Pete Wargent blogspot

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

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

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

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

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

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

Tuesday, 8 November 2016

Consumer confidence +3.7pts

Consumer confidence was up 3.2 per cent for the week.

This moved the 4-week average up just a notch to 115.83, well ahead of the monthly average since 1990 of 112.8. 


The rebound was driven by a sharp 7.8 per cent increase in household views towards economic conditions, thanks to "the solid performance of the domestic economy".

That said, the US election outcome might have a say in how this series tracks over the next week or two...lol.

The full report from ANZ-Roy Morgan can be found here