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Pete Wargent Daily Blog

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Rents accelerated

Rents increased by 2.2 per cent in Australia's capital cities in the March 2026 quarter, with strong increases recorded in every city.

Rents in Perth and Brisbane rose by 6.7 per cent over the year respectively.

From Co...


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2-Sense podcast
This week on the podcast Chris and I took on the property downturn in Sydney and Melbourne and spit-balled a few scenarios.
Here's what we covered:

Sydney and Melbourne have finally lost...


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Record highs
They say that markets are forward-looking, and in that context the US S&P 500 stock market index bottomed on March 27 and has been rising practically ever since. 
The market powered on as the week progressed, recovering to hit three consecutive all-time highs, in doing so notching the best single month for the index since 2020 (up by more than ...

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Employment holds the line
Australia's civilian population increased by an estimated +1.84 per cent over the year to March 2026, according to the latest ABS labour force survey. 

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More trips Down Under
February was landmark month for short-term visitors into Australia, with 943,000 trips representing an increase of +19.7 per cent from last year.
And, notably, short-term arrivals are now +1.7 per cent higher than the equivalent pre-COVID level of February 2019. 
Thus after a long six years the recovery in visitor arrivals is now effect...

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