Empower Blog

Where will the ‘Smart Investors Money’ go in 2009?

The Stock Market is shaky with both the ASX and NYSE pushing below 15 and 12 year lows respectively, as I write my comment piece this month. The low cash rate correlates to reduced bank interest returns for money invested in Term Deposits or Savings Accounts. The same goes for Government bonds. The media continues to talk up the doom & gloom...

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RBA Rates Decision – March 2009

Today the RBA announced it will keep interest rates on hold for the month of march @ 3.25% In these interesting times it has only taken the RBA since September 2008 to drop the cash rate by 4.5%, when in the last tightening cycle it took them just under 6 years to raise the cash rates 3%, so maybe such a dramatic reduction to date is allowing th...

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The Year Ahead…

February is the start of the mid-year reporting season for Publicly Listed Companies, so it promises to be an interesting month regarding stock price movements and overall market sentiment for 2009. It’s fair to say that given the market has retreated by around 40% from its highs of 2007, some analysts have been quoted that they believe the re...

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RBA Rates Decision – February 2009

Following its first board meeting of the year, the Reserve Bank has slashed interest rates by 1 full basis point bringing the cash rate down to just 3.25% This is the 4th consecutive cut since September last year bringing the cash rate down a total of 3.75 basis points in just 5 months – the most dramatic drop in history. Let’s wait and s...

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