Mortgage broking articles & tips

Why Some Banks Are Already Cutting Rates

In recent weeks, several Australian banks have proactively reduced their mortgage interest rates—even before the Reserve Bank of Australia’s (RBA) official cash rate announcement, scheduled for 20 May 2025. These cuts are a strong signal that lenders are anticipating a shift in monetary policy and are moving early to remain competitive. Rec...

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(LIVE) RBA May 2025 | One Cut Down… How Low Will Rates Go?

The RBA has officially cut the cash rate by 25 basis points—and for the first time in over a year, we’re seeing meaningful rate relief reach borrowers. NAB was first to act, with all Big Four banks passing on the cut in full within an hour of the announcement.  But with multiple more cuts predicted for the remainder of 2025… how low ...

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(Replay) Succession Planning 101 for Mortgage Brokers

As a mortgage broker, you’ve worked hard to build a solid book of clients, strong relationships, and consistent trail income. But have you ever stopped to ask — what is your trail book actually worth? And what’s the best way to sell it when the time comes? Whether you’re thinking about stepping away completely, scaling back, or just fut...

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(LIVE) RBA Apr 2025 | “Tariff-ying” Times: How Trump’s Policies Could Affect Australia 

What’s behind the Reserve Bank of Australia’s latest cash rate decision—and what global forces are weighing heavily on the boardroom table?  In this month’s RBA Update, Ben Kingsley and Evan Lucas unpack the key economic signals, inflation data, and one particularly big wildcard: Donald Trump’s return and his proposed “Liberati...

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(LIVE) RBA Feb 2025 | Rate Cut CONFIRMED! Mortgage Holders Rejoice 

RBA Cuts Interest Rates The Reserve Bank of Australia (RBA) has officially cut interest rates, marking the first rate reduction in years. With inflation cooling and mortgage stress rising, this move was widely expected by economists and market analysts.  Join Ben Kingsley and Evan Lucas as they break down the decision and its impact on ...

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Reflecting on 2024: A Christmas Message from Ben

As the year draws to a close, it’s the perfect time to reflect on the achievements and milestones of 2024. Ben Kingsley, Managing Director of Empower Wealth, shares his heartfelt Christmas message, highlighting what has been an extraordinary year for our clients, our businesses, and our community. Empowering Clients, One Milestone at a Time ...

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RBA Dec 2024 | Trump 2.0: A New Chapter for Australia and Global Economies?

It’s the final RBA Cash Rate Announcement of 2024!   Join hosts Ben Kingsley and Evan Lucas as they delve into the Reserve Bank of Australia’s latest decision and analyse recent economic data shaping Australia and the world.  Key highlights:  RBA’s Cash Rate Announcement Find out all about the Reserve Bank ...

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RBA Nov 2024 | Our Predictions Clash: When Will Rates Drop?

It’s the penultimate RBA Cash Rate Announcement of 2024, and our hosts Ben Kingsley and Evan Lucas are back once again – speaking to the RBA’s latest decision and exploring the most recent economic data from Australia and around the world.  Join us as we unpack the usual key topics such as GDP, inflation, unemployment, consumer and b...

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900th “5 stars” Google Review AND more!

At Empower Wealth, we’re all about helping Australians take control of their finances and build a better future and this month, we’re excited to share some incredible milestones that show the impact of this journey!! NPS and Google Reviews Getting a high Net Promoter Score (NPS) is no small task. In fact, most banks, insurers, and wealth...

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Interest Rate Cuts are coming in 2025 – what to do before the rush

In this important update, I want to share our thinking about what’s likely to happen to interest rates over the next 3 to 6 months. Between Now and Christmas: Mortgage Holders Although the economy is slowing and inflation is tracking towards the RBA’s 2-3% target range, there won’t be enough evidence or time for core inflation to b...

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Empower Wealth Wins Wealth Advisory of the Year 2024!

We are thrilled to announce that Empower Wealth has been honoured with the prestigious Wealth Advisory of the Year Award – Australia 2024 by Pan Finance, an internationally renowned platform that recognises excellence in the financial industry. This award stands as a significant milestone in our journey. Not only does it reflect the growth we...

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RBA September 2024 | Can We Expect a Rate Cut This Side of Christmas?

The sixth RBA Cash Rate Announcement of 2024 is here!   Join hosts Ben Kingsley and Evan Lucas as they dive into the RBA’s latest decision and explore recent economic data from Australia and around the world.  Key Highlights:  RBA’s Cash Rate Announcement Find out all about the Reserve Bank of Australia’s latest cas...

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Securing Your Legacy – A Guide to Business Succession Planning

In the fast-paced mortgage broking industry, planning for the future is just as crucial as achieving success today. Whether you’re aiming to grow, merge, or step back from your business, a well-thought-out succession plan ensures you protect what you’ve built and safeguard your clients' best interests. In a recent webinar hosted by Mr. Mentor,...

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