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Articles by Pete Wargent

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Pete Wargent is a Chartered Accountant, Chartered Secretary and has a Financial Planning Diploma. He’s achieved financial freedom at the age of 33 - as detailed in his book ‘Get a Financial Grip – A Simple Plan for Financial Freedom’. Pete now manages his investment portfolio, travels and works as a consultant in the finance industry from time to time. Visit his blog


Sydney: stand by for full employment
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Sydney: stand by for full employment

There has been quite a bit of discussion about Sydney’s building boom of late, very little of it highlighting any positives. Such is life, but here’s the plus side for Sydney’s economy: New South Wales now has more job vacancies than any state has ever had in Australia’s history. Not all of the newly created…

Jobs explosion shatters forecasts
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Jobs explosion shatters forecasts

Employment growth shattered expectations with an 11th consecutive monthly gain, tearing up by +54,200 in August, including another +40,100 surge in full-time employment. It’s a case of choose your favourite statistic here: more than quarter a million jobs created in six months would have to be one of the most impressive, while annual full-time employment…

The Melbourne property market correction is nowhere to be seen
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The Melbourne property market correction is nowhere to be seen

There have been many predictions of a Melbourne property crash over the past decade. The crash was variously to be triggered by Baby Boomers retiring, China, falling iron ore prices, the mining cliff, spiralling bank funding costs, slowing population growth, apartment oversupply, budget deficits, the loss of the AAA-rating, rising unemployment, higher interest rates, the…