Articles by Pete Wargent

Pete Wargent

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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One of the big accounting firms got my goat recently when it released house price growth forecasts by capital city out until the end of the year 2021, predicted to one decimal place. Even if you could predict the future of housing markets beyond a decimal point – which you can’t – what does a percentage…

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Later in the year I’ll be speaking at a banking conference, partly on the subject of household debt. Human nature dictates that readers feel drawn to commentary on the subject tending towards the binary: it’s either a complete disaster set to collapse in a heap, or “she’ll be right, mate”. First a quick look at…

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When asked about his greatest errors in investing, Warren Buffett could have given a number of responses.  Famously he made a number of investments over the years which just didn’t work out as he’d planned. Sometimes this was due to acquiring businesses (or management teams) that he was unable to turn around, and on other…

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 Housing finance was again crunched too hard. Some commentary speaks of investors voluntarily pulling back, but this hasn’t been my experience at all – most industry practitioners appear to have people queuing up to borrow and invest, but credit won’t be extended on tighter regulation and criteria. The trend for monthly housing finance was down…

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I’ve been consistent on this point  – often wrong, but never in doubt! Taxes in the Australian Capital Territory (ACT) are far too high for landlords to invest there en masse, which will lead to a rental shortage as the population steadily grows. There are a lot of ‘well, in theory…’ type comments made about this point,…

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Are Australia going to age gracefully, or is it all a pyramid scheme? I saw an interesting article via Twitter by John Mauldin about the US ageing crisis this week, Pyramids of Crisis, which showed that by the year 2050 some 22 per cent of resident Americans would be aged over 65. I was (am) chronically jet-lagged,…