Empower Blog

6 Essential Lessons Everyone Should Know Before Their Fixed Loan Expires 

At Empower Wealth we are passionate about providing practical education that helps our community at every step of their financial journey. We want to ensure that no money is left on the table, and one of the biggest money pits we've found is the interest we pay on our mortgages. So in this video, Ben explains six lessons that every borrower sh...

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RBA Cash Rate August 2022: Inching Closer to a Neutral Cash Rate!

As we welcome in a new financial year, we welcome another not-so-surprising change. The Reserve Bank of Australia has once again lifted the cash rate by 50 basis points, bringing the official rate to 1.85%. This marks the most aggressive rate rise in a 3-month period since 1994 (If you’re wondering, back then the RBA lifted the cash rate by...

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RBA Cash Rate June 2022: Onwards & Upwards: How high will interest rates go?

The temperatures are dropping, the end of the financial year is nigh and the Reserve Bank of Australia has decided to lift cash rates for the second consecutive month.   The official cash rate has now been lifted by 50 basis points - the biggest rate hike in 22 years - and now sits at 0.85%. The question now remains: How high can we e...

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RBA Cash Rate April 2022: An Invasion, a Mandate and a Federal Budget… What does this mean for you?

Another month, another cash rate! A lot has been happening both internationally and domestically over the past month. The Russia-Ukraine war continues, the floods in QLD & NSW, the release of the Federal Budget 2022/23 and heaps more.   If you’re interested in understanding who the winners and losers of the Federal Budget 2022/2...

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RBA Cash Rate March 2022: When Will We Have The First Rate Rise?

There’s a lot happening in the world since Ben’s previous RBA update and unfortunately, there’s not a lot of great news out there from a geopolitical point of view. Here are the key themes for this month’s economic update: What does Russia's invasion of Ukraine mean for the global economy?When will the first rate rise be?How will the...

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RBA Cash Rate February 2022: Biggest Sure Bet Prediction for Property this year

It’s the first RBA Announcement of the year so there are lots to catch up on folks! The last update was exactly two months ago and a LOT has happened since then (take the inflation rate for example!) so tune in for some jam-packed economic update. Here are the key themes for this month’s economic update: The global Omicron wave of th...

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RBA Cash Rate December 2021: Has the Property Market Lost its Bullish Mojo?

It’s the final RBA Announcement for the year so there are lots to catch up on folks! The most important question is… are we finally seeing an end to the property market’s bullish mojo? Tune in to this episode where Ben unpacks that and three other key themes for this month’s economic update: Should we be preparing ourselves for th...

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The Top 5 Tax Planning Rules Every Property Investor Must Understand

Talking Property Tax with Julia Hartman: Episode 1 You can’t avoid it, so you might as well learn to understand it. Better still, the more you know about it, the more you can ‘work’ with it, instead of working against it. What are we talking about? Tax. Getting the right tax advice can result in vastly improved financ...

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RBA Cash Rate October 2021: Lending Standards To Change?

G'day. Ben Kingsley here with my October economic and RBA update. There's lots to explore with the key themes around how the pandemic is continuing to rule over sustained economic recovery for both the world economy and also our domestic economy. China's now on an economic watch. So, we'll talk more about that. And then finally, we'll round th...

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RBA Cash Rate September 2021: Australia’s Planned Recovery NOT So Predictable?

Good day everyone, I'm back with the update, the economic and RBA update for September 2021. It's been a while, but let's get into it. We're going to talk about the Delta disruptor. We're going to be looking ahead to the $64 million question about how consumers will respond once our two biggest economies open up? We're also going to see ...

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RBA Cash Rate May 2021:

Hi, Ben Kingsley here with the latest economic update and the RBA update for May. The verdict is well and truly in — when money is cheap, the world goes around faster. We're basically seeing that show up now. The other important news is around inflation – and we're going to see this word, “transitionary” as the new buzzword. The p...

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RBA Cash Rate April 2021: The Return of The Roaring 20’s!

Hi, Ben Kingsley here with the economic and RBA update for April, 2021. There's plenty of data and economic news in this month's announcement, but the three big takeaways I'll be covering are: Will we see a repeat of The Roaring 20’s!?! RBA stays on message Property is HOT! The RBA kept the cash rate at 1% and are in no rush to in...

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RBA Cash Rate February 2021: “Up, Up & Away” For The Aussie Property Market…?

Well, here we go again. It's February 2021 and it's time for another economic update. Now, I do these economic updates every month from February to December. My name is Ben Kingsley and I'm the Managing Director of Empower Wealth. And you're receiving this video presentation because you're an Empower Wealth customer. And so we're delighted to b...

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