAn5afJ2ITrBHhs/s827/Syd.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="549" data-original-width="827" height="424" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjhYb16akTbbd4UYV0nFB5tgvweBwtZ2O6pOZUf25LbJQFftIMNYCulpWV5CQQl3_lex3h-1Gii_MwYQGUDOpWAecTZv9kOVGrvmAYcmPMeQ6ShD4AUlNgBSvnvv5wtIoU4IATexsmxJCsEgBjDLw01g_ZgAXSKw24UNhbSwC9QI8D_CAn5afJ2ITrBHhs/w640-h424/Syd.jpg" width="640" /></a></div></div></div>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-1489746653740109359.post-632767298707938162024-03-26T13:14:00.005+11:002024-03-26T21:47:48.499+11:00Capital city growth the highest on record, reports ABS<div style="text-align: justify;"><b><u>Capital cities bust records</u></b></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">Enormous population growth figures were reported by the ABS for Melbourne (+167,500), Sydney (+146,700), Brisbane (+81,200), and Perth (+81,300) in the 2023 financial year. </div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">In fact, these were the highest figures since the data series began more than half a century ago in 1971. </div><div><br /></div><div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEhFd_l2-4dj0gMQJjQXd86FYgiLmJD1_RGBrTrycx4SrwpxCw2mF7J72XRCSdMLtujFqzboctM146skR3dHZmwCEQu2u0lnqGRVvoN8MaCvZJoU9b-zLdZ_eCOtyquGeI8IEl8rUV5J87VklHqBUa7M6bkcuHfDKsK2Fji7T9zW7wbhgl4JVo738st84s0" style="margin-left: 1em; margin-right: 1em;"><img alt="" data-original-height="568" data-original-width="750" height="480" src="https://blogger.googleusercontent.com/img/a/AVvXsEhFd_l2-4dj0gMQJjQXd86FYgiLmJD1_RGBrTrycx4SrwpxCw2mF7J72XRCSdMLtujFqzboctM146skR3dHZmwCEQu2u0lnqGRVvoN8MaCvZJoU9b-zLdZ_eCOtyquGeI8IEl8rUV5J87VklHqBUa7M6bkcuHfDKsK2Fji7T9zW7wbhgl4JVo738st84s0" width="634" /></a></div><br /><div style="text-align: justify;">In percentage terms, Perth had the highest growth rate at +3.6 per cent.</div></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">Population growth in regional Australia (+1.4 per cent) was slower than in the capital cities (+3 per cent) as immigration resumed. </div><div><br /></div><div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEic2L9hIJaLb2pB7zdaoHSTbZ9sKE7yY3v03vQMfP1ZyrB7yPcaIy61iuOcz1gs9Zb9YOB1xYjZS106fF0DHVUKAC8lq7H0RYXt9H25LubYTDqr1OX5j9g0_XWPl8ve0uLKAldhIWRiHrw4jB4x4ok6cdy7VZlZpoyPvl7MVZaaeyKkxJ935LAnx-bpykg" style="margin-left: 1em; margin-right: 1em;"><img alt="" data-original-height="484" data-original-width="1481" height="210" src="https://blogger.googleusercontent.com/img/a/AVvXsEic2L9hIJaLb2pB7zdaoHSTbZ9sKE7yY3v03vQMfP1ZyrB7yPcaIy61iuOcz1gs9Zb9YOB1xYjZS106fF0DHVUKAC8lq7H0RYXt9H25LubYTDqr1OX5j9g0_XWPl8ve0uLKAldhIWRiHrw4jB4x4ok6cdy7VZlZpoyPvl7MVZaaeyKkxJ935LAnx-bpykg=w640-h210" width="640" /></a></div></div><div><br /></div><div style="text-align: center;"><u><i>Source: ABS</i></u></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">Most new migrants continue to head to Sydney and Melbourne, but it was interesting to see the growth in popularity for Perth on these figures, moving right up alongside Brisbane. </div><div><br /></div><div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEifGGOwSQjRoowSo0MwyYzMjwoBU_dqDOn4QLr-KXsy2Mdcs6uTVSc8urlu6wzi4-mWhwn0SJFjcY-IbsNZT36Htv5uqsEI8kaOJ3IGmkuHd2MfPza1aYk-5JX177TfN2zzo4tdaj6n9lfoyPDlKu31wGGP6kr9j6o0c81-0yldQ5GKlrRSdIp82VfXlU0" style="margin-left: 1em; margin-right: 1em;"><img alt="" data-original-height="728" data-original-width="866" height="539" src="https://blogger.googleusercontent.com/img/a/AVvXsEifGGOwSQjRoowSo0MwyYzMjwoBU_dqDOn4QLr-KXsy2Mdcs6uTVSc8urlu6wzi4-mWhwn0SJFjcY-IbsNZT36Htv5uqsEI8kaOJ3IGmkuHd2MfPza1aYk-5JX177TfN2zzo4tdaj6n9lfoyPDlKu31wGGP6kr9j6o0c81-0yldQ5GKlrRSdIp82VfXlU0=w640-h539" width="640" /></a></div><br /><div style="text-align: center;"><u><i>Source: ABS</i></u></div></div><div><br /></div><div style="text-align: justify;">It may even be the case that the figures for the 2024 financial year prove to be even higher again.</div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">The sub-regional data also revealed some interesting patterns in terms of the most (and least) popular destinations and population growth hubs, but the macro picture is that lending settings are tight and there could prove to be nowhere appropriate for all these new arrivals to live. </div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">For the time being mortgages are being assessed with a 3 percentage points lending assessment buffer - even though markets are pricing for lower interest rates over the next 18 months - and lending for the purchase and construction of new homes is tracking at around all-time lows.</div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">This is now becoming a major policy issue for the government, and the record population growth rebound is happening as tent cities have variously been sprouting up in Sydney CBD, Wentworth Park, Enmore, Dee Why, NSW South Coast, inner-city Melbourne, Perth, Fremantle, South Brisbane, Toowoomba, Gold Coast, Caboolture, and elsewhere.</div><div style="text-align: justify;"><br /></div><div style="text-align: justify;"><div style="text-align: left;">---</div><div style="text-align: left;"><br /></div><div style="text-align: left;"><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">P.S. Whenever you’re ready…here are 5 ways I can help you manage your own money and go next level wealth:</p><ol style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px;"><li style="box-sizing: inherit; margin: 0px 0px 0.2em; padding: 0px; text-align: justify;"><span style="box-sizing: inherit; font-weight: 700;">Boom or Bust – 20 minute online workshop for investors</span></li></ol><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Register for my next<span style="box-sizing: inherit; font-weight: 700;"> free online training</span> - Boom or Bust? How to change your investment plan - <a href="https://www.gonextlevelwealth.com.au/lrhr-free-online-training" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; text-decoration: none; transition: 0.1s;">book in here</a></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit;">You also download a free copy of my e-book <span style="box-sizing: inherit; font-weight: 700;">The Only 6 Ways to Become Wealthy</span> <a href="https://www.gonextlevelwealth.com.au/book" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; text-decoration: none; transition: 0.1s;">here</a>.</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit;"><span> </span>2. </span><span style="font-weight: 700;">Download our property buying guide</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px;"><span style="box-sizing: inherit;"></span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Download our free property buying guide <a href="https://www.allenwargent.com.au/" target="_blank">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">You can also check out a few of our recent property investment purchases <a href="https://www.allenwargent.com.au/results/" target="_blank">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><a href="https://www.allenwargent.com.au/contact-us/" target="_blank">Get in contact with us today</a> if strategic property investment is your thing. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="font-weight: 700;"> </span>3<span style="font-weight: 700;">. Subscribe to our Top 10 Podcasts for Investors</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit; font-weight: 700;">Listen in to our podcasts</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">The<span style="box-sizing: inherit;"> </span><a href="https://www.raskmedia.com.au/podcasts/australian-property-podcast/" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; text-decoration: none; transition: 0.1s;">Australian Property Podcast</a> is rapidly becoming one of Australia's biggest business podcasts, now with over 30,000 unique listeners per month.</p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">And our popular Low Rates High Returns Show also remains available on <a href="https://open.spotify.com/show/67P4wnQRx2163twnNNLdwK" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; text-decoration: none; transition: 0.1s;">Spotify</a>.</p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span> </span>4. <span style="font-weight: 700;">Subscribe for my free daily blog</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Subscribe for my free daily blog with well over 3.5 million hits <a href="http://petewargent.blogspot.com/" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; text-decoration: none; transition: 0.1s;">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">You can also catch up with me daily on Twitter <a href="https://twitter.com/PeteWargent" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; text-decoration: none; transition: 0.1s;">here</a>, where I'm active daily and have over 13,900 followers. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">By the way, I'm a 7-times published author on finance and investing, so you can check out some of my books <a href="https://petewargent.com/books/" target="_blank">here</a> (next one is due out July 1!). </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">5. <span style="font-weight: 700;">Work with me privately</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">For a limited time you can book in a free diagnosis call with me <a href="https://www.gonextlevelwealth.com.au/apply" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; text-decoration: none; transition: 0.1s;">here</a>, so book in a call today.</p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEjbWm8WmqiDqb0Rd_eft8Uf_lzgUEnbHmN_dIDG999EoPpkRAH9sGphITQp7E1mZ6cwLioGHvcAaEdJ3zHKgmnThFR-rQXdlqa1QQBkHMNv1H0sYKTUL-8vJFS2e2Qwlj9jU_ctsfaz09L0JY7mnkHYpxTR-WIujEIzHWCXFo3Y1HyM3XmrdhzbP-swfaI" style="margin-left: 1em; margin-right: 1em;"><img alt="" data-original-height="540" data-original-width="817" height="423" src="https://blogger.googleusercontent.com/img/a/AVvXsEjbWm8WmqiDqb0Rd_eft8Uf_lzgUEnbHmN_dIDG999EoPpkRAH9sGphITQp7E1mZ6cwLioGHvcAaEdJ3zHKgmnThFR-rQXdlqa1QQBkHMNv1H0sYKTUL-8vJFS2e2Qwlj9jU_ctsfaz09L0JY7mnkHYpxTR-WIujEIzHWCXFo3Y1HyM3XmrdhzbP-swfaI" width="640" /></a></div><p></p></div></div>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-1489746653740109359.post-57441976566704515582024-03-25T16:05:00.001+11:002024-03-25T16:05:30.682+11:00Immigration train not slowing yet<div style="text-align: justify;"><b><u>Student numbers hit records</u></b></div><div style="text-align: justify;"><b><u><br /></u></b></div><div style="text-align: justify;">The government has ostensibly put some measures in place to slow down the rate of immigration, in part through tightening the rules around student visa applications, including higher refusal rates and a reduced scope for stay extensions. </div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">Policy reforms take time to turn these things around, however, and in February 2024 net student arrivals figures look to be close to +150,000 (well up from around +119,000 last year). </div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">February is a key month for student arrivals due to University term times and course commencements. </div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">Student arrivals are the largest contributor to the change in net migration, and this latest month of figures takes total international students in Australia up to around 700,000. </div><div><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg01anVm2b2ZrMHcnyuk7hp_nhnbstpTxxCEsNlU5sbICIijj_CNb2HtDIsYykCebN-1wnsRTCXIP3tSQWBk9YhQ1HbYDL9UJp_wFykbSxcq2bDJUj4D30aLmxslEPbCYqHMPcMM1dvDRHqqdUmT2EUZZCCgfGacgf9l9BjYa9MbEAFno6m8xRFX2e4V-Y/s753/Abul.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="217" data-original-width="753" height="184" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg01anVm2b2ZrMHcnyuk7hp_nhnbstpTxxCEsNlU5sbICIijj_CNb2HtDIsYykCebN-1wnsRTCXIP3tSQWBk9YhQ1HbYDL9UJp_wFykbSxcq2bDJUj4D30aLmxslEPbCYqHMPcMM1dvDRHqqdUmT2EUZZCCgfGacgf9l9BjYa9MbEAFno6m8xRFX2e4V-Y/w640-h184/Abul.jpg" width="640" /></a></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">The rapid rate of immigration is one important factor in the dwelling shortage, alongside higher interest rates, very tight lending regulations, and the extremely steep increase in construction costs since 2020. </div><div><br /></div><div style="text-align: justify;">There's also currently a shortage of skilled tradies, partly due to competition for labour from infrastructure projects, such as the Western Sydney Airport and Melbourne's suburban rail loop, and a wide range of mining projects.</div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">BuildSkills Australia estimates that Australia needs an additional 90,000 tradespeople over the next three months, which is obviously an impossible goal. </div><div><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg68H4ZPMC-c-1EezE3-pPmbkAaMkWHoK0nZADmPlDtw3JzxqgqtKD0IvBqSEXParkFSTgqmAYuc-1ItxwaVozQMeCCZP-j7drRoDX0xGqTviddo578xiOD7BDjxDWJty3fv9H4112P9a1ZC3QbdBUlmg5WVWqu-WUPJ3OFwSpLyq8RwWQYAHMjiJr2qDA/s755/Tradies.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="531" data-original-width="755" height="450" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg68H4ZPMC-c-1EezE3-pPmbkAaMkWHoK0nZADmPlDtw3JzxqgqtKD0IvBqSEXParkFSTgqmAYuc-1ItxwaVozQMeCCZP-j7drRoDX0xGqTviddo578xiOD7BDjxDWJty3fv9H4112P9a1ZC3QbdBUlmg5WVWqu-WUPJ3OFwSpLyq8RwWQYAHMjiJr2qDA/w640-h450/Tradies.jpg" width="640" /></a></div><br /><div style="text-align: justify;">Ironically, this is likely to result in the call for a higher intake of skilled construction and trades workers, in turn exacerbating the housing shortage. </div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">All a bit circular, but there's no chance of the government hitting its 1.2 million homes over 5 years target.</div><div><br /></div><div><div>---</div><div><br /></div><div><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">P.S. Whenever you’re ready…here are 5 ways I can help you manage your own money and go next level wealth:</p><ol style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px;"><li style="box-sizing: inherit; margin: 0px 0px 0.2em; padding: 0px; text-align: justify;"><span style="box-sizing: inherit; font-weight: 700;">Boom or Bust – 20 minute online workshop for investors</span></li></ol><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Register for my next<span style="box-sizing: inherit; font-weight: 700;"> free online training</span> - Boom or Bust? How to change your investment plan - <a href="https://www.gonextlevelwealth.com.au/lrhr-free-online-training" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">book in here</a></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit;">You also download a free copy of my e-book <span style="box-sizing: inherit; font-weight: 700;">The Only 6 Ways to Become Wealthy</span> <a href="https://www.gonextlevelwealth.com.au/book" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>.</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit;"><span> </span>2. </span><span style="font-weight: 700;">Download our property buying guide</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px;"><span style="box-sizing: inherit;"></span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Download our free property buying guide <a href="https://www.allenwargent.com.au/" target="_blank">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">You can also check out a few of our recent property investment purchases <a href="https://www.allenwargent.com.au/results/" target="_blank">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><a href="https://www.allenwargent.com.au/contact-us/" target="_blank">Get in contact with us today</a> if strategic property investment is your thing. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="font-weight: 700;"> </span>3<span style="font-weight: 700;">. Subscribe to our Top 10 Podcasts for Investors</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit; font-weight: 700;">Listen in to our podcasts</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">The<span style="box-sizing: inherit;"> </span><a href="https://www.raskmedia.com.au/podcasts/australian-property-podcast/" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">Australian Property Podcast</a> is rapidly becoming one of Australia's biggest business podcasts, now with over 30,000 unique listeners per month.</p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">And our popular Low Rates High Returns Show also remains available on <a href="https://open.spotify.com/show/67P4wnQRx2163twnNNLdwK" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">Spotify</a>.</p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span> </span>4. <span style="font-weight: 700;">Subscribe for my free daily blog</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Subscribe for my free daily blog with well over 3.5 million hits <a href="http://petewargent.blogspot.com/" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">You can also catch up with me daily on Twitter <a href="https://twitter.com/PeteWargent" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>, where I'm active daily and have over 13,900 followers. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">By the way, I'm a 7-times published author on finance and investing, so you can check out some of my books <a href="https://petewargent.com/books/" target="_blank">here</a> (next one is due out July 1!). </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">5. <span style="font-weight: 700;">Work with me privately</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">For a limited time you can book in a free diagnosis call with me <a href="https://www.gonextlevelwealth.com.au/apply" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>, so book in a call today.</p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjS38bQQUfloPsuEMKhhvq-pAR9DDos95Q_WRrcztRaiQKHDsPlakdioLE2ReSC-WTVuN9r0nr1UVVfEvwdWA1UG9S4JDXZWij5hXS2TyGOMIR3D8DzLPgm-4h8oh4D0Y0ta8KkNisMHeJFMOzcWy2PWTwJKoZpllvQ2sX-FIdp9JiRBr6_ZZEC7utEzuE/s755/train2.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="546" data-original-width="755" height="462" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjS38bQQUfloPsuEMKhhvq-pAR9DDos95Q_WRrcztRaiQKHDsPlakdioLE2ReSC-WTVuN9r0nr1UVVfEvwdWA1UG9S4JDXZWij5hXS2TyGOMIR3D8DzLPgm-4h8oh4D0Y0ta8KkNisMHeJFMOzcWy2PWTwJKoZpllvQ2sX-FIdp9JiRBr6_ZZEC7utEzuE/w640-h462/train2.jpg" width="640" /></a></div></div></div>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-1489746653740109359.post-1282723583602835232024-03-24T10:29:00.001+11:002024-03-24T10:29:05.599+11:00Podcast: Australia's population bomb assumes centre stage<p><b><u>2-Sense podcast</u></b></p><p>I joined Batesy to discuss Australia's population bomb and and all the other latest news. </p><p><a href="https://www.raskmedia.com.au/2024/03/24/australias-population-bomb-assumes-centre-stage/" target="_blank">Tune in here</a> (or click on the image below):</p><div class="separator" style="clear: both; text-align: center;"><a href="https://www.raskmedia.com.au/2024/03/24/australias-population-bomb-assumes-centre-stage/" imageanchor="1" style="margin-left: 1em; margin-right: 1em;" target="_blank"><img border="0" data-original-height="803" data-original-width="718" height="640" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgj2ctaDoHOMDkgu4WjP9qRB2PGbgm-uoD6Qh7tx4e4yxHX0l4OvkiHcutv0pT9RGAqjzjamPlfqLjBmdE2bH-PYfgZu1IjkV1RHVZT4FhRMkmPZT9aW4ipXTCkW4n6OAmhea6Lng_ZhC7SEQ9XOufpZuX2bRBbTu_nXZ0Q-oqcAAcoyC68VHGVltpS5xM/w572-h640/Rask%20Media.jpg" width="572" /></a></div><p>You can also watch the <a href="https://www.youtube.com/watch?v=3oLETFFNR6M" target="_blank">video version here</a>:</p><div class="separator" style="clear: both; text-align: center;"><iframe allowfullscreen="" class="BLOG_video_class" height="266" src="https://www.youtube.com/embed/3oLETFFNR6M" width="320" youtube-src-id="3oLETFFNR6M"></iframe></div><p>---</p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">P.S. Whenever you’re ready…here are 5 ways I can help you manage your own money and go next level wealth:</p><ol style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px;"><li style="box-sizing: inherit; margin: 0px 0px 0.2em; padding: 0px; text-align: justify;"><span style="box-sizing: inherit; font-weight: 700;">Boom or Bust – 20 minute online workshop for investors</span></li></ol><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Register for my next<span style="box-sizing: inherit; font-weight: 700;"> free online training</span> - Boom or Bust? How to change your investment plan - <a href="https://www.gonextlevelwealth.com.au/lrhr-free-online-training" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">book in here</a></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit;">You also download a free copy of my e-book <span style="box-sizing: inherit; font-weight: 700;">The Only 6 Ways to Become Wealthy</span> <a href="https://www.gonextlevelwealth.com.au/book" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>.</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit;"><span> </span>2. </span><span style="font-weight: 700;">Download our property buying guide</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px;"><span style="box-sizing: inherit;"></span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Download our free property buying guide <a href="https://www.allenwargent.com.au/" target="_blank">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">You can also check out a few of our recent property investment purchases <a href="https://www.allenwargent.com.au/results/" target="_blank">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><a href="https://www.allenwargent.com.au/contact-us/" target="_blank">Get in contact with us today</a> if strategic property investment is your thing. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="font-weight: 700;"> </span>3<span style="font-weight: 700;">. Subscribe to our Top 10 Podcasts for Investors</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit; font-weight: 700;">Listen in to our podcasts</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">The<span style="box-sizing: inherit;"> </span><a href="https://www.raskmedia.com.au/podcasts/australian-property-podcast/" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">Australian Property Podcast</a> is rapidly becoming one of Australia's biggest business podcasts, now with over 32,000 unique listeners per month.</p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">And our popular Low Rates High Returns Show also remains available on <a href="https://open.spotify.com/show/67P4wnQRx2163twnNNLdwK" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">Spotify</a>.</p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span> </span>4. <span style="font-weight: 700;">Subscribe for my free daily blog</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Subscribe for my free daily blog with well over 3.5 million hits <a href="http://petewargent.blogspot.com/" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">You can also catch up with me daily on Twitter <a href="https://twitter.com/PeteWargent" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>, where I'm active daily and have over 13,900 followers. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">By the way, I'm a 7-times published author on finance and investing, so you can check out some of my books <a href="https://petewargent.com/books/" target="_blank">here</a> (next one is due out 1 July 2024!). </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">5. <span style="font-weight: 700;">Work with me privately</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">For a limited time you can book in a free diagnosis call with me <a href="https://www.gonextlevelwealth.com.au/apply" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>, so book in a call today.</p>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-1489746653740109359.post-29025127274255358762024-03-23T10:44:00.003+11:002024-03-23T10:49:07.488+11:00Wealth Retreat 2024, Gold Coast<b><u>Wealth Retreat</u></b><div><br />I've been attending this event for a decade now, and I never miss it if at all possible! </div><div><a href="https://wealthretreat.com.au/" target="_blank"><br /></a></div><div><a href="https://wealthretreat.com.au/" target="_blank">Check it out here and book in a call</a> (or click on the image below):</div><div><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="https://wealthretreat.com.au/" style="margin-left: 1em; margin-right: 1em;" target="_blank"><img border="0" data-original-height="732" data-original-width="1344" height="348" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg1pJBCCCajYgfQu5TsrI3dnkCw1-9w1DOLJDSdoi3Ft_3zmEqm4rM-e3fVgueeDZuqDUjNFIR4DVW6SZxAFyz4-Zpw-KIGs2wBeSCTA8180ozkkWoJk5eg_46fYio3pqJT_Hk4RgowQ4yW6DY1nWll5Mw0e3n5DWjdg6gLVsIN3qNPjq0q13NLZ0mdFsU/w640-h348/WR.jpg" width="640" /></a></div><br /><div><div>---</div><div><br /></div><div><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">P.S. Whenever you’re ready…here are 5 ways I can help you manage your own money and go next level wealth:</p><ol style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px;"><li style="box-sizing: inherit; margin: 0px 0px 0.2em; padding: 0px; text-align: justify;"><span style="box-sizing: inherit; font-weight: 700;">Boom or Bust – 20 minute online workshop for investors</span></li></ol><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Register for my next<span style="box-sizing: inherit; font-weight: 700;"> free online training</span> - Boom or Bust? How to change your investment plan - <a href="https://www.gonextlevelwealth.com.au/lrhr-free-online-training" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">book in here</a></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit;">You also download a free copy of my e-book <span style="box-sizing: inherit; font-weight: 700;">The Only 6 Ways to Become Wealthy</span> <a href="https://www.gonextlevelwealth.com.au/book" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>.</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit;"><span> </span>2. </span><span style="font-weight: 700;">Download our property buying guide</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px;"><span style="box-sizing: inherit;"></span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Download our free property buying guide <a href="https://www.allenwargent.com.au/" target="_blank">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">You can also check out a few of our recent property investment purchases <a href="https://www.allenwargent.com.au/results/" target="_blank">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><a href="https://www.allenwargent.com.au/contact-us/" target="_blank">Get in contact with us today</a> if strategic property investment is your thing. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="font-weight: 700;"> </span>3<span style="font-weight: 700;">. Subscribe to our Top 10 Podcasts for Investors</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit; font-weight: 700;">Listen in to our podcasts</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">The<span style="box-sizing: inherit;"> </span><a href="https://www.raskmedia.com.au/podcasts/australian-property-podcast/" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">Australian Property Podcast</a> is rapidly becoming one of Australia's biggest business podcasts, now with over 30,000 unique listeners per month.</p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">And our popular Low Rates High Returns Show also remains available on <a href="https://open.spotify.com/show/67P4wnQRx2163twnNNLdwK" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">Spotify</a>.</p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span> </span>4. <span style="font-weight: 700;">Subscribe for my free daily blog</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Subscribe for my free daily blog with well over 3.5 million hits <a href="http://petewargent.blogspot.com/" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">You can also catch up with me daily on Twitter <a href="https://twitter.com/PeteWargent" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>, where I'm active daily and have over 13,900 followers. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">By the way, I'm a 7-times published author on finance and investing, so you can check out some of my books <a href="https://petewargent.com/books/" target="_blank">here</a> (next one is due out July 1!). </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">5. <span style="font-weight: 700;">Work with me privately</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">For a limited time you can book in a free diagnosis call with me <a href="https://www.gonextlevelwealth.com.au/apply" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>, so book in a call today.</p></div></div>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-1489746653740109359.post-70235687287115928122024-03-22T14:29:00.001+11:002024-03-22T14:29:51.379+11:00Housing crisis: Most new migrants are renters, not buyers<div style="text-align: justify;"><b><u>ausbiz TV</u></b></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">I joined Juliette Saly at ausbiz TV to discuss the <a href="https://ausbiz.com.au/media/housing-crisis-most-new-migrants-are-renters-not-buyers?videoId=35038&sectionId=1885" target="_blank">latest trends for housing market supply here</a> (or click on the image below):</div><div><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="https://ausbiz.com.au/media/housing-crisis-most-new-migrants-are-renters-not-buyers?videoId=35038&sectionId=1885" style="margin-left: 1em; margin-right: 1em;" target="_blank"><img border="0" data-original-height="581" data-original-width="809" height="460" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjtjqpnMs41XuQWrLn-wWJMh-xjwRa8Aa3vwsEWQsvq18Yt3GbuhZPRdHUZiYHtKaNyAodTYBdc1BaVZR_b_Tp82Yo7OQ1SjFY1eiS-HsEv9usmzGoNVVYr3GHqnh8iSXk4bdLtcGXwZ7gf-zkwEQT2d-qHreiwLZQy8jdSORnv-UWar3faI6ho8AHyZGA/w640-h460/ausbiz.jpg" width="640" /></a></div><br /><div>---</div><div><br /></div><div><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">P.S. Whenever you’re ready…here are 5 ways I can help you manage your own money and go next level wealth:</p><ol style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px;"><li style="box-sizing: inherit; margin: 0px 0px 0.2em; padding: 0px; text-align: justify;"><span style="box-sizing: inherit; font-weight: 700;">Boom or Bust – 20 minute online workshop for investors</span></li></ol><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Register for my next<span style="box-sizing: inherit; font-weight: 700;"> free online training</span> - Boom or Bust? How to change your investment plan - <a href="https://www.gonextlevelwealth.com.au/lrhr-free-online-training" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">book in here</a></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit;">You also download a free copy of my e-book <span style="box-sizing: inherit; font-weight: 700;">The Only 6 Ways to Become Wealthy</span> <a href="https://www.gonextlevelwealth.com.au/book" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>.</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit;"><span> </span>2. </span><span style="font-weight: 700;">Download our property buying guide</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px;"><span style="box-sizing: inherit;"></span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Download our free property buying guide <a href="https://www.allenwargent.com.au/" target="_blank">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">You can also check out a few of our recent property investment purchases <a href="https://www.allenwargent.com.au/results/" target="_blank">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><a href="https://www.allenwargent.com.au/contact-us/" target="_blank">Get in contact with us today</a> if strategic property investment is your thing. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="font-weight: 700;"> </span>3<span style="font-weight: 700;">. Subscribe to our Top 10 Podcasts for Investors</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit; font-weight: 700;">Listen in to our podcasts</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">The<span style="box-sizing: inherit;"> </span><a href="https://www.raskmedia.com.au/podcasts/australian-property-podcast/" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">Australian Property Podcast</a> is rapidly becoming one of Australia's biggest business podcasts, now with over 32,000 unique listeners per month.</p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">And our popular Low Rates High Returns Show also remains available on <a href="https://open.spotify.com/show/67P4wnQRx2163twnNNLdwK" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">Spotify</a>.</p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span> </span>4. <span style="font-weight: 700;">Subscribe for my free daily blog</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Subscribe for my free daily blog with well over 3.5 million hits <a href="http://petewargent.blogspot.com/" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">You can also catch up with me daily on Twitter <a href="https://twitter.com/PeteWargent" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>, where I'm active daily and have over 13,900 followers. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">By the way, I'm a 7-times published author on finance and investing, so you can check out some of my books <a href="https://petewargent.com/books/" target="_blank">here</a> (next one is due out 1 July 2024!). </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">5. <span style="font-weight: 700;">Work with me privately</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">For a limited time you can book in a free diagnosis call with me <a href="https://www.gonextlevelwealth.com.au/apply" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>, so book in a call today.</p></div>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-1489746653740109359.post-52447618603687735212024-03-21T17:16:00.009+11:002024-03-22T14:29:32.901+11:00More than 14¼ million Aussies employed for the first time<b><u>You're hired!</u></b><br /><div class="separator" style="clear: both; font-weight: bold; text-align: center; text-decoration-line: underline;"><br /></div><div class="separator" style="clear: both; text-align: justify;">The ABS had pointed out that there was an unusually high number of Aussies waiting to start work in January, in part accounting for the previous weakness in employment numbers.</div><div class="separator" style="clear: both; text-align: justify;"><br /></div><div class="separator" style="clear: both; text-align: justify;">It turned out they were spot on, with a huge rebound sending employment +116,500 higher in February 2024, to above 14¼ million for the first time. </div><div class="separator" style="clear: both; font-weight: bold; text-align: center; text-decoration-line: underline;"><br /></div><div class="separator" style="clear: both; font-weight: bold; text-align: center; text-decoration-line: underline;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh7BfEnfPCAi_l7QAhmwsadYCfYhDFQcfpUZtTxGP4M3D0BWCJUmm9geNuT3s07cGnNiGwgOLnZwfXuw93NQ1Egrw4CtE4Rsm4ahs_FHiDBR6g5-PEmySt6U-yWgImZR2aHknVsz6VYgeLqvjpMcMJXq1bSfLLTMfYX3zsKGtcQVUk-dwKVFKlq-ouSbVg/s1391/LFS2.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="787" data-original-width="1391" height="362" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh7BfEnfPCAi_l7QAhmwsadYCfYhDFQcfpUZtTxGP4M3D0BWCJUmm9geNuT3s07cGnNiGwgOLnZwfXuw93NQ1Egrw4CtE4Rsm4ahs_FHiDBR6g5-PEmySt6U-yWgImZR2aHknVsz6VYgeLqvjpMcMJXq1bSfLLTMfYX3zsKGtcQVUk-dwKVFKlq-ouSbVg/w640-h362/LFS2.jpg" width="640" /></a></div><div><br /></div><div style="text-align: justify;">Over the past year there's been a good deal of part-time hiring in generally softening labour market conditions, and total hours worked are well down from their highs. </div><br /><div class="separator" style="clear: both; font-weight: bold; text-align: center; text-decoration-line: underline;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh2cth8QwHUD1QgRGLtx1GEUMEIdbfr4pLWPz-_wiZJrY9aJbm1BnTytKSEyK3D6uatd6riSM0BnoXnr3EcbYRwoTNwJ-sgR0skxKCEIUveWxkABTkKUHIjQRZ9PLJfS8BGxWxtG6qDuJwwB4l9C442dXnz8F27OE1WFIYUrEkr454vcvJqsORa8RymdZI/s1485/LFS1.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="680" data-original-width="1485" height="294" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh2cth8QwHUD1QgRGLtx1GEUMEIdbfr4pLWPz-_wiZJrY9aJbm1BnTytKSEyK3D6uatd6riSM0BnoXnr3EcbYRwoTNwJ-sgR0skxKCEIUveWxkABTkKUHIjQRZ9PLJfS8BGxWxtG6qDuJwwB4l9C442dXnz8F27OE1WFIYUrEkr454vcvJqsORa8RymdZI/w640-h294/LFS1.jpg" width="640" /></a></div><div style="text-align: center;"><u><i><br /></i></u></div><div style="text-align: center;"><u><i>Source: ABS</i></u></div><div><br /></div><div style="text-align: justify;">Looking through the challenges with seasonality and associated noise, the 3-month average change in employment was +23,000, which is a fair bit lower than the +35,000 or so which will be needed to hold down unemployment from here.</div><div><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhYiMc4hivK6KD5FaCLdy-U_Ey7yL77O8WXPkqmuu_h3ZJRxoRMulL_jSNbtSq_YBA4uzryFkejSXlXePXkgjt313H97OzHgwtl_uRUR6AxX-DIQ4V5keysH_p5EKuxfNO31UdiI1m4dHE4KDczVdFNphBEQ-VvxvLQKuCy8yR8mRfaXM35WiHJkKr-hQk/s1311/LFS3.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="777" data-original-width="1311" height="380" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhYiMc4hivK6KD5FaCLdy-U_Ey7yL77O8WXPkqmuu_h3ZJRxoRMulL_jSNbtSq_YBA4uzryFkejSXlXePXkgjt313H97OzHgwtl_uRUR6AxX-DIQ4V5keysH_p5EKuxfNO31UdiI1m4dHE4KDczVdFNphBEQ-VvxvLQKuCy8yR8mRfaXM35WiHJkKr-hQk/w640-h380/LFS3.jpg" width="640" /></a></div><div><br /></div><div style="text-align: justify;">That said, the sharp rebound in employment, when combined with changes to the participation rate, saw the seasonally adjusted unemployment rate plummet from 4.1 per cent to 3.7 per cent in January. </div><br /><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhhSI3uo5ZeLgFEmHLKQTaKql7ALaRkp4WQX68M_YhL5yvgkTThdrEdbLQ8xJUDm-zBKvpxdTC0k-aFRoxO510Mf6btldAWYiyPcUNXS8h4YIlGBAk-gPvtnfBty0msSIVL_NeB_-nWcn8RVupQpSYda1heWw9aThWp1nMdw1aT-le0AOs3a7mOP1ZzURk/s1337/LFS4.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="793" data-original-width="1337" height="380" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhhSI3uo5ZeLgFEmHLKQTaKql7ALaRkp4WQX68M_YhL5yvgkTThdrEdbLQ8xJUDm-zBKvpxdTC0k-aFRoxO510Mf6btldAWYiyPcUNXS8h4YIlGBAk-gPvtnfBty0msSIVL_NeB_-nWcn8RVupQpSYda1heWw9aThWp1nMdw1aT-le0AOs3a7mOP1ZzURk/w640-h380/LFS4.jpg" width="640" /></a></div><br /><div style="text-align: justify;">Clearly there have been a few issues here around seasonal trends resulting in enormous volatility, but the trend unemployment rate has been flat for the past 6 months at 3.8 per cent.</div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">Looking ahead, leading indicators such as job advertisements suggest that the unemployment will rate rise, but these were considerably better than expected numbers which should provide a solid foundation for the hoped-for soft landing scenario.</div><div style="text-align: justify;"><br />Financial markets largely looked through the volatility and didn't get overall excited, with the Aussie dollar temporarily jumping back up to 66.3 US cents before returning all the way backdown to 65.7 cents, and the 3-year bond yield still trading at around 3.7 per cent. </div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">James Foster ran through the post-pandemic changes in hiring patters and looked at the full <a href="https://jamesfostermacro.blogspot.com/2024/03/australian-employment-1165k-in-february.html" target="_blank">labour force survey figures in detail here</a>.</div><div><br /></div><div>---</div><div><br /></div><div><div><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">P.S. Whenever you’re ready…here are 5 ways I can help you manage your own money and go next level wealth:</p><ol style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px;"><li style="box-sizing: inherit; margin: 0px 0px 0.2em; padding: 0px; text-align: justify;"><span style="box-sizing: inherit; font-weight: 700;">Boom or Bust – 20 minute online workshop for investors</span></li></ol><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Register for my next<span style="box-sizing: inherit; font-weight: 700;"> free online training</span> - Boom or Bust? How to change your investment plan - <a href="https://www.gonextlevelwealth.com.au/lrhr-free-online-training" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">book in here</a></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit;">You also download a free copy of my e-book <span style="box-sizing: inherit; font-weight: 700;">The Only 6 Ways to Become Wealthy</span> <a href="https://www.gonextlevelwealth.com.au/book" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>.</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit;"><span> </span>2. </span><span style="font-weight: 700;">Download our property buying guide</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px;"><span style="box-sizing: inherit;"></span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Download our free property buying guide <a href="https://www.allenwargent.com.au/" target="_blank">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">You can also check out a few of our recent property investment purchases <a href="https://www.allenwargent.com.au/results/" target="_blank">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><a href="https://www.allenwargent.com.au/contact-us/" target="_blank">Get in contact with us today</a> if strategic property investment is your thing. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="font-weight: 700;"> </span>3<span style="font-weight: 700;">. Subscribe to our Top 10 Podcasts for Investors</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit; font-weight: 700;">Listen in to our podcasts</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">The<span style="box-sizing: inherit;"> </span><a href="https://www.raskmedia.com.au/podcasts/australian-property-podcast/" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">Australian Property Podcast</a> is rapidly becoming one of Australia's biggest business podcasts, now with over 30,000 unique listeners per month.</p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">And our popular Low Rates High Returns Show also remains available on <a href="https://open.spotify.com/show/67P4wnQRx2163twnNNLdwK" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">Spotify</a>.</p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span> </span>4. <span style="font-weight: 700;">Subscribe for my free daily blog</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Subscribe for my free daily blog with well over 3.5 million hits <a href="http://petewargent.blogspot.com/" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">You can also catch up with me daily on Twitter <a href="https://twitter.com/PeteWargent" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>, where I'm active daily and have over 13,900 followers. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">By the way, I'm a 7-times published author on finance and investing, so you can check out some of my books <a href="https://petewargent.com/books/" target="_blank">here</a> (next one is due out July 1!). </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">5. <span style="font-weight: 700;">Work with me privately</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">For a limited time you can book in a free diagnosis call with me <a href="https://www.gonextlevelwealth.com.au/apply" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>, so book in a call today.</p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgMhUZLKA9Bg12xC2y9EGsY8_qRAYqo8-UERYdTeN_NnxAzXw_wOzpuZnNp082eRVq8btQ3JNP-zrAa81QS-ZNNGs3h-YTilLJnS1CIuTMfeUA4UaShwiXRrSqsIKSBBZF8DIaekMIoJwlqCnC17m6rpSJUYmcPb7l0Mr6s0TaW4uD4iGjUHcfmarySNJQ/s965/ABS1.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="552" data-original-width="965" height="366" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgMhUZLKA9Bg12xC2y9EGsY8_qRAYqo8-UERYdTeN_NnxAzXw_wOzpuZnNp082eRVq8btQ3JNP-zrAa81QS-ZNNGs3h-YTilLJnS1CIuTMfeUA4UaShwiXRrSqsIKSBBZF8DIaekMIoJwlqCnC17m6rpSJUYmcPb7l0Mr6s0TaW4uD4iGjUHcfmarySNJQ/w640-h366/ABS1.jpg" width="640" /></a></div></div></div>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-1489746653740109359.post-56037056461465186812024-03-21T16:19:00.005+11:002024-03-22T09:41:09.748+11:00Population growth smokes all previous records<div style="text-align: justify;"><b><u>Population growth soars further</u></b></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">Australia's population growth was +659,800 or +2.5 per cent over the year to September, for another record high, mainly driven by inbound overseas migration. </div><div><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgBUr2gcfufrcMksF9r-jKbwwdTyYZD3LbQfbWJqwWtviU69mRaLOqMqcjwFxrYE8sA59ixhrJiaax9cFAEmPBPKz1dy5_KBiCuPO1Y_-jhHgtnmO3C461FwJ_uL8OtTHyjohjxez8ZmAQDItvFOyaJhnY11u7BbSbiUif8wqZyZdnNPsjHF5SDLiZwnB4/s1091/ABS3.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="666" data-original-width="1091" height="390" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgBUr2gcfufrcMksF9r-jKbwwdTyYZD3LbQfbWJqwWtviU69mRaLOqMqcjwFxrYE8sA59ixhrJiaax9cFAEmPBPKz1dy5_KBiCuPO1Y_-jhHgtnmO3C461FwJ_uL8OtTHyjohjxez8ZmAQDItvFOyaJhnY11u7BbSbiUif8wqZyZdnNPsjHF5SDLiZwnB4/w640-h390/ABS3.jpg" width="640" /></a></div><div><br /></div><div style="text-align: center;"><u><i>Source: ABS</i></u></div><div><br /></div><div style="text-align: justify;">As such, the estimated population here today is higher than previously thought, at around 27,145,000, and the pandemic 'shortfall' has now been completely erased (and then some). </div><div><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEivq-SswRuzV9CLTfUUHWUBymv16hpxKcCTXBPDZKYMFKcjk2l6EoaQZlwNBQzPH_IbAmBycnSeLPPk19Fc5PxvRKJDFfp-biBLIjm_3lD-S9X9BbDy92TE_hzWfZ3Lj4vAvhR9yKa8oo0RMJGIZeCSNQZleGeQZe6uZ7PO5lUoaVAo7RBIhk2MUwVkGbk/s1484/ABS1.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="830" data-original-width="1484" height="358" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEivq-SswRuzV9CLTfUUHWUBymv16hpxKcCTXBPDZKYMFKcjk2l6EoaQZlwNBQzPH_IbAmBycnSeLPPk19Fc5PxvRKJDFfp-biBLIjm_3lD-S9X9BbDy92TE_hzWfZ3Lj4vAvhR9yKa8oo0RMJGIZeCSNQZleGeQZe6uZ7PO5lUoaVAo7RBIhk2MUwVkGbk/w640-h358/ABS1.jpg" width="640" /></a></div><div><br /></div><div style="text-align: justify;">Victoria lost an estimated 39 people only interstate in the September quarter, while net interstate migration from New South Wales fell to the lowest level in years. </div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">South Australia, the ACT, Tasmania, and the Northern Territory are now all losing people interstate, mainly to the benefit of Queensland (+32,600 net gain over the year) and Western Australia (+11,200 net).</div><br /><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj33rzQ40UhzBE10hcsNTXU4Qa0ZzId7ztRkSZeLGSnsj6ny8lXzI4vlwyWdzlMe2laa00pbVEoCGXOVN40batmYzfvd0aR_ud-FBI4HSacO6PQtGUUDWMn1dFFx1WWS_1m7gPKruPGJrPe0XcDv6ZPatksGYrryQeUI1ENxv76hiEui70r6XHAykgebA4/s1332/ABS2.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="785" data-original-width="1332" height="378" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj33rzQ40UhzBE10hcsNTXU4Qa0ZzId7ztRkSZeLGSnsj6ny8lXzI4vlwyWdzlMe2laa00pbVEoCGXOVN40batmYzfvd0aR_ud-FBI4HSacO6PQtGUUDWMn1dFFx1WWS_1m7gPKruPGJrPe0XcDv6ZPatksGYrryQeUI1ENxv76hiEui70r6XHAykgebA4/w640-h378/ABS2.jpg" width="640" /></a></div><br /><div style="text-align: justify;">Totting it all up annual population growth was stupendously high in Victoria (+192,700), New South Wales (+186,100), Queensland (+143,600), and Western Australia (+93,600), while South Australia (+1.7 per cent) and the ACT (+2.1 per cent) also recorded a large percentages increase in estimated resident population.</div><br /><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgehgiQJxdvmxXM8ur6f5eTX9Azr82LqAml_n-UFX4Qef4NUkR8DeA0WLIvAeLkdcuaBipJyV0-OjP1nXZMkHipHk6a4r-Dz2y4vd30kg6Vp9snGbW2Iid7RtaaQ59bKXO1CZ4cGAFPCO_EpwalLETAk5TAuXJo_oMkjFyUthn_1JQrY-KmIlNRFLIPuWQ/s1089/ABS4.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="504" data-original-width="1089" height="296" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgehgiQJxdvmxXM8ur6f5eTX9Azr82LqAml_n-UFX4Qef4NUkR8DeA0WLIvAeLkdcuaBipJyV0-OjP1nXZMkHipHk6a4r-Dz2y4vd30kg6Vp9snGbW2Iid7RtaaQ59bKXO1CZ4cGAFPCO_EpwalLETAk5TAuXJo_oMkjFyUthn_1JQrY-KmIlNRFLIPuWQ/w640-h296/ABS4.jpg" width="640" /></a></div><br /><div style="text-align: center;"><u><i>Source: ABS</i></u></div><div><br /></div><div>Huge numbers all around as the rental shortage worsens.</div><div><p>---</p><div><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">P.S. Whenever you’re ready…here are 5 ways I can help you manage your own money and go next level wealth:</p><ol style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px;"><li style="box-sizing: inherit; margin: 0px 0px 0.2em; padding: 0px; text-align: justify;"><span style="box-sizing: inherit; font-weight: 700;">Boom or Bust – 20 minute online workshop for investors</span></li></ol><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Register for my next<span style="box-sizing: inherit; font-weight: 700;"> free online training</span> - Boom or Bust? How to change your investment plan - <a href="https://www.gonextlevelwealth.com.au/lrhr-free-online-training" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">book in here</a></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit;">You also download a free copy of my e-book <span style="box-sizing: inherit; font-weight: 700;">The Only 6 Ways to Become Wealthy</span> <a href="https://www.gonextlevelwealth.com.au/book" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>.</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit;"><span> </span>2. </span><span style="font-weight: 700;">Download our property buying guide</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px;"><span style="box-sizing: inherit;"></span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Download our free property buying guide <a href="https://www.allenwargent.com.au/" target="_blank">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">You can also check out a few of our recent property investment purchases <a href="https://www.allenwargent.com.au/results/" target="_blank">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><a href="https://www.allenwargent.com.au/contact-us/" target="_blank">Get in contact with us today</a> if strategic property investment is your thing. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="font-weight: 700;"> </span>3<span style="font-weight: 700;">. Subscribe to our Top 10 Podcasts for Investors</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit; font-weight: 700;">Listen in to our podcasts</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">The<span style="box-sizing: inherit;"> </span><a href="https://www.raskmedia.com.au/podcasts/australian-property-podcast/" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">Australian Property Podcast</a> is rapidly becoming one of Australia's biggest business podcasts, now with over 30,000 unique listeners per month.</p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">And our popular Low Rates High Returns Show also remains available on <a href="https://open.spotify.com/show/67P4wnQRx2163twnNNLdwK" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">Spotify</a>.</p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span> </span>4. <span style="font-weight: 700;">Subscribe for my free daily blog</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Subscribe for my free daily blog with well over 3.5 million hits <a href="http://petewargent.blogspot.com/" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">You can also catch up with me daily on Twitter <a href="https://twitter.com/PeteWargent" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>, where I'm active daily and have over 13,900 followers. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">By the way, I'm a 7-times published author on finance and investing, so you can check out some of my books <a href="https://petewargent.com/books/" target="_blank">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">5. <span style="font-weight: 700;">Work with me privately</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">For a limited time you can book in a free diagnosis call with me <a href="https://www.gonextlevelwealth.com.au/apply" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>, so book in a call today.</p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjfE1eNH66-M8yvyhkZXhaW8JRUuks9ApgSJ7CdRm9Rm_Nteza_Arn2Dn3L6IIEc_tVKy50nZTayop4v3IF9hGaaoAc2wwNS7z3WTFDCYv7T45u9-8u2jyytLa9tzsA9GJUQEMSvQRxSIOwIRtIBgOHA5VeNt3HHTNXBxNUfPYc4KiH9mZ-dcJP3CjR9-Q/s821/Planes.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="542" data-original-width="821" height="422" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjfE1eNH66-M8yvyhkZXhaW8JRUuks9ApgSJ7CdRm9Rm_Nteza_Arn2Dn3L6IIEc_tVKy50nZTayop4v3IF9hGaaoAc2wwNS7z3WTFDCYv7T45u9-8u2jyytLa9tzsA9GJUQEMSvQRxSIOwIRtIBgOHA5VeNt3HHTNXBxNUfPYc4KiH9mZ-dcJP3CjR9-Q/w640-h422/Planes.jpg" width="640" /></a></div></div></div>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-1489746653740109359.post-87222311158187933602024-03-21T15:44:00.002+11:002024-03-21T15:44:32.352+11:00The Big Picture Podcast<p style="text-align: justify;"><b><u>Big Picture Podcast</u></b></p><p style="text-align: justify;">I joined Michael Yardney on The Big Picture podcast to discuss all the <a href="https://propertyupdate.com.au/category/michael-yardney-podcast/" target="_blank">latest important news here</a> (or click on the image below):</p><div class="separator" style="clear: both; text-align: center;"><a href="https://propertyupdate.com.au/category/michael-yardney-podcast/" imageanchor="1" style="margin-left: 1em; margin-right: 1em;" target="_blank"><img border="0" data-original-height="663" data-original-width="1072" height="396" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEimKGQtdakSSzZFkVYC1CTtHpffiNsBUBMa_sYT8P3XYeC7m8V35mdOF5qYXJpInmQoVsgi9TJ6Sy66oDE9g3uyzuwO8fLVPewvyWij_zyELPwwKsZjFFiRCnX5Gwj2UvllEH7FFpL8SZlpe5fCDE28UvFzBgjOePLR_tDmRcbO630tNGQ1osHRDs533Os/w640-h396/Podcast.jpg" width="640" /></a></div><br /><p>---</p><div><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">P.S. Whenever you’re ready…here are 5 ways I can help you manage your own money and go next level wealth:</p><ol style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px;"><li style="box-sizing: inherit; margin: 0px 0px 0.2em; padding: 0px; text-align: justify;"><span style="box-sizing: inherit; font-weight: 700;">Boom or Bust – 20 minute online workshop for investors</span></li></ol><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Register for my next<span style="box-sizing: inherit; font-weight: 700;"> free online training</span> - Boom or Bust? How to change your investment plan - <a href="https://www.gonextlevelwealth.com.au/lrhr-free-online-training" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">book in here</a></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit;">You also download a free copy of my e-book <span style="box-sizing: inherit; font-weight: 700;">The Only 6 Ways to Become Wealthy</span> <a href="https://www.gonextlevelwealth.com.au/book" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>.</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit;"><span> </span>2. </span><span style="font-weight: 700;">Download our property buying guide</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px;"><span style="box-sizing: inherit;"></span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Download our free property buying guide <a href="https://www.allenwargent.com.au/" target="_blank">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">You can also check out a few of our recent property investment purchases <a href="https://www.allenwargent.com.au/results/" target="_blank">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><a href="https://www.allenwargent.com.au/contact-us/" target="_blank">Get in contact with us today</a> if strategic property investment is your thing. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="font-weight: 700;"> </span>3<span style="font-weight: 700;">. Subscribe to our Top 10 Podcasts for Investors</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit; font-weight: 700;">Listen in to our podcasts</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">The<span style="box-sizing: inherit;"> </span><a href="https://www.raskmedia.com.au/podcasts/australian-property-podcast/" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">Australian Property Podcast</a> is rapidly becoming one of Australia's biggest business podcasts, now with over 30,000 unique listeners per month.</p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">And our popular Low Rates High Returns Show also remains available on <a href="https://open.spotify.com/show/67P4wnQRx2163twnNNLdwK" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">Spotify</a>.</p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span> </span>4. <span style="font-weight: 700;">Subscribe for my free daily blog</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Subscribe for my free daily blog with well over 3.5 million hits <a href="http://petewargent.blogspot.com/" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">You can also catch up with me daily on Twitter <a href="https://twitter.com/PeteWargent" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>, where I'm active daily and have over 13,900 followers. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">By the way, I'm a 7-times published author on finance and investing, so you can check out some of my books <a href="https://petewargent.com/books/" target="_blank">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">5. <span style="font-weight: 700;">Work with me privately</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">For a limited time you can book in a free diagnosis call with me <a href="https://www.gonextlevelwealth.com.au/apply" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>, so book in a call today.</p></div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhpF5PLfHccACKfZbl_eSJ5haRoBkouMfuVqSq6KRwEgbJcwB9aygvIUmYp0Ge9O8PggCtSDpsX1AsEQILuLw53RmxQXylG1uCYsxNfB2HWSBf5jLigQP_Pd32dRFELLkHCRvP7gZNpqtCaKk8W6jG48AdHefVHdQRLbJkTk_fTb21zo-nlHtdD9pEI8gU/s827/Pod2.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="543" data-original-width="827" height="420" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhpF5PLfHccACKfZbl_eSJ5haRoBkouMfuVqSq6KRwEgbJcwB9aygvIUmYp0Ge9O8PggCtSDpsX1AsEQILuLw53RmxQXylG1uCYsxNfB2HWSBf5jLigQP_Pd32dRFELLkHCRvP7gZNpqtCaKk8W6jG48AdHefVHdQRLbJkTk_fTb21zo-nlHtdD9pEI8gU/w640-h420/Pod2.jpg" width="640" /></a></div>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-1489746653740109359.post-49129500301551840462024-03-21T09:45:00.003+11:002024-03-21T09:45:56.084+11:00QLD housing market wrap<b><u>YIP property market wrap</u></b><br /><div><br /></div><div>I joined Your Investment Property magazine to discuss the latest market conditions.</div><div><br /></div><div><a href="https://www.yourinvestmentpropertymag.com.au/magazines/YIP_Magazine_March_2024.pdf?mkt_tok=OTc5LUxZSi0zNTAAAAGRl1aLc6eA-Q53wyUr098DFWFgVeXF4viPx_6xVUuZvKCdd55H-FOfd9DApmKzlWm08IVIQ4oaba0Iijxkr-b609VPVwi5U_OKFRwrgfAWfLHL" target="_blank">See below or go here</a> for the full market wrap:<br /><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="https://www.yourinvestmentpropertymag.com.au/magazines/YIP_Magazine_March_2024.pdf?mkt_tok=OTc5LUxZSi0zNTAAAAGRl1aLc6eA-Q53wyUr098DFWFgVeXF4viPx_6xVUuZvKCdd55H-FOfd9DApmKzlWm08IVIQ4oaba0Iijxkr-b609VPVwi5U_OKFRwrgfAWfLHL" imageanchor="1" style="margin-left: 1em; margin-right: 1em;" target="_blank"><img border="0" data-original-height="782" data-original-width="1257" height="398" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj2GNX_eRd4coDpF2oP9GT1unHEx5-v6EPffqhCr5KLaeAx3lGdG8HmQUlqagZ5wV6OIQHY_Wo1-VxEVJUqIxNrQoFpcBNbNqUR-GYhye-reF9bHONEpe0Rx0v9im8dCDGcQT2sKosuv1BaPo7UEZcNcubk9iSX40gSc1mOSY0NgGbZfplVSOH6RhBfnbE/w640-h398/Qld.jpg" width="640" /></a></div><div><br /></div><div>---</div><div><br /></div><div>See a preview of today's labour market survey <a href="https://jamesfostermacro.blogspot.com/2024/03/preview-labour-force-survey-february.html" target="_blank">from James Foster here</a>.</div><div><br /></div><div>We should see a solid rebound in employment after some weaker results of late.</div><div><br /></div><div><div><div>---</div><div><br /></div><div><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">P.S. Whenever you’re ready…here are 5 ways I can help you manage your own money and go next level wealth:</p><ol style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px;"><li style="box-sizing: inherit; margin: 0px 0px 0.2em; padding: 0px; text-align: justify;"><span style="box-sizing: inherit; font-weight: 700;">Boom or Bust – 20 minute online workshop for investors</span></li></ol><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Register for my next<span style="box-sizing: inherit; font-weight: 700;"> free online training</span> - Boom or Bust? How to change your investment plan - <a href="https://www.gonextlevelwealth.com.au/lrhr-free-online-training" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">book in here</a></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit;">You also download a free copy of my e-book <span style="box-sizing: inherit; font-weight: 700;">The Only 6 Ways to Become Wealthy</span> <a href="https://www.gonextlevelwealth.com.au/book" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>.</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit;"><span> </span>2. </span><span style="font-weight: 700;">Download our property buying guide</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px;"><span style="box-sizing: inherit;"></span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Download our free property buying guide <a href="https://www.allenwargent.com.au/" target="_blank">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">You can also check out a few of our recent property investment purchases <a href="https://www.allenwargent.com.au/results/" target="_blank">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><a href="https://www.allenwargent.com.au/contact-us/" target="_blank">Get in contact with us today</a> if strategic property investment is your thing. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="font-weight: 700;"> </span>3<span style="font-weight: 700;">. Subscribe to our Top 10 Podcasts for Investors</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit; font-weight: 700;">Listen in to our podcasts</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">The<span style="box-sizing: inherit;"> </span><a href="https://www.raskmedia.com.au/podcasts/australian-property-podcast/" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">Australian Property Podcast</a> is rapidly becoming one of Australia's biggest business podcasts, now with over 30,000 unique listeners per month.</p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">And our popular Low Rates High Returns Show also remains available on <a href="https://open.spotify.com/show/67P4wnQRx2163twnNNLdwK" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">Spotify</a>.</p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span> </span>4. <span style="font-weight: 700;">Subscribe for my free daily blog</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Subscribe for my free daily blog with well over 3.5 million hits <a href="http://petewargent.blogspot.com/" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">You can also catch up with me daily on Twitter <a href="https://twitter.com/PeteWargent" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>, where I'm active daily and have over 13,900 followers. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">By the way, I'm a 7-times published author on finance and investing, so you can check out some of my books <a href="https://petewargent.com/books/" target="_blank">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">5. <span style="font-weight: 700;">Work with me privately</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">For a limited time you can book in a free diagnosis call with me <a href="https://www.gonextlevelwealth.com.au/apply" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>, so book in a call today.</p></div></div></div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjdaPTIKvbyjvUxofWW8VsnDKn3pph7R6CnrLMP9XvGVigvBKpb8N34q3nKW37jsZsQT4eB3Q02ZLuqjeApsg28aRsIAGbVFKQ85YNpgTtguIcOHZI_K9WK4JesGpea1qdeQq-f6DXK2qlwZI6TWaBMX8x6c3za6xtgz9tx2m2KmBcDYIX3AENYOjNQ2c4/s826/Bris.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="542" data-original-width="826" height="420" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjdaPTIKvbyjvUxofWW8VsnDKn3pph7R6CnrLMP9XvGVigvBKpb8N34q3nKW37jsZsQT4eB3Q02ZLuqjeApsg28aRsIAGbVFKQ85YNpgTtguIcOHZI_K9WK4JesGpea1qdeQq-f6DXK2qlwZI6TWaBMX8x6c3za6xtgz9tx2m2KmBcDYIX3AENYOjNQ2c4/w640-h420/Bris.jpg" width="640" /></a></div>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-1489746653740109359.post-53310368261212130702024-03-20T15:54:00.006+11:002024-03-20T15:56:32.942+11:00Unemployment rate is set to rise further<div style="text-align: justify;"><b><u>Jobs market is cooling</u></b></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">The Aussie economy slowed significantly through 2023.</div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">In February, job advertisements fell by a further -2.3 per cent (or -5,900 job ads) to a seasonally adjusted 247,400. </div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">That's down -12.8 per cent from a year earlier. </div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">Recruitment dropped in all states and territories over the month, and the largest decline over the past year was seen in Victoria (-19.6 per cent). </div><div style="text-align: justify;"><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh8rnKtr_Fjo3KYylRZhCzmnnpsTkBKTC6E66sM6o5lAheKCaggw1VYX3vz54y__c40ePexSawqwjZhCRVu6cOxMLR1JLBaHkDjwmRTo12FOMxm1s4KDkrezeuMmMVYDY2oJLWTIx9RJ8Z1wSlysd4Y_2vP0XnYtJsUqC5qaXMlHiY4pP29iHAuQpOdmWY/s823/IVI2.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="433" data-original-width="823" height="336" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh8rnKtr_Fjo3KYylRZhCzmnnpsTkBKTC6E66sM6o5lAheKCaggw1VYX3vz54y__c40ePexSawqwjZhCRVu6cOxMLR1JLBaHkDjwmRTo12FOMxm1s4KDkrezeuMmMVYDY2oJLWTIx9RJ8Z1wSlysd4Y_2vP0XnYtJsUqC5qaXMlHiY4pP29iHAuQpOdmWY/w640-h336/IVI2.jpg" width="640" /></a></div><div><br /></div><div style="text-align: center;"><u><i>Source: IVI, Jobs & Skills Australia</i></u></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">247,400 is still a historically high number of vacancies - about 50 per cent higher than pre-pandemic levels - so there's no doubt that we should still see plenty of hiring ahead.</div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">However, the labour force is also growing very rapidly through immigration - in fact faster than we've ever seen before - so these dynamics presage further increases in the unemployment rate. </div><br /><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiI9PXZLXsks1e4C2BmOdaEAKBr7r1d-aWvV4e2WK2HOLdpoq3HbsiIixT3Ay2T3TPS605jrhop8FyFQXl8CACveB8_3s93SeIolZL0lKadIaJu-u154dsH6UY-gFKKfFnGz9evvmLI1DMYVsGgrZhxHGxA59273da05I2VZ9t2mlGSok_kRa8F-jjBhK8/s781/IVI3.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="489" data-original-width="781" height="400" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiI9PXZLXsks1e4C2BmOdaEAKBr7r1d-aWvV4e2WK2HOLdpoq3HbsiIixT3Ay2T3TPS605jrhop8FyFQXl8CACveB8_3s93SeIolZL0lKadIaJu-u154dsH6UY-gFKKfFnGz9evvmLI1DMYVsGgrZhxHGxA59273da05I2VZ9t2mlGSok_kRa8F-jjBhK8/w640-h400/IVI3.jpg" width="640" /></a></div><div class="separator" style="clear: both; text-align: justify;"><br /></div><div style="text-align: center;"><u><i>Source: IVI, Jobs and Skills Australia</i></u></div><div><br /></div><div style="text-align: justify;">Overall, the enormous spike in job advertisements after the economy reopened (while the international borders were still shut) has now receded. </div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">Advertisements are continuing<span style="font-family: inherit;"> to normalise, and with immigration powering ahead the unemployment rate will likely continue increasing to around 4<span style="background-color: white; text-align: left;">½</span> per cent.</span></div><div style="text-align: justify;"><span style="font-family: inherit;"><br /><b><u>Inflation battle rages on</u></b></span></div><div style="text-align: justify;"><br />Further long-established construction company failures this week might speed up that process a bit, and at some point the central bank will likely throw in the towel and start cutting interest rates.</div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">This from one of Canberra's longest established builders, <a href="https://citynews.com.au/2024/building-company-crashes-never-thought-wed-be-one-of-them/" target="_blank">thrown into administration yesterday</a>:</div><div style="text-align: justify;"><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhEaOcGI4BkFVVIVnYzu6j7sSDAl2Q4kTWY4l087D5rrRHwZOATNvIwRBabqDkzSDofbs_jzb0MW2WFZjQ46ty_Oot2PIvq-aSupTLci5KtjsLUX33wYeUJlPbMQJQ8Y6Ahyphenhyphen0pjVtXnjSWUJVU3CQdPx3vR9rOFH5W0VARowcA8ZwOpOBqt_MiyYl7HvE0/s756/PW.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="255" data-original-width="756" height="216" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhEaOcGI4BkFVVIVnYzu6j7sSDAl2Q4kTWY4l087D5rrRHwZOATNvIwRBabqDkzSDofbs_jzb0MW2WFZjQ46ty_Oot2PIvq-aSupTLci5KtjsLUX33wYeUJlPbMQJQ8Y6Ahyphenhyphen0pjVtXnjSWUJVU3CQdPx3vR9rOFH5W0VARowcA8ZwOpOBqt_MiyYl7HvE0/w640-h216/PW.jpg" width="640" /></a></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">Canada's inflation rate came in well below expectations in February at +0.1 per cent, and fell to just 2.8 per cent over the year (3-month annualised measures of core inflation are now essentially back to the target). </div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">In the Eurozone inflation has fallen to just 2.6 per cent over the year to February. </div><div class="separator" style="clear: both; text-align: center;"><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjIDJ-1aV6AOfwp5G_jXTEIOF6YtwWLkxKYCar1rrHd-KK0ObWtN7z57tbCzs6gt_3wkpZEObJG3xu-K-OD73fjnMDkUDIqiijWhCbxgaQnrxkuiLnGqBCe2wsn3iAFlZbwlWu7E8WI6nbLaUpAlt8FV-Oktc9eaKA1URzthCjt4LmpqHsei6ouKx28kKU/s1351/Inflation%2025.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="816" data-original-width="1351" height="386" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjIDJ-1aV6AOfwp5G_jXTEIOF6YtwWLkxKYCar1rrHd-KK0ObWtN7z57tbCzs6gt_3wkpZEObJG3xu-K-OD73fjnMDkUDIqiijWhCbxgaQnrxkuiLnGqBCe2wsn3iAFlZbwlWu7E8WI6nbLaUpAlt8FV-Oktc9eaKA1URzthCjt4LmpqHsei6ouKx28kKU/w640-h386/Inflation%2025.jpg" width="640" /></a></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">As such, the war on inflation isn't quite won, but arguably we're getting closer. </div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">It's quite remarkable how synchronised inflation measures around the developed world have been, so hopefully this means that Australia too will be back towards 3 per cent before too long. </div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">---</div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">The Reserve Bank of Australia kept up its pause in interest rates as detailed by <a href="https://jamesfostermacro.blogspot.com/2024/03/rba-extends-pause-in-march.html" target="_blank">James Foster here</a>. </div><div style="text-align: justify;"><br /></div><div><div>---</div><div><br /></div><div><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">P.S. Whenever you’re ready…here are 5 ways I can help you manage your own money and go next level wealth:</p><ol style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px;"><li style="box-sizing: inherit; margin: 0px 0px 0.2em; padding: 0px; text-align: justify;"><span style="box-sizing: inherit; font-weight: 700;">Boom or Bust – 20 minute online workshop for investors</span></li></ol><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Register for my next<span style="box-sizing: inherit; font-weight: 700;"> free online training</span> - Boom or Bust? How to change your investment plan - <a href="https://www.gonextlevelwealth.com.au/lrhr-free-online-training" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">book in here</a></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit;">You also download a free copy of my e-book <span style="box-sizing: inherit; font-weight: 700;">The Only 6 Ways to Become Wealthy</span> <a href="https://www.gonextlevelwealth.com.au/book" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>.</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit;"><span> </span>2. </span><span style="font-weight: 700;">Download our property buying guide</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px;"><span style="box-sizing: inherit;"></span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Download our free property buying guide <a href="https://www.allenwargent.com.au/" target="_blank">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">You can also check out a few of our recent property investment purchases <a href="https://www.allenwargent.com.au/results/" target="_blank">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><a href="https://www.allenwargent.com.au/contact-us/" target="_blank">Get in contact with us today</a> if strategic property investment is your thing. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="font-weight: 700;"> </span>3<span style="font-weight: 700;">. Subscribe to our Top 10 Podcasts for Investors</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit; font-weight: 700;">Listen in to our podcasts</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">The<span style="box-sizing: inherit;"> </span><a href="https://www.raskmedia.com.au/podcasts/australian-property-podcast/" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">Australian Property Podcast</a> is rapidly becoming one of Australia's biggest business podcasts, now with over 30,000 unique listeners per month.</p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">And our popular Low Rates High Returns Show also remains available on <a href="https://open.spotify.com/show/67P4wnQRx2163twnNNLdwK" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">Spotify</a>.</p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span> </span>4. <span style="font-weight: 700;">Subscribe for my free daily blog</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Subscribe for my free daily blog with well over 3.5 million hits <a href="http://petewargent.blogspot.com/" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">You can also catch up with me daily on Twitter <a href="https://twitter.com/PeteWargent" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>, where I'm active daily and have over 13,900 followers. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">By the way, I'm a 7-times published author on finance and investing, so you can check out some of my books <a href="https://petewargent.com/books/" target="_blank">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">5. <span style="font-weight: 700;">Work with me privately</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">For a limited time you can book in a free diagnosis call with me <a href="https://www.gonextlevelwealth.com.au/apply" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>, so book in a call today.</p></div></div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhrT16ddwRb55tu1Kns6o0v2Uimj6UShQCam475nOK-gugp-buRzXIQ8MKVVUqZ7bLitEqXmtiC9yfGgLQAkFjL391cz1skgkMqklA7bq_CIQ38opkLJ7XyQtZ2NQlBehAGJZ70heVU65sKhTi9Y-EOfjD4KfF3BcOaRMuI36BrBZGU7uctLkgkM_1VQbs/s805/Job.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="543" data-original-width="805" height="432" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhrT16ddwRb55tu1Kns6o0v2Uimj6UShQCam475nOK-gugp-buRzXIQ8MKVVUqZ7bLitEqXmtiC9yfGgLQAkFjL391cz1skgkMqklA7bq_CIQ38opkLJ7XyQtZ2NQlBehAGJZ70heVU65sKhTi9Y-EOfjD4KfF3BcOaRMuI36BrBZGU7uctLkgkM_1VQbs/w640-h432/Job.jpg" width="640" /></a></div>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-1489746653740109359.post-67324085568374580922024-03-19T17:10:00.002+11:002024-03-19T17:19:17.448+11:00RBA on hold, with a dovish tinge...<div style="text-align: justify;"><b><u>Rates on hold as expected</u></b></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">Interest rates were on hold, albeit with perhaps a slightly dovish tilt from the Reserve Bank today, manifested in a lower Aussie dollar post-announcement: </div><div><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEijArnRHrRmla3MT4VNHYwoQ9_0j2eCJgsrNa5YmpdEMG0axHp3aE9_H28pe6DHXF-PTQx55FijMp9zxu5v3K4O8FXHn5ejIahVaVX8-HSpZO5h6U9AWTBmUjRrM656SoSTtR0I7ZBGoU2XxJ0sJhIFYyeARuwgiWYa4YEovvFG5hNiVWLVGC2UtGfp0lw/s1040/AUD.png" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="799" data-original-width="1040" height="492" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEijArnRHrRmla3MT4VNHYwoQ9_0j2eCJgsrNa5YmpdEMG0axHp3aE9_H28pe6DHXF-PTQx55FijMp9zxu5v3K4O8FXHn5ejIahVaVX8-HSpZO5h6U9AWTBmUjRrM656SoSTtR0I7ZBGoU2XxJ0sJhIFYyeARuwgiWYa4YEovvFG5hNiVWLVGC2UtGfp0lw/w640-h492/AUD.png" width="640" /></a></div><br /><div style="text-align: justify;">Australia's 3-year bond yield also took a small leg lower from 3.75 per cent to 3.68 per cent.</div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">Currently policy settings are clearly restrictive, not least for consumption and the supply of new housing.</div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">It's also worth remembering that around <a href="https://www.theaustralian.com.au/nation/borrowing-overall-costs-to-rise-even-if-rba-holds-as-fixedrate-mortgages-expire/news-story/f6af1f591754f287eed42068a005a7f0" target="_blank">250,000 households</a> are still to come off low fixed rate mortgages onto dramatically higher variable rates, and this is causing a steady build-up of mortgage and financial stress. </div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">Not too much in it, really, but there's a general sense that the battle with inflation and a previously overheating economy is being won, and the next move in interest rates will be down. </div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">Markets a 3 in 4 chance of an interest rate cut by August, with a cut fully priced in for September. </div><div style="text-align: justify;"><br /></div><div style="text-align: justify;"><div style="text-align: left;">---</div><div style="text-align: left;"><br /></div><div style="text-align: left;"><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">P.S. Whenever you’re ready…here are 5 ways I can help you manage your own money and go next level wealth:</p><ol style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px;"><li style="box-sizing: inherit; margin: 0px 0px 0.2em; padding: 0px; text-align: justify;"><span style="box-sizing: inherit; font-weight: 700;">Boom or Bust – 20 minute online workshop for investors</span></li></ol><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Register for my next<span style="box-sizing: inherit; font-weight: 700;"> free online training</span> - Boom or Bust? How to change your investment plan - <a href="https://www.gonextlevelwealth.com.au/lrhr-free-online-training" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">book in here</a></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit;">You also download a free copy of my e-book <span style="box-sizing: inherit; font-weight: 700;">The Only 6 Ways to Become Wealthy</span> <a href="https://www.gonextlevelwealth.com.au/book" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>.</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit;"><span> </span>2. </span><span style="font-weight: 700;">Download our property buying guide</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px;"><span style="box-sizing: inherit;"></span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Download our free property buying guide <a href="https://www.allenwargent.com.au/" target="_blank">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">You can also check out a few of our recent property investment purchases <a href="https://www.allenwargent.com.au/results/" target="_blank">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><a href="https://www.allenwargent.com.au/contact-us/" target="_blank">Get in contact with us today</a> if strategic property investment is your thing. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="font-weight: 700;"> </span>3<span style="font-weight: 700;">. Subscribe to our Top 10 Podcasts for Investors</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit; font-weight: 700;">Listen in to our podcasts</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">The<span style="box-sizing: inherit;"> </span><a href="https://www.raskmedia.com.au/podcasts/australian-property-podcast/" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">Australian Property Podcast</a> is rapidly becoming one of Australia's biggest business podcasts, now with over 30,000 unique listeners per month.</p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">And our popular Low Rates High Returns Show also remains available on <a href="https://open.spotify.com/show/67P4wnQRx2163twnNNLdwK" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">Spotify</a>.</p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span> </span>4. <span style="font-weight: 700;">Subscribe for my free daily blog</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Subscribe for my free daily blog with well over 3.5 million hits <a href="http://petewargent.blogspot.com/" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">You can also catch up with me daily on Twitter <a href="https://twitter.com/PeteWargent" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>, where I'm active daily and have over 13,900 followers. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">By the way, I'm a 7-times published author on finance and investing, so you can check out some of my books <a href="https://petewargent.com/books/" target="_blank">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">5. <span style="font-weight: 700;">Work with me privately</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">For a limited time you can book in a free diagnosis call with me <a href="https://www.gonextlevelwealth.com.au/apply" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>, so book in a call today. </p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEglW0G43RUURpyauXYEJ3v2MT3s5oxGreXlrpjoTCySfn05BhMPPgLLyaaKSkxByIGVgiOKGuai2RvotL2c93ieXMYuyk1TdZBNO6RAON6YbOy7U5grK4Fvx-7DSCQ7dfpWKgc8sU6MWl9l_7EYUqHlo3WkT36L0X73bAdmC-C3vQTwzzuNKCoSYzPTRTc/s819/Dove.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="545" data-original-width="819" height="426" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEglW0G43RUURpyauXYEJ3v2MT3s5oxGreXlrpjoTCySfn05BhMPPgLLyaaKSkxByIGVgiOKGuai2RvotL2c93ieXMYuyk1TdZBNO6RAON6YbOy7U5grK4Fvx-7DSCQ7dfpWKgc8sU6MWl9l_7EYUqHlo3WkT36L0X73bAdmC-C3vQTwzzuNKCoSYzPTRTc/w640-h426/Dove.jpg" width="640" /></a></div></div></div>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-1489746653740109359.post-77002877819529951692024-03-19T10:57:00.017+11:002024-03-19T13:56:54.103+11:00Inflation expectations ease a bit further<div style="text-align: justify;"><b><u>Don’t wait to buy land; buy land and wait…</u></b></div><div style="text-align: justify;"><span style="font-family: inherit;"><br /></span></div><div style="text-align: justify;"><span style="font-family: inherit;">I saw one of those interesting posts on the Property Talk Australia Facebook group yesterday, showing parcels of land for sale up in Collaroy, in Sydney's Northern Beaches. </span></div><div style="text-align: justify;"><span style="font-family: inherit;"><br /></span></div><div style="text-align: justify;"><span style="font-family: inherit;">The auctions were scheduled for April 1922, 102 years ago next month, with a <span style="background-color: white; text-align: left;">£</span>2 deposit required for purchase. </span></div><div><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjolmVyuDaommkzkCZwVFBTGauVDhF0Qhyphenhyphenko3Z8-IHx78qjWqEEC9_-f3idgUGvnV-xiggvwVIpjMVZxO1dnYNb_tVomKlSsTyboUe1RF-JMpKmnD0qY1jzx5LBP13djqXy6cssJ3w2z1kbrUp2PbgEIIEBSDkPUlcx3XRv9qagoKWLIHx_bGI8Zl6nBPk/s1732/Inflation3.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="1732" data-original-width="1102" height="640" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjolmVyuDaommkzkCZwVFBTGauVDhF0Qhyphenhyphenko3Z8-IHx78qjWqEEC9_-f3idgUGvnV-xiggvwVIpjMVZxO1dnYNb_tVomKlSsTyboUe1RF-JMpKmnD0qY1jzx5LBP13djqXy6cssJ3w2z1kbrUp2PbgEIIEBSDkPUlcx3XRv9qagoKWLIHx_bGI8Zl6nBPk/w408-h640/Inflation3.jpg" width="408" /></a></div><br /><div style="text-align: center;"><u><i>Source: Property Talk Australia</i></u></div><div><br /></div><div style="text-align: justify;">Today these blocks would have unimproved land values of around $2 million, if not a bit more for some of the superior blocks up on the beaches, being the popular part of the world that it is!</div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">Of course, we've been through periods of high inflation and low inflation, high interest rates and low interest rates...and even a shift from the old pounds to Aussie dollars in 1966. </div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">Some of the blocks are also better than others, granted, but by my rough calculations that comes to a compound annual growth rate of more than 11 per cent (but less than 12 per cent).</div><div style="text-align: justify;"><br /></div><div style="text-align: justify;"><span style="font-family: inherit;">Split the difference, and call it 11<span style="background-color: white; text-align: left;">½</span><span style="background-color: white; text-align: left;"> </span> per cent. </span></div><div style="text-align: justify;"><span style="font-family: inherit;"><br /></span></div><div style="text-align: justify;"><span style="font-family: inherit;">As Cameron Murray pointed out on <a href="https://petewargent.blogspot.com/2024/03/podcast-great-housing-hijack.html" target="_blank">last week's podcast</a>, as we get wealthier as a nation, we simply spend more of our wealth on housing. </span></div><div style="text-align: justify;"><span style="font-family: inherit;"><br /></span></div><div style="text-align: justify;"><span style="font-family: inherit;">It’s a much simpler and better model for thinking about the user cost of real estate, and explains well why Aussie housing gets more expensive over time. </span></div><div style="text-align: justify;"><span style="font-family: inherit;"><br /></span></div><div style="text-align: justify;"><span style="font-family: inherit;"><b><u>Inflation hedge</u></b></span></div><div style="text-align: justify;"><span style="font-family: inherit;"><br /></span></div><div style="text-align: justify;"><span style="font-family: inherit;">Come to think of it, </span>11<span style="background-color: white; text-align: left;">½</span><span style="background-color: white; text-align: left;"> </span>per cent per annum is<span style="font-family: inherit;"> not too different from total returns from stock markets over the same kind of timeline.</span></div><div style="text-align: justify;"><span style="font-family: inherit;"><br /></span></div><div style="text-align: justify;"><span style="font-family: inherit;">The difference with real estate is that you can typically leverage the results 5x or more.</span></div><div style="text-align: justify;"><span style="font-family: inherit;"><br /></span></div><div style="text-align: justify;"><span style="font-family: inherit;">Of course, every so often articles surface about whether real estate is a "good" investment or a "sub-par" investment, and what-not. </span></div><div style="text-align: justify;"><span style="font-family: inherit;"><br /></span></div><div style="text-align: justify;"><span style="font-family: inherit;">But I normally pretty much ignore them because they rarely take account of how leverage is used in the real world, how in imperfect housing markets you can add value to properties through renovation or extension, or how you can redraw the equity you create to buy more investments.</span></div><div style="text-align: justify;"><span style="font-family: inherit;"><br /></span></div><div style="text-align: justify;"><span style="font-family: inherit;">It's also easier to use leverage through multiple cycles, do the unique lending conditions for residential housing. </span></div><div style="text-align: justify;"><span style="font-family: inherit;"><br /></span></div><div style="text-align: justify;"><span style="font-family: inherit;">That's presumably why I know considerably more people with $5m to $10m property portfolios than I do stock portfolios. </span></div><div style="text-align: justify;"><span style="font-family: inherit;"><br /></span></div><div style="text-align: justify;"><span style="font-family: inherit;">I reckon we can say that at the very least this graphic underscores why people like to own land and real estate in the landlocked city suburbs of Australia.</span></div><div style="text-align: justify;"><span style="font-family: inherit;"><br />At a time when currency debasement is of concern, property tends to work pretty well over time as a reasonable inflation hedge.</span></div><div style="text-align: justify;"><span style="font-family: inherit;"><br /></span></div><div style="text-align: justify;"><span style="font-family: inherit;">I read in the financial media this week that construction unions are pushing for 26 per cent pay rises - whether that comes about is another matter, but I doubt the cost of new housing is going to fall any time soon. </span></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;"><b><u>Inflation expectations ease</u></b></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">In that context, it was a relief to see consumer inflation expectations dropping back to 4.9 per cent, the lowest level in more than two years since February 2022, according to ANZ-Roy Morgan's survey. </div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">Consumer inflation expectations are now much closer to where they were in 2018 - when the official rate of inflation was actually below the 2 to 3 percent target range - so are likely commensurate with the Reserve Bank hitting its inflation target. </div><div style="text-align: justify;"><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiEOOrr9WkibDTBQ3j8UiQX3b-1ZzaXNZ3bQaGUquUFSN2r5jdX2Y_Q78qispLUsn2-OAPl_m3_Wqk0cniaxo24KQm15wVeXM6uV1zss6hxP3H1HhiZpTqVSTADhGxcNP8M875ZOnWsXSHA0DS4QM86FcLuHuC2Vs7CUbNSoWfGHdmK1pvrli_S3SA8I9U/s789/Inflation.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="556" data-original-width="789" height="452" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiEOOrr9WkibDTBQ3j8UiQX3b-1ZzaXNZ3bQaGUquUFSN2r5jdX2Y_Q78qispLUsn2-OAPl_m3_Wqk0cniaxo24KQm15wVeXM6uV1zss6hxP3H1HhiZpTqVSTADhGxcNP8M875ZOnWsXSHA0DS4QM86FcLuHuC2Vs7CUbNSoWfGHdmK1pvrli_S3SA8I9U/w640-h452/Inflation.jpg" width="640" /></a></div><div class="separator" style="clear: both; text-align: center;"><br /></div><div style="text-align: justify;">Consumer sentiment generally remains low, with higher interest rates slowing consumption, and with wages growth also now rolling over.</div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">The Reserve Bank will keep interest rates on hold today at 4.35 per cent, as <a href="https://jamesfostermacro.blogspot.com/2024/03/preview-rba-march-meeting.html" target="_blank">previewed by the king of analysis James Foster here</a>. </div><div><br /></div><div><div>---</div><div><br /></div><div><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">P.S. Whenever you’re ready…here are 5 ways I can help you manage your own money and go next level wealth:</p><ol style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px;"><li style="box-sizing: inherit; margin: 0px 0px 0.2em; padding: 0px; text-align: justify;"><span style="box-sizing: inherit; font-weight: 700;">Boom or Bust – 20 minute online workshop for investors</span></li></ol><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Register for my next<span style="box-sizing: inherit; font-weight: 700;"> free online training</span> - Boom or Bust? How to change your investment plan - <a href="https://www.gonextlevelwealth.com.au/lrhr-free-online-training" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; text-decoration: none; transition: all 0.1s ease 0s;">book in here</a></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit;">You also download a free copy of my e-book <span style="box-sizing: inherit; font-weight: 700;">The Only 6 Ways to Become Wealthy</span> <a href="https://www.gonextlevelwealth.com.au/book" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; text-decoration: none; transition: all 0.1s ease 0s;">here</a>.</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit;"><span> </span>2. </span><span style="font-weight: 700;">Download our property buying guide</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px;"><span style="box-sizing: inherit;"></span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Download our free property buying guide <a href="https://www.allenwargent.com.au/" target="_blank">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">You can also check out a few of our recent property investment purchases <a href="https://www.allenwargent.com.au/results/" target="_blank">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><a href="https://www.allenwargent.com.au/contact-us/" target="_blank">Get in contact with us today</a> if strategic property investment is your thing. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="font-weight: 700;"> </span>3<span style="font-weight: 700;">. Subscribe to our Top 10 Podcasts for Investors</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit; font-weight: 700;">Listen in to our podcasts</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">The<span style="box-sizing: inherit;"> </span><a href="https://www.raskmedia.com.au/podcasts/australian-property-podcast/" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; text-decoration: none; transition: all 0.1s ease 0s;">Australian Property Podcast</a> is rapidly becoming one of Australia's biggest business podcasts, now with over 30,000 unique listeners per month.</p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">And our popular Low Rates High Returns Show also remains available on <a href="https://open.spotify.com/show/67P4wnQRx2163twnNNLdwK" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; text-decoration: none; transition: all 0.1s ease 0s;">Spotify</a>.</p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span> </span>4. <span style="font-weight: 700;">Subscribe for my free daily blog</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Subscribe for my free daily blog with well over 3.5 million hits <a href="http://petewargent.blogspot.com/" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; text-decoration: none; transition: all 0.1s ease 0s;">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">You can also catch up with me daily on Twitter <a href="https://twitter.com/PeteWargent" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; text-decoration: none; transition: all 0.1s ease 0s;">here</a>, where I'm active daily and have over 13,900 followers. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">By the way, I'm a 7-times published author on finance and investing, so you can check out some of my books <a href="https://petewargent.com/books/" target="_blank">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">5. <span style="font-weight: 700;">Work with me privately</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">For a limited time you can book in a free diagnosis call with me <a href="https://www.gonextlevelwealth.com.au/apply" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; text-decoration: none; transition: all 0.1s ease 0s;">here</a>, so book in a call today. </p></div><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjUS6IqM7-MkKf3iX4n1BiPCqfjFbTze5mhsPIzNENJNf-PGaRaV1lw6irX8SIzMUdl9XM_SvDmplGlWOCFvwobGnTaegt-0I0ZHofaRQM8-BpGEo_w2CnaB3NybGeOvF9vQzDSqNtknkLVoJYqh6K0l4BeVHOL_TBUhiLlGrYL3j0HIaD7BbquIIw8IJ0/s816/Inflation2.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="539" data-original-width="816" height="422" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjUS6IqM7-MkKf3iX4n1BiPCqfjFbTze5mhsPIzNENJNf-PGaRaV1lw6irX8SIzMUdl9XM_SvDmplGlWOCFvwobGnTaegt-0I0ZHofaRQM8-BpGEo_w2CnaB3NybGeOvF9vQzDSqNtknkLVoJYqh6K0l4BeVHOL_TBUhiLlGrYL3j0HIaD7BbquIIw8IJ0/w640-h422/Inflation2.jpg" width="640" /></a></div>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-1489746653740109359.post-83733787657396349562024-03-17T09:17:00.003+11:002024-03-17T16:07:54.028+11:00Podcast: Is Australia just “a quarry with decent Universities”?<b><u>2-Sense podcast</u></b><div><br /></div><div><a href="https://www.raskmedia.com.au/2024/03/17/is-australia-just-a-quarry-with-decent-universities/" target="_blank">Join Batesy and I here</a> to hear all the latest property market news and views (or click in the image below):</div><div><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="https://www.raskmedia.com.au/2024/03/17/is-australia-just-a-quarry-with-decent-universities/" style="margin-left: 1em; margin-right: 1em;" target="_blank"><img border="0" data-original-height="518" data-original-width="782" height="424" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiDpqOkKlkRNOPRyRja6O7t0ABx2KKv1QThyzhodOVyG93JslspbGV5863gzAMJv_E-vpeplJr1ulZvJoHCbMB5UUxjNypIUDyZhCDvsCnUm6aOdNpkaywQ9FFpjHmsuWYjNA5hQh8HesSZJLS_nkI6PaDi146IJwrjaRRcTyiYyaUEs0cVqS41S6PV4Jc/w640-h424/Pod.jpg" width="640" /></a></div><br /><div>You can also watch the <a href="https://www.youtube.com/watch?v=fRQQqmU8qlE" target="_blank">video version here</a>:</div><div><br /></div><div class="separator" style="clear: both; text-align: center;"><iframe allowfullscreen="" class="BLOG_video_class" height="266" src="https://www.youtube.com/embed/fRQQqmU8qlE" width="320" youtube-src-id="fRQQqmU8qlE"></iframe></div><br /><div>---</div><div><br /></div><div><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">P.S. Whenever you’re ready…here are 5 ways I can help you manage your own money and go next level wealth:</p><ol style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px;"><li style="box-sizing: inherit; margin: 0px 0px 0.2em; padding: 0px; text-align: justify;"><span style="box-sizing: inherit; font-weight: 700;">Boom or Bust – 20 minute online workshop for investors</span></li></ol><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Register for my next<span style="box-sizing: inherit; font-weight: 700;"> free online training</span> - Boom or Bust? How to change your investment plan - <a href="https://www.gonextlevelwealth.com.au/lrhr-free-online-training" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">book in here</a></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit;">You also download a free copy of my e-book <span style="box-sizing: inherit; font-weight: 700;">The Only 6 Ways to Become Wealthy</span> <a href="https://www.gonextlevelwealth.com.au/book" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>.</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit;"><span> </span>2. </span><span style="font-weight: 700;">Download our property buying guide</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px;"><span style="box-sizing: inherit;"></span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Download our free property buying guide <a href="https://www.allenwargent.com.au/" target="_blank">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">You can also check out a few of our recent property investment purchases <a href="https://www.allenwargent.com.au/results/" target="_blank">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><a href="https://www.allenwargent.com.au/contact-us/" target="_blank">Get in contact with us today</a> if strategic property investment is your thing. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="font-weight: 700;"> </span>3<span style="font-weight: 700;">. Subscribe to our Top 10 Podcasts for Investors</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit; font-weight: 700;">Listen in to our podcasts</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">The<span style="box-sizing: inherit;"> </span><a href="https://www.raskmedia.com.au/podcasts/australian-property-podcast/" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">Australian Property Podcast</a> is one of Australia's biggest business podcasts, with over 30,000 unique listeners per month.</p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">And our enormously popular Low Rates High Returns Show also remains available on <a href="https://open.spotify.com/show/67P4wnQRx2163twnNNLdwK" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">Spotify</a>.</p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span> </span>4. <span style="font-weight: 700;">Subscribe for my free daily blog</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Subscribe for my free daily blog with well over 3.5 million hits <a href="http://petewargent.blogspot.com/" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">You can also catch up with me daily on Twitter <a href="https://twitter.com/PeteWargent" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>, where I'm active daily and have over 13,900 followers. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">By the way, I'm a 7-times published author on finance and investing, so you can check out some of my books <a href="https://petewargent.com/books/" target="_blank">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">5. <span style="font-weight: 700;">Work with me privately</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">For a limited time you can book in a free diagnosis call with me <a href="https://www.gonextlevelwealth.com.au/apply" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>, so book in a call today. </p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgcESiXXRs8XmlYeXhJNUvykNsH6jxrm4ryaCw2J2s64XPTZySSPi1Lvtk8SpgdaeYDplhGQat1KmCVPTdIGbqFTNtqE4dRTE7IuJ6YgvJv8-tvD69nR5OcKXU1a9Ir0Uhj8d40BoBuSXduiPSOrGeneEw1t_QAJ1SWZw-5OZTfV9jWWtzPqFuQO4YFF5Q/s818/Pod.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="540" data-original-width="818" height="422" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgcESiXXRs8XmlYeXhJNUvykNsH6jxrm4ryaCw2J2s64XPTZySSPi1Lvtk8SpgdaeYDplhGQat1KmCVPTdIGbqFTNtqE4dRTE7IuJ6YgvJv8-tvD69nR5OcKXU1a9Ir0Uhj8d40BoBuSXduiPSOrGeneEw1t_QAJ1SWZw-5OZTfV9jWWtzPqFuQO4YFF5Q/w640-h422/Pod.jpg" width="640" /></a></div></div>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-1489746653740109359.post-9344522817593079042024-03-14T22:40:00.002+11:002024-03-15T10:57:49.511+11:00Build to Rent announcements in 3, 2, 1...<div style="text-align: justify;"><b><u>Rental crisis erupts</u></b></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">I was down at the footy last weekend and it's a very sad sight to see what extremely high population growth combined with far-too-tight lending standards is resulting in for Brisbane.</div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">Judging from the vibes on social media people are generally livid about the rate of net immigration sustained through 2023, and now accelerating into 2024. </div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">Some thoughts for debate, in a social post which wound up all the people you'd most expect it to...</div><div style="text-align: justify;"><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhbEoYrWdwDsnF92pbzrq6JUMzesMYQqzSqhyphenhyphenWP_hQyemhYN4moFo8Z-iaC-XHnCVoKQyXcMWWcspna8FAekRD5vxF2Md_Vs09J311Zq2HoJEnmflf6VG3jS6j_Ga1v0p91Q26ydGVG06H7-6zD4MJlZEBhIuieF1xSaaG5UcBEW34r7Z6mEhz_YaySSCE/s749/PW1.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="537" data-original-width="749" height="458" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhbEoYrWdwDsnF92pbzrq6JUMzesMYQqzSqhyphenhyphenWP_hQyemhYN4moFo8Z-iaC-XHnCVoKQyXcMWWcspna8FAekRD5vxF2Md_Vs09J311Zq2HoJEnmflf6VG3jS6j_Ga1v0p91Q26ydGVG06H7-6zD4MJlZEBhIuieF1xSaaG5UcBEW34r7Z6mEhz_YaySSCE/w640-h458/PW1.jpg" width="640" /></a></div><br /><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjVWy3oHmVILUYkCfU8EHY7ljEjCjfHd0670-KJEk-FcL1V-lW2y9U7gW0QJtvoC018UtvWmAC3vmaOTzAn-CrrABXFXu82wjROnCsjUBYQOHHZj8FHaKJGkJBeCp-zde76fPmUgYN4bRSmPpGgIfm8Fb1-uhBFEglxVCdmbOVAqFy-omQBnupF6JCkrjo/s754/PW2.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="225" data-original-width="754" height="190" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjVWy3oHmVILUYkCfU8EHY7ljEjCjfHd0670-KJEk-FcL1V-lW2y9U7gW0QJtvoC018UtvWmAC3vmaOTzAn-CrrABXFXu82wjROnCsjUBYQOHHZj8FHaKJGkJBeCp-zde76fPmUgYN4bRSmPpGgIfm8Fb1-uhBFEglxVCdmbOVAqFy-omQBnupF6JCkrjo/w640-h190/PW2.jpg" width="640" /></a></div><div><br /></div><div style="text-align: justify;">Some hyperbole here, of course - which is a key strategy for engagement farming - and yet more than a grain of truth as well. </div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">PropTrack reported another decline in rental vacancies in February.</div><div style="text-align: justify;"><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjiLgPrehbSro0RKH5GNVi6eYbnnxhYaSSpZFN8bwSR6JFMR9K6Oft8Gjp3OO4W04S70yryzQpJVFrJpVKoh8aJldiSlfTpsdnlyj1mH0BQs1xkgPpvmr23075m9A7ycFf0WfE18rv6fkdFUV20W6FRWSoxe2j7Mxx6vV2GUSrHxWlxKjyMGLtX5o3srt0/s845/PT.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="435" data-original-width="845" height="330" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjiLgPrehbSro0RKH5GNVi6eYbnnxhYaSSpZFN8bwSR6JFMR9K6Oft8Gjp3OO4W04S70yryzQpJVFrJpVKoh8aJldiSlfTpsdnlyj1mH0BQs1xkgPpvmr23075m9A7ycFf0WfE18rv6fkdFUV20W6FRWSoxe2j7Mxx6vV2GUSrHxWlxKjyMGLtX5o3srt0/w640-h330/PT.jpg" width="640" /></a></div><div style="text-align: justify;"><br /></div><div style="text-align: center;"><u><i>Source: PropTrack</i></u></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">Notably Victoria has a record low number of properties for rent at 6,750, with the average property now leasing in only 20 days. </div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">I don't think that the punitigve land taxes are going to help here.</div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">Sydney's quarterly decline in rental vacancy rates was even steeper, dropping from 1.39 per cent to a record low of 1.11 per cent. </div><div><br /></div><div>Expect some damage limitation policy announcements over the coming weeks...</div><div><br /></div><div><div>---</div><div><br /></div><div><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">P.S. Whenever you’re ready…here are 5 ways I can help you manage your own money and go next level wealth:</p><ol style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px;"><li style="box-sizing: inherit; margin: 0px 0px 0.2em; padding: 0px; text-align: justify;"><span style="box-sizing: inherit; font-weight: 700;">Boom or Bust – 20 minute online workshop for investors</span></li></ol><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Register for my next<span style="box-sizing: inherit; font-weight: 700;"> free online training</span> - Boom or Bust? How to change your investment plan - <a href="https://www.gonextlevelwealth.com.au/lrhr-free-online-training" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">book in here</a></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit;">You also download a free copy of my e-book <span style="box-sizing: inherit; font-weight: 700;">The Only 6 Ways to Become Wealthy</span> <a href="https://www.gonextlevelwealth.com.au/book" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>.</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit;"><span> </span>2. </span><span style="font-weight: 700;">Download our property buying guide</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px;"><span style="box-sizing: inherit;"></span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Download our free property buying guide <a href="https://www.allenwargent.com.au/" target="_blank">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">You can also check out a few of our recent property investment purchases <a href="https://www.allenwargent.com.au/results/" target="_blank">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><a href="https://www.allenwargent.com.au/contact-us/" target="_blank">Get in contact with us today</a> if strategic property investment is your thing. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="font-weight: 700;"> </span>3<span style="font-weight: 700;">. Subscribe to our Top 10 Podcasts for Investors</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit; font-weight: 700;">Listen in to our podcasts</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">The<span style="box-sizing: inherit;"> </span><a href="https://www.raskmedia.com.au/podcasts/australian-property-podcast/" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">Australian Property Podcast</a> is one of Australia's biggest business podcasts, with over 30,000 unique listeners per month.</p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">And our enormously popular Low Rates High Returns Show also remains available on <a href="https://open.spotify.com/show/67P4wnQRx2163twnNNLdwK" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">Spotify</a>.</p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span> </span>4. <span style="font-weight: 700;">Subscribe for my free daily blog</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Subscribe for my free daily blog with well over 3.5 million hits <a href="http://petewargent.blogspot.com/" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">You can also catch up with me daily on Twitter <a href="https://twitter.com/PeteWargent" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>, where I'm active daily and have over 13,900 followers. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">By the way, I'm a 7-times published author on finance and investing, so you can check out some of my books <a href="https://petewargent.com/books/" target="_blank">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">5. <span style="font-weight: 700;">Work with me privately</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">For a limited time you can book in a free diagnosis call with me <a href="https://www.gonextlevelwealth.com.au/apply" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>, so book in a call today. </p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEivYmQEg8FXyesiXN3CbgyXMzVeS1MsqKLrK7VrLGHkZIo_eDP7u9x2UPGcXUUwmgW7GQQ22d1MEZ030hZvTQ_tiS0psOh6adj67QELDRg3KLUabQF1sPsXQH_zLVdTW_zOg7mm67awc8-oHRMuW_rYrgdW0ns9cgF6tFssBCxZMqDOybXTiCtDeWBpSUg/s821/Tower.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="540" data-original-width="821" height="420" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEivYmQEg8FXyesiXN3CbgyXMzVeS1MsqKLrK7VrLGHkZIo_eDP7u9x2UPGcXUUwmgW7GQQ22d1MEZ030hZvTQ_tiS0psOh6adj67QELDRg3KLUabQF1sPsXQH_zLVdTW_zOg7mm67awc8-oHRMuW_rYrgdW0ns9cgF6tFssBCxZMqDOybXTiCtDeWBpSUg/w640-h420/Tower.jpg" width="640" /></a></div></div></div>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-1489746653740109359.post-11887543304259555732024-03-14T13:19:00.002+11:002024-03-14T13:23:08.275+11:00Immigration accelerates to new highs...<b><u>Record immigration</u></b><br /><div><br /></div><div>The ABS released the latest arrivals and departures figures, and the numbers are big...really big!</div><div><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjNUnV08sLtHohF8Y6kenljNkxoz45nblnqgyfu4xgOXbSaY5C61v9Ruv7qWWd-bK3IvRNFZjjvXKSyxjBvMFlt_Bg235kY4QS7ycw519FYJ-IK0h7Wwgs2eACAN6WdULix6ZQGrgyUQrss3_RyKVWEJ7GRZFCZzC7BEsk-wWaxfwYjikUJUq7OpSjHw24/s1073/ABS3.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="697" data-original-width="1073" height="416" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjNUnV08sLtHohF8Y6kenljNkxoz45nblnqgyfu4xgOXbSaY5C61v9Ruv7qWWd-bK3IvRNFZjjvXKSyxjBvMFlt_Bg235kY4QS7ycw519FYJ-IK0h7Wwgs2eACAN6WdULix6ZQGrgyUQrss3_RyKVWEJ7GRZFCZzC7BEsk-wWaxfwYjikUJUq7OpSjHw24/w640-h416/ABS3.jpg" width="640" /></a></div><div style="text-align: center;"><u><i><br /></i></u></div><div><div style="text-align: center;"><u><i>Source: ABS</i></u></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">It was the biggest January on record for permanent and long-term arrivals at 125,410 (+28 per cent from last year).</div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">Overall, there were more than 2.1 million arrivals in January 2024, which is obviously a lot. </div><div style="text-align: justify;"><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg377X3bLnywTWL-cNGKSp_QufGpFju3r76fmd2Dw2mk2_3lFHxUCPLxJBsDL3BFmqAr6-BLy2f9LbfqldtG-ZijtMDtU91-d1I3ulZQ_koTRaqZs6278lY0hilqtdpF8JOvam51IamV_bu0kJayXupK80j79sFup2leNOAR7yF1_1KT_E-qoWuB5flX6U/s1087/ABS4.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="755" data-original-width="1087" height="444" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg377X3bLnywTWL-cNGKSp_QufGpFju3r76fmd2Dw2mk2_3lFHxUCPLxJBsDL3BFmqAr6-BLy2f9LbfqldtG-ZijtMDtU91-d1I3ulZQ_koTRaqZs6278lY0hilqtdpF8JOvam51IamV_bu0kJayXupK80j79sFup2leNOAR7yF1_1KT_E-qoWuB5flX6U/w640-h444/ABS4.jpg" width="640" /></a></div><br /><div style="text-align: center;"><u><i>Source: ABS</i></u></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">On the other hand permanent and long-term departures declined by -8 per cent from a year earlier, to around 70,000.</div></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">Over the year net permanent and long-term immigration has accelerated to<span style="font-family: inherit;">wards <span style="background-color: white; text-align: left;">½ </span>million. </span></div><div><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgPuG0vmzMz0pvDE4kgtiVbdM__4hMBDXiaCvtUwVzXWVA0_jW0JMBYY3lZDjVpZWow_P67DUrR9GsUcwF7uPHPOWH-ZjFvCYZsJZRmV_68ClHWPHKlqI3m6IyaOscG-ZLa8oW-AVtG2avPhWzRZak2Bx3izOKw2spHYfTsqItmiIAzbRP5cxZ2uMoaPW0/s1381/ABS1.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="817" data-original-width="1381" height="378" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgPuG0vmzMz0pvDE4kgtiVbdM__4hMBDXiaCvtUwVzXWVA0_jW0JMBYY3lZDjVpZWow_P67DUrR9GsUcwF7uPHPOWH-ZjFvCYZsJZRmV_68ClHWPHKlqI3m6IyaOscG-ZLa8oW-AVtG2avPhWzRZak2Bx3izOKw2spHYfTsqItmiIAzbRP5cxZ2uMoaPW0/w640-h378/ABS1.jpg" width="640" /></a></div><div><br /></div><div>This has solved the labour shortage, but created a massive dwelling shortage in its place.</div><div><br /></div><div>As such the inflation shifts from wages to the price of new housing and rents. </div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">Chinese visitors are way down on the pre-COVID days but are at least recovering (and February will see 200,000 arrivals from China given the timing of Lunar New Year). </div><br /><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiDydGqEHlJMZoz24BhXd0EcepOpm0x7g05aU3oSlrgOcTS2vDcXto0lzI4PqxziCShsmQyiSbyfU3wHkszNHQmokosIgSd76g_m4eql-jY2pgaxH3JrCzKoeE-MyIwaNm7-MhwI8irO74v-G5U_1HcnJ0-H7Gc3D7HvZ1Vwd9QTkaq3nL2_pvUMprsQAU/s1441/ABS2.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="801" data-original-width="1441" height="356" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiDydGqEHlJMZoz24BhXd0EcepOpm0x7g05aU3oSlrgOcTS2vDcXto0lzI4PqxziCShsmQyiSbyfU3wHkszNHQmokosIgSd76g_m4eql-jY2pgaxH3JrCzKoeE-MyIwaNm7-MhwI8irO74v-G5U_1HcnJ0-H7Gc3D7HvZ1Vwd9QTkaq3nL2_pvUMprsQAU/w640-h356/ABS2.jpg" width="640" /></a></div><br /><div class="separator" style="clear: both; text-align: justify;">If you're not following Antipodean Macro and Only Charts yet...well, you should be!</div><div class="separator" style="clear: both; text-align: justify;"><br /></div><div class="separator" style="clear: both; text-align: justify;"><a href="https://www.antipodeanmacro.com/p/only-charts-df7" target="_blank">Here</a> Justin Fabo looks at the trends for net overseas migration, which are accelerating again.</div><br /><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh8RvLKNdKOEn6c8pX9oP-EzR3aAU5Ihp-sEtOilqTpwVO1OS3BQrkQY3mfiCNu7Nm2D_Wf1oDJZzf8XKRQEtnlFByvjKhccSnATzKFx1_jBw4ftNGiWxnWwUiyySzqdWWushRIitSfcQDSIQH9U1gs6ORugnV1YbV2iiGsQ6A0fbTvgIfeMgEjs8_eAfY/s901/Fabo.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="769" data-original-width="901" height="546" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh8RvLKNdKOEn6c8pX9oP-EzR3aAU5Ihp-sEtOilqTpwVO1OS3BQrkQY3mfiCNu7Nm2D_Wf1oDJZzf8XKRQEtnlFByvjKhccSnATzKFx1_jBw4ftNGiWxnWwUiyySzqdWWushRIitSfcQDSIQH9U1gs6ORugnV1YbV2iiGsQ6A0fbTvgIfeMgEjs8_eAfY/w640-h546/Fabo.jpg" width="640" /></a></div><div><br /></div><div style="text-align: justify;">There's not too much to add here except with tent cities springing up, there's a serious political issue brewing related to immigration levels, which are presently faster than our capability to build for. </div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">Expect the government to make a fresh announcement on visas, as was the case with housing targets, but whether anything meaningfully changes any time soon is another question.</div><div style="text-align: justify;"><br /></div><div style="text-align: justify;"><div style="text-align: left;">---</div><div style="text-align: left;"><br /></div><div style="text-align: left;"><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">P.S. Whenever you’re ready…here are 5 ways I can help you manage your own money and go next level wealth:</p><ol style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px;"><li style="box-sizing: inherit; margin: 0px 0px 0.2em; padding: 0px; text-align: justify;"><span style="box-sizing: inherit; font-weight: 700;">Boom or Bust – 20 minute online workshop for investors</span></li></ol><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Register for my next<span style="box-sizing: inherit; font-weight: 700;"> free online training</span> - Boom or Bust? How to change your investment plan - <a href="https://www.gonextlevelwealth.com.au/lrhr-free-online-training" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">book in here</a></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit;">You also download a free copy of my e-book <span style="box-sizing: inherit; font-weight: 700;">The Only 6 Ways to Become Wealthy</span> <a href="https://www.gonextlevelwealth.com.au/book" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>.</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit;"><span> </span>2. </span><span style="font-weight: 700;">Download our property buying guide</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px;"><span style="box-sizing: inherit;"></span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Download our free property buying guide <a href="https://www.allenwargent.com.au/" target="_blank">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">You can also check out a few of our recent property investment purchases <a href="https://www.allenwargent.com.au/results/" target="_blank">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><a href="https://www.allenwargent.com.au/contact-us/" target="_blank">Get in contact with us today</a> if strategic property investment is your thing. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="font-weight: 700;"> </span>3<span style="font-weight: 700;">. Subscribe to our Top 10 Podcasts for Investors</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit; font-weight: 700;">Listen in to our podcasts</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">The<span style="box-sizing: inherit;"> </span><a href="https://www.raskmedia.com.au/podcasts/australian-property-podcast/" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">Australian Property Podcast</a> is one of Australia's biggest business podcasts, with over 30,000 unique listeners per month.</p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">And our enormously popular Low Rates High Returns Show also remains available on <a href="https://open.spotify.com/show/67P4wnQRx2163twnNNLdwK" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">Spotify</a>.</p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span> </span>4. <span style="font-weight: 700;">Subscribe for my free daily blog</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Subscribe for my free daily blog with well over 3.5 million hits <a href="http://petewargent.blogspot.com/" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">You can also catch up with me daily on Twitter <a href="https://twitter.com/PeteWargent" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>, where I'm active daily and have over 13,900 followers. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">By the way, I'm a 7-times published author on finance and investing, so you can check out some of my books <a href="https://petewargent.com/books/" target="_blank">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">5. <span style="font-weight: 700;">Work with me privately</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">For a limited time you can book in a free diagnosis call with me <a href="https://www.gonextlevelwealth.com.au/apply" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>, so book in a call today. <br /></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjWsNd0wtNMD-8-2bCg6UD5-VVANjn8w065Mc33QzQGtbbnFmkTH5mSG4hvkGAExyhO3wzhrF152k1-haRwYcvTgZgrQ8hKTeFHPJEGEpgxTKBrDyxz-O5M6Fu7DmuABJRpVWOmU6G_ZMy-9p_OvcHPi-GJGlIxXFb3fVJXPU0HGPsJYzGQtTRsPW5H3Co/s831/Airpores.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="542" data-original-width="831" height="418" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjWsNd0wtNMD-8-2bCg6UD5-VVANjn8w065Mc33QzQGtbbnFmkTH5mSG4hvkGAExyhO3wzhrF152k1-haRwYcvTgZgrQ8hKTeFHPJEGEpgxTKBrDyxz-O5M6Fu7DmuABJRpVWOmU6G_ZMy-9p_OvcHPi-GJGlIxXFb3fVJXPU0HGPsJYzGQtTRsPW5H3Co/w640-h418/Airpores.jpg" width="640" /></a></div></div></div>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-1489746653740109359.post-44080833031755928222024-03-12T20:11:00.005+11:002024-03-12T20:40:29.041+11:00Podcast: The Great Housing Hijack!<div style="text-align: justify;"><b><u>Housing Hijack!</u></b></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">It was exciting to get Dr. Cameron Murray on the podcast to discuss his controversial new book, <b><i>The Great Housing Hijack!</i></b></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;"><a href="https://www.raskmedia.com.au/2024/03/12/the-great-housing-hijack-dr-cameron-murray/" target="_blank">Tune in here</a> (or click on the image below):</div><div><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="https://www.raskmedia.com.au/2024/03/12/the-great-housing-hijack-dr-cameron-murray/" style="margin-left: 1em; margin-right: 1em;" target="_blank"><img border="0" data-original-height="383" data-original-width="727" height="338" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEilANk7nmrWNMRGULeekqHuOycEUrI9HyTmk8L8cpixcXLgrI9PQ2BCJt-BMOSWYP2W7RterEDgWIQCpOcm_jCxBoCZiDbXcIHCJqi1DedwFOd6hTodRP25EIupiZgcTKCvFYSPuOLpVmkoqV6Rnb_Be2zWG_0H0iQfgqtMUsVnouYkwbJrqFTEkNrRLbs/w640-h338/APP.jpg" width="640" /></a></div><br /><div>You can also watch the video version on <a href="https://www.youtube.com/watch?v=wXNRoBMhRgY" target="_blank">Youtube here</a>:</div><div><br /></div><div class="separator" style="clear: both; text-align: center;"><iframe allowfullscreen="" class="BLOG_video_class" height="266" src="https://www.youtube.com/embed/wXNRoBMhRgY" width="320" youtube-src-id="wXNRoBMhRgY"></iframe></div><br /><div><div>---</div><div><br /></div><div><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">P.S. Whenever you’re ready…here are 5 ways I can help you manage your own money and go next level wealth:</p><ol style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px;"><li style="box-sizing: inherit; margin: 0px 0px 0.2em; padding: 0px; text-align: justify;"><span style="box-sizing: inherit; font-weight: 700;">Boom or Bust – 20 minute online workshop for investors</span></li></ol><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Register for my next<span style="box-sizing: inherit; font-weight: 700;"> free online training</span> - Boom or Bust? How to change your investment plan - <a href="https://www.gonextlevelwealth.com.au/lrhr-free-online-training" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">book in here</a></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit;">You also download a free copy of my e-book <span style="box-sizing: inherit; font-weight: 700;">The Only 6 Ways to Become Wealthy</span> <a href="https://www.gonextlevelwealth.com.au/book" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>.</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit;"><span> </span>2. </span><span style="font-weight: 700;">Download our property buying guide</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px;"><span style="box-sizing: inherit;"></span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Download our free property buying guide <a href="https://www.allenwargent.com.au/" target="_blank">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">You can also check out a few of our recent property investment purchases <a href="https://www.allenwargent.com.au/results/" target="_blank">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><a href="https://www.allenwargent.com.au/contact-us/" target="_blank">Get in contact with us today</a> if strategic property investment is your thing. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="font-weight: 700;"> </span>3<span style="font-weight: 700;">. Subscribe to our Top 10 Podcasts for Investors</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span style="box-sizing: inherit; font-weight: 700;">Listen in to our podcasts</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">The<span style="box-sizing: inherit;"> </span><a href="https://www.raskmedia.com.au/podcasts/australian-property-podcast/" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">Australian Property Podcast</a> is one of Australia's biggest business podcasts, with over 30,000 unique listeners per month.</p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">And our enormously popular Low Rates High Returns Show also remains available on <a href="https://open.spotify.com/show/67P4wnQRx2163twnNNLdwK" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">Spotify</a>.</p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;"><span> </span>4. <span style="font-weight: 700;">Subscribe for my free daily blog</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">Subscribe for my free daily blog with well over 3.5 million hits <a href="http://petewargent.blogspot.com/" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">You can also catch up with me daily on Twitter <a href="https://twitter.com/PeteWargent" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>, where I'm active daily and have over 13,900 followers. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">By the way, I'm a 7-times published author on finance and investing, so you can check out some of my books <a href="https://petewargent.com/books/" target="_blank">here</a>. </p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">5. <span style="font-weight: 700;">Work with me privately</span></p><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">For a limited time you can book in a free diagnosis call with me <a href="https://www.gonextlevelwealth.com.au/apply" style="box-sizing: inherit; color: #d9a812; text-decoration-line: none; transition: all 0.1s ease 0s;">here</a>, so book in a call today. </p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg7QqqUabp5pt0xVH7qD0DGjMjx6BMSLMkV7KgAAkSODt37MpDoxsOFb6FhnPPYEeAHmHMvDNXcmRZB9aO1snbvtuX6Oy9vPdQJq6PFaOIe6Vkl_UdhpElb0VTppyQegx8j786WHiSKozfcrIjiwR2DtwPWegTnyh4dsKseIhBf8qQSEv9eWQ_7ux2Y1n0/s819/HJ.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="537" data-original-width="819" height="420" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg7QqqUabp5pt0xVH7qD0DGjMjx6BMSLMkV7KgAAkSODt37MpDoxsOFb6FhnPPYEeAHmHMvDNXcmRZB9aO1snbvtuX6Oy9vPdQJq6PFaOIe6Vkl_UdhpElb0VTppyQegx8j786WHiSKozfcrIjiwR2DtwPWegTnyh4dsKseIhBf8qQSEv9eWQ_7ux2Y1n0/w640-h420/HJ.jpg" width="640" /></a></div></div></div>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-1489746653740109359.post-84029981849726893192024-03-12T19:58:00.007+11:002024-03-12T20:06:02.601+11:00Is there a 'bubble' in Australian property?<div style="text-align: justify;"><b><u>Mostly efficient markets</u></b></div><div style="text-align: justify;"><b><u><span style="font-family: inherit;"><br /></span></u></b></div><div style="text-align: justify;"><span style="font-family: inherit;">Back in 2019, I wrote about why it's often smarter to adopt a view that markets are fairly efficient most of the time <a href="https://petewargent.blogspot.com/2019/11/emh-versus-asset-bubbles.html" target="_blank">here</a>.</span></div><div style="text-align: justify;"><span style="font-family: inherit;"><br /></span></div><div style="text-align: justify;"><span style="font-family: inherit;">It's pretty unrealistic to compare today's property markets to the decades preceding the deregulation of the financial services sector (and the financialisation of housing markets that followed). </span></div><div style="text-align: justify;"><span style="font-family: inherit;"><br /></span></div><div style="text-align: justify;"><span style="font-family: inherit;">It's also worth noting <a href="https://petewargent.blogspot.com/2024/01/lucky-country.html" target="_blank">how well capitalised</a> Aussie banks are these days, as compared to the pre-financial <span style="font-family: inherit;">crisis era.</span></span></div><div style="text-align: justify;"><span style="font-family: inherit;"><br /></span></div><div style="text-align: justify;"><div><span style="font-family: inherit;"><span style="background-color: white;">Today the most highly capitalised internationally comparable banks in the world versus our own 'Big 4' banks rank</span><span style="background-color: white;"> ANZ (1st), Commonwealth Bank (2nd), Westpac (4th), and the National Australia Bank (6th).</span></span></div></div><div style="text-align: justify;"><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiQQr06iFEOmdXde0woNwl7xvrsFOzmxzT7xjVs8mMM3J5zOCxJIAZNMMZKzo28ZaxMRBo3G5PNteDBGdr2oRDIl22P4v7c0X7bvmAJtdmyUW3nk4mC3h5q1Y4pH-LLh96oayFL0yyQQLO-dyFqaTgb6cMmuyizSA5wPh8grD5XrUcmopLGHOny17e45ys/s1208/Capitalised.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="655" data-original-width="1208" height="348" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiQQr06iFEOmdXde0woNwl7xvrsFOzmxzT7xjVs8mMM3J5zOCxJIAZNMMZKzo28ZaxMRBo3G5PNteDBGdr2oRDIl22P4v7c0X7bvmAJtdmyUW3nk4mC3h5q1Y4pH-LLh96oayFL0yyQQLO-dyFqaTgb6cMmuyizSA5wPh8grD5XrUcmopLGHOny17e45ys/w640-h348/Capitalised.jpg" width="640" /></a></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;"><span style="background-color: white;"><span style="font-family: inherit;">Compare the left-hand side of this graphic to 2008, to a time when most banks around the developed world had Tier 1 capital ratios in the range of 6 to 8 per cent, and often lower. </span></span></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">In that context, an updated look at the value of the Aussie housing market...</div><div style="text-align: justify;"><br /></div><div style="text-align: justify;"><b><u><span style="font-family: inherit;">Looking frothy?</span></u></b></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">The ABS reported today that the value of the Aussie housing market increased to an estimated $10.3 trillion in the December 2023 quarter, up from around $9.8 trillion a year earlier.</div><div><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgPugTjk1J5NSa7aAKxbeIE5lwkFvPVNN18k9RN2rIy4G3nUbO-dK2DmW-F5elUgLG3uax3Q7XQkltEWF7iI-XofbgbXfGTcg5lJJI2eNev362GAz7_xmtYA5dRCZ2TTwtXsUDiAWRcCNsK9dFP5RZnEb7TDjZUXumxjZBkSIME3KNNpMsO_bla-o7YcCs/s1414/ABS1.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="804" data-original-width="1414" height="364" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgPugTjk1J5NSa7aAKxbeIE5lwkFvPVNN18k9RN2rIy4G3nUbO-dK2DmW-F5elUgLG3uax3Q7XQkltEWF7iI-XofbgbXfGTcg5lJJI2eNev362GAz7_xmtYA5dRCZ2TTwtXsUDiAWRcCNsK9dFP5RZnEb7TDjZUXumxjZBkSIME3KNNpMsO_bla-o7YcCs/w640-h364/ABS1.jpg" width="640" /></a></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">This presents an opportunity to update the charts comparing the value of the housing <i>stock</i>, to the size of the economy (for which we can use annual GDP, measured as a <i>flow</i>). </div><div><br /></div><div>Australia's GDP originally fell sharply during the COVID lockdowns, but has since rebounded solidly. <br /><div><br /><div class="separator" style="clear: both; font-weight: bold; text-align: center; text-decoration-line: underline;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhFfAsxPtwMp_lF_WAMbn_YkhxKoz2a3QGoZn9PhXklLd6ZpU8gamJV_F7giuhlVOu28GuIflkA3T4__iwDNJ1OoOZgPX6Etw_3J8oEzow1bC1ACaGtExZ50QeWxFb-D3iix8Uh2XoigyJrzx_hpG7GV4CvqLPhGAJH4SZmMQASZb2SpJkTR2VepbU0UJU/s1339/GDP2.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="808" data-original-width="1339" height="386" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhFfAsxPtwMp_lF_WAMbn_YkhxKoz2a3QGoZn9PhXklLd6ZpU8gamJV_F7giuhlVOu28GuIflkA3T4__iwDNJ1OoOZgPX6Etw_3J8oEzow1bC1ACaGtExZ50QeWxFb-D3iix8Uh2XoigyJrzx_hpG7GV4CvqLPhGAJH4SZmMQASZb2SpJkTR2VepbU0UJU/w640-h386/GDP2.jpg" width="640" /></a></div><div style="font-weight: bold;"><br /></div><div>This puts the value of dwelling stock back to around 4x GDP, which is down from a peak of 4.6x GDP.</div><br /><div class="separator" style="clear: both; font-weight: bold; text-align: center; text-decoration-line: underline;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhJZHhHwR2nBFAjtksRAgZmMcsmsGESvmxlNli1kWvhw0hLqBpapjv1DPrGOkWN8EtblE6fV3hwh8V_koq4sofUD6r17PkA1ZgopIdrg7F5trZQ5xPGeQal_vzVePqR9oEQlY90bLAF9a2boXsRjcXeNSHndyfsURJO4LpZehVGIjpI9P5NLRLfVa3q3Tg/s1353/GDP1.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="805" data-original-width="1353" height="380" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhJZHhHwR2nBFAjtksRAgZmMcsmsGESvmxlNli1kWvhw0hLqBpapjv1DPrGOkWN8EtblE6fV3hwh8V_koq4sofUD6r17PkA1ZgopIdrg7F5trZQ5xPGeQal_vzVePqR9oEQlY90bLAF9a2boXsRjcXeNSHndyfsURJO4LpZehVGIjpI9P5NLRLfVa3q3Tg/w640-h380/GDP1.jpg" width="640" /></a></div><div><br /></div><div style="text-align: justify;">As noted in previous articles, these measures are only useful up to a certain point.</div></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">Clearly if interest rates were to stay at their current level for too long then eventually there would be a good deal of mortgage stress.</div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">However, it's also fairly evident that financial markets expect mortgage rates to fall over the next few years, possibly by quite a lot.</div><div style="text-align: justify;"><b><u><br /></u></b></div><div style="text-align: justify;"><b><u>Not enough housing</u></b></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">There's also a chronic shortage of housing building up in Australia.</div><div style="text-align: justify;"><br />SQM Research reported today that the national residential vacancy rate fell to just 1 per cent in February, with declines in Sydney, Melbourne, Canberra, Darwin, Brisbane, and Hobart.</div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">Only Adelaide and Perth were stable, but vacancy rates are already at practically zero in those two markets.</div><div><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhZQG2DOaaGpRo3K-hekPZwGn49Jy1W5lQFhNdW0Jbh0pAiRvYOqz3EHB4ge-kCffTMqOIa5bffkWKxazl0Hezq6zTWTnPWSSCaiR2HAjfYtqzAnEkRm5m6MCEeTtdWgVdWlAkKNqb1zRgNJDmCNrYaT3sDfj1NcECBW2HM9Va8tqJiFAez_qysEHRK-tg/s1348/SQM1.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="805" data-original-width="1348" height="382" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhZQG2DOaaGpRo3K-hekPZwGn49Jy1W5lQFhNdW0Jbh0pAiRvYOqz3EHB4ge-kCffTMqOIa5bffkWKxazl0Hezq6zTWTnPWSSCaiR2HAjfYtqzAnEkRm5m6MCEeTtdWgVdWlAkKNqb1zRgNJDmCNrYaT3sDfj1NcECBW2HM9Va8tqJiFAez_qysEHRK-tg/w640-h382/SQM1.jpg" width="640" /></a></div><div><div><br /></div><div style="text-align: justify;">Asking rents rose another +1.2 per cent over the month, and even the CBD vacancy rates are now getting tight. </div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">Melbourne's asking rent rose +1.5 per cent, while the median asking rent for a house in Sydney has steepled to above $1,050/week.</div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">SQM's Louis Christopher noted that vacancy rates are set to fall further in March. </div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">The estimated number of dwellings increased by +52,500 to 11,134,600 over the quarter, meaning that the mean dwelling price increased by +$13,400 to $933,800.</div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">Unfortunately this data series isn't quite as useful as it once was, looking only at a <i>mean</i> price (rather than, say, a stratified median index). </div><div style="text-align: justify;"><br /></div><div style="text-align: justify;"><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjIXFvQwaQdsCrEjn4kbapWfJccJt6jkF1wffxFOlOysy9iNPKe4HOR2rPsaea9czyNrxeV7mr26JCtwxYi-J8wm-LGVg-nKhR_9MPxcpwLHyMtgOQS7IILL7O8wC1ht4zNhaDHLkzLp7o64ESjbsnubf2MqtW0iFv1hDuvN4_e8RvTz3ED-5B5hH5BKqQ/s1085/Mean.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="650" data-original-width="1085" height="384" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjIXFvQwaQdsCrEjn4kbapWfJccJt6jkF1wffxFOlOysy9iNPKe4HOR2rPsaea9czyNrxeV7mr26JCtwxYi-J8wm-LGVg-nKhR_9MPxcpwLHyMtgOQS7IILL7O8wC1ht4zNhaDHLkzLp7o64ESjbsnubf2MqtW0iFv1hDuvN4_e8RvTz3ED-5B5hH5BKqQ/w640-h384/Mean.jpg" width="640" /></a></div><br /><div style="text-align: center;"><u><i>Source: ABS</i></u></div></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">To be fair, +52,500 is actually a decent quarterly increase in the number of dwellings, but still it is nowhere near enough given population growth peaking at around +690,000. </div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">Dwelling starts have also slowed very significantly of late. </div><div style="text-align: justify;"><br /></div><div style="text-align: justify;"><b><u>The wrap</u></b></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">Given all of the above, I wouldn't be at all surprised to see the total value of dwelling stock increase by 20 to 25 per cent over the next few years, as the population continues to increase.</div><div style="text-align: justify;"><br /></div></div></div><div style="text-align: justify;">In some parts of the country there may well be a downturn in housing prices, particularly in the popular sea-change and treechange regional markets where there was a super-boom through the pandemic period. </div><div><br /></div><div><div>---</div><div><br /></div><div><p style="box-sizing: inherit; 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margin-right: 1em;"><img border="0" data-original-height="545" data-original-width="738" height="472" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjY-x9QxEZUqIWXjnz-5OiVbUm2x9aFh4gSiPrmVrnv9spq9Dt5jyk5D_QNgOfmcdCMTMcC-lsZech5ivh4E6OWIhKjpQ2w6VuchuejElsR9IZUR9LsqzuE45vmyT5g85IG6F2v_eEDqxCQXxuj3vGkjIzAb5f2Km2FjzR4wxchJr85wwFJGCfMxItpJqM/w640-h472/Bubble.jpg" width="640" /></a></div></div></div>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-1489746653740109359.post-25221311240634440622024-03-12T11:37:00.004+11:002024-03-14T11:02:13.222+11:00Apartment undersupply looms<div style="text-align: justify;"><b><u>Housing shortage builds</u></b></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">I just finished recording this month's Big Picture podcast with Michael Yardney, where we discussed the undersupply of units in Melbourne.</div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">Interesting insights from Charter Keck Cramer in their latest State of the Market reports point to exactly the same thing. </div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">A couple of excerpts are here:</div><div><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiSMykDD2-BR8xwRZYWUTCRl89RMufF18aCIb34MWz6e3NzLs0HKi1_w6uUfSFdfVoOa1qcQIQ9QA8hmLIMppMKkfNAeUupiTxuCWhTBS8NKLO6wKdgdZeVndvy4Ci_MQ_43izsdXuvRbw6zGUrcrAVqY5aVDtMoc-1p7rjHxz6hxxu2tejOZuxH9_xDcg/s1365/CKC2.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="636" data-original-width="1365" height="298" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiSMykDD2-BR8xwRZYWUTCRl89RMufF18aCIb34MWz6e3NzLs0HKi1_w6uUfSFdfVoOa1qcQIQ9QA8hmLIMppMKkfNAeUupiTxuCWhTBS8NKLO6wKdgdZeVndvy4Ci_MQ_43izsdXuvRbw6zGUrcrAVqY5aVDtMoc-1p7rjHxz6hxxu2tejOZuxH9_xDcg/w640-h298/CKC2.jpg" width="640" /></a></div><div style="text-align: justify;"><br /></div><div style="text-align: center;"><u><i>Source: Charter Keck Cramer</i></u></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">It's the same story in Sydney where steepling construction costs, weak pre-sales, and planning amendments are leading developers to review the potential of projects in the pipeline. </div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">Relatively few completions are expected over the next three years. </div><br /><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgQaOrcgndSLg5I985AWhDkTz9ULpx5IDPo1-wznfMSahvaWPXFbw9FmJzeG34kSn18-JeF9LEkB04SxTjmGwVtR_GaPaABoUjeUtiue-HVXdB648-ZfAEqlfjtSh8SYbJhPoRLNZyQRf86f0NAYUsh1_AKr3IYDGPVFOeK9mH2jBa-jGeapyqiAWFqUQo/s1362/CKC3.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="640" data-original-width="1362" height="300" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgQaOrcgndSLg5I985AWhDkTz9ULpx5IDPo1-wznfMSahvaWPXFbw9FmJzeG34kSn18-JeF9LEkB04SxTjmGwVtR_GaPaABoUjeUtiue-HVXdB648-ZfAEqlfjtSh8SYbJhPoRLNZyQRf86f0NAYUsh1_AKr3IYDGPVFOeK9mH2jBa-jGeapyqiAWFqUQo/w640-h300/CKC3.jpg" width="640" /></a></div><div style="text-align: center;"><u><i><br /></i></u></div><div style="text-align: center;"><u><i>Source: Charter Keck Cramer</i></u></div><div><br /></div>In Brisbane, CKC projects the undersupply to be chronic.<br /><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi-zxJ-5w6O2OJ_P3YGKBWF33c1qm56C-bdRISU4kH01U3K52PYeFEV0IpFGewO9VLz5Zgn2xbuau_IyRqsptUYLamvR91U5NuEak6yb5g_y_Hg3SbretOkZiql9gFCfW_0ge9SC2HMBQgao1u5vCUfXT1umUqSEAqbjeJ5r2_jWrrEWd94qHJYeHJJVpo/s1385/CKC.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="511" data-original-width="1385" height="236" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi-zxJ-5w6O2OJ_P3YGKBWF33c1qm56C-bdRISU4kH01U3K52PYeFEV0IpFGewO9VLz5Zgn2xbuau_IyRqsptUYLamvR91U5NuEak6yb5g_y_Hg3SbretOkZiql9gFCfW_0ge9SC2HMBQgao1u5vCUfXT1umUqSEAqbjeJ5r2_jWrrEWd94qHJYeHJJVpo/w640-h236/CKC.jpg" width="640" /></a></div><br /><div style="text-align: center;"><u><i>Source: Charter Keck Cramer</i></u></div><div><br /></div><div style="text-align: justify;">Unit prices will almost certainly need to rise before supply responds meaningfully, and interest rates will also need to fall. </div><div><br /></div><div><div>---</div><div><br /></div><div><p style="box-sizing: inherit; font-family: "Open Sans"; font-size: 18px; margin-bottom: 1rem; margin-top: 0px; text-align: justify;">P.S. 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