Pete Wargent blogspot

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

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

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

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

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

'Superlative work' - Grant Williams, founder RealVision.

Monday, 23 February 2015

Shares close to 7 year highs

The XJO has added around 5.7 percent in 2015, pushing the index close to a 7 year high.

Today the ASX 200 added 26.5 points or 0.45 percent.


Investors were cheered by a Greek bailout deal extension.

It seems likely that the first quarter will therefore see strong gains recorded for Australian household wealth.

In the property markets auction clearance rates in Sydney and now Brisbane are close to record highs, suggesting price gains in those markets, although some other markets appear to be softening.