Pete Wargent blogspot

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

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

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

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

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

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

Monday, 20 June 2016

Passengers

Sydney Airport (ASX: SYD) just released its May 2016 Traffic Performance figures to the securities exchange:

Source: ASX (SYD)

Reported the company:

"Chinese nationals increased by nearly 10,000 and were the largest foreign contributor of incremental passengers."

Huge numbers once again.

As I looked at in more detail here, this could just be the beginning once the new student visa rules kick in from 1 July.