Articles by 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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We can expect interest-only (IO) lending to increase over the year ahead as investors come back into the market. Despite this, with more and more IO loans continuing to expire the stock of IO loans outstanding continues to decline. By March 2021 only 14 per cent of the outstanding housing loan stock by value was…

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Personal credit growth was extremely low over the year to March 2021, at -11.7 per cent, as consumers took advantage of stimulus payments and record low interest rates to clear debts. Credit growth across the economy slumped to an extremely low level at just 1 per cent year-on-year. Annual credit growth has only been lower…

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There’s been a bit of idle social media talk about lending standards, which overall remain relatively tight. There has been a modest increase in the market share of higher LVR loans, driven by the success of the First Home Loan Deposit Scheme (FHLDS), but overall lending is far tighter than it used to be (with…

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Home Lending surges CoreLogic reported that housing prices rose in October, and the latest lending figures suggest there’s more to come. Investor lending rose another 5 per cent in September, but remains modest overall. But homebuyers are driving the rebound, with owner-occupier lending rising to historical highs, excluding refinancing. First homebuyer numbers understandably fell in…

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Without always knowing it, property investors are pre-programmed with a range of biases which may cause them to interpret information incorrectly and thus undertake sub-optimal investment decisions. Let’s discuss 9 of the key biases that Australian property investors must overcome… 1. Hindsight bias How many know-it-all commentators now confidently proclaim that the financial crisis and…

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Unlike in previous global downturns this time around policy responses have been both swift and enormous, including in Australia.  Australia has seen a significant expansion of the central bank’s balance sheet, a rapid move lower for interest and mortgage rates, a raft of stimulus measures which have driven a substantial Budget deficit, and early access…

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