Articles by Pete Wargent

Pete Wargent

Pete is a Chartered Accountant, Chartered Secretary and has a Financial Planning Diploma. Using a long term approach to building businesses, investing in equities, & owning a portfolio he achieved financial independence at the age of 33. Visit his blog


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My wife hails from a farming family, and has always been conscious of the need to survive the lean years which agriculture tends to throw up periodically. Growing up on the farm, there were some years where the inclement British weather didn’t allow for a productive harvest, bringing on acute cashflow concerns. But crop shortages…

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It’s been a tough time for bank margins locally, with interest rates falling all around the world. But it was good to see lower home arrears reported in Commonwealth Bank’s FY 2019 result. Although there were pockets of stress evident in Western Australia and the Northern Territory, overall delinquencies remained low and ticked down to…

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The credit squeeze has stymied the Aussie economy to the brink of a recession – at least in per capita terms – and that’s in spite of booming commodity prices. There was zero business credit growth in May, and the measure turned negative in June. This helped to take annual credit growth sharply down to…

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Like many getting-a-bit-long-in-the-tooth Sydneysiders, I’ve increasingly been having recurring daydreams about selling a place at Bondi or in the inner west and trading it for a mansion at Maroochydore (or sometimes it’s a mooring at Mooloolaba). Probably about once a fortnight I have these fantasises, on average, I reckon. And then reality bites. I wake…

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Net overseas migration into Australia picked up right across the board in 2018, but especially into Queensland and New South Wales. This was driven by fewer overseas departures rather than more arrivals. Annual overseas migration has temporarily been higher than this before, in 2008-9, but nevertheless it was a thumping rate of growth for calendar…

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Despite the natural desire to break down the housing market into soundbites and neat changes in median prices, sub-markets remain just as fractured and diverse as they ever were. Population growth tends to be a political hot potato, but while the headlines have quietened lately, the ballooning Australia headcount has slowed barely at all, and…

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How do you choose a great property team around you? A fair few years have been swept under the bridge now since I studied Business Management, but with quite a bit of real world experience under my belt I thought it might be an opportune time to look at how you might go about building…

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There seems to be increasing evidence to suggest that women are better at…well, just about everything, really. In 2011, author Dan Abrams released a book under the title: “Man Down: Proof Beyond a Reasonable Doubt That Women Are Better Cops, Drivers, Gamblers, Spies, World Leaders, Beer Tasters, Hedge Fund Managers, and Just About Everything Else.”…