Pete Wargent blogspot

CEO AllenWargent Property Buyers, & WargentAdvisory (institutional). 6 x finance author.

'Huge fan of your work. Very impressive!' - Scott Pape, The Barefoot Investor, Australia's #1 bestseller.

'Must-read, must-follow, one of the finest analysts in Australia' - Stephen Koukoulas, ex-Senior Economics Adviser to Prime Minister Gillard.

'One of Australia's brightest financial minds, must-follow for accurate & in-depth analysis' - David Scutt, Business Insider.

'I've been investing 40 years yet still learn new concepts from Pete; one of the finest young commentators' - Michael Yardney, Amazon #1 bestseller.

'The most knowledgeable person on Aussie real estate - loads of good data & charts...most comprehensive analyst I follow in Oz' - Jonathan Tepper, Variant Perception, 2 x NYT bestseller.

Tuesday, 15 December 2015

Monster NSW stamps windfall

The NSW government has swallowed an unprecedented $20 billion in stamp duty over the past three years, the latest stats from the Office of State Revenue show.


Combined with asset sale proceeds (Transgrid) the property boom cycle is set to deliver an enormous surplus, hundreds of millions of dollars above 2015-16 Budget forecasts. 

Sydney is forthwith set to benefit from the unleashing of a massive $70 billion infrastructure boom