Pete Wargent blogspot

Co-founder & CEO of AllenWargent property buyer's agents, offices in Brisbane (Riverside) & Sydney (Martin Place), and CEO of WargentAdvisory (providing subscription analysis, reports & services to institutional clients).

4 x finance/investment author - 'Get a Financial Grip: a simple plan for financial freedom’ (2012) rated Top 10 finance books by Money Magazine & Dymocks.

"Unfortunately so much commentary is self-serving or sensationalist. Pete Wargent shines through with his clear, sober & dispassionate analysis of the housing market, which is so valuable. Pete drills into the facts & unlocks the details that others gloss over in their rush to get a headline. On housing Pete is a must read, must follow - he is one of the better property analysts in Australia" - Stephen Koukoulas, MD of Market Economics, former Senior Economics Adviser to Prime Minister Gillard.

"Pete Wargent is one of Australia's brightest financial minds - a must-follow for articulate, accurate & in-depth analysis." - David Scutt, Business Insider, leading Australian market analyst.

"I've been investing for over 40 years & read nearly every investment book ever written yet I still learned new concepts in his books. Pete Wargent is one of Australia's finest young financial commentators." - Michael Yardney, Australia's leading property expert, Amazon #1 best-selling author.

"The most knowledgeable person on Aussie real estate markets - Pete's work is great, loads of good data and charts, the most comprehensive analyst I follow in Australia. If you follow Australia, follow Pete Wargent" - Jonathan Tepper, Variant Perception, Global Macroeconomic Research, and author of the New York Times bestsellers 'End Game' and 'Code Red'.

"Pete's daily analysis is unputdownable" - Dr. Chris Caton, Chief Economist, BT Financial.

Sunday, 23 April 2017

Weekend reads - must see articles of the week

Summarised for you here at Property Update (or click the image below).

Property Update was recently listed by feedspot as the top property blog worldwide.


By the way, if you want to come and see me speak at Gold Coast, register your interest here.

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A hugely important release is due out on Wednesday this week, being the Consumer Price Index (CPI) or inflation figures for the first quarter of calendar year 2017.

Core inflation has been tracking at below the Reserve Bank's 2 to 3 per cent target range, and the September inflation result was clearly soft as consumers benefited from discounts. 

However, the forecast range for CPI this quarter is quite wide. 

Generally the market expects to see another relatively subdued result, but there are rising fuel prices and potentially energy bills and/or pharmaceutical costs that combined with the seasonal factor could see a higher than expected result. 

March is normally a soft quarter for inflation, so the statistician adjusts for the seasonality.

The figures will have important implications for the trajectory of interest rates.