Mortgage broking articles & tips

RBA Cash Rate March 2021: Property Prices Break 17 Year Record!

Hi, Ben Kingsley here with the economic and RBA update for March, 2021. Lots going on. We are definitely seeing momentum building in the Australian and global economies. And that has seen a few bears poking their heads up in regards to the inflation and the risk of a spike in inflation around that. But the central bankers around the world aren't g...

Watch Video

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...

Watch Video

Merry Christmas & What A Year!

Good day, Ben Kingsley here with my annual Christmas message. I do this every year to our valued Empower Wealth clients and I just wanted to share an important message in what has been certainly one of the most interesting and challenging years that we will never forget. I want to focus in on a theme around having a plan because we did see when...

Watch Video

RBA Cash Rate December 2020: The Big Turn Around!?!

Today, Governor Lowe and the reserve board met for the last time in 2020, and it's been an interesting year, and they did keep the cash rate on hold, and did no tweaking to the current buying program that they've got in place. They've done pretty much all of their heavy lifting, so the focus for this economic update is going to be more around s...

Watch Video

RBA Cash Rate November 2020: New Record-Low Cash Rate Announced!

The RBA has met and A NEW Record-Low Cash Rate Has Been Announced! This means that for the 11th time since 1990, November is the month the RBA has pulled the trigger… That’s right. At their board meeting today, Governor Lowe and the board dropped the Cash Rate to 0.1%! So the next question is… will the bank pass on the full rate cut...

Watch Video

RBA Cash Rate October 2020: An Economy on The Mend?

In this October RBA and economic update which we shared to our Empower Wealth and The Property Coach Communities, my theme mainly is going to be about an improving economic story and also the other big news around an improving housing story. So let's get straight into it. The RBA Governor and the Board met today and they kept the Cash Rate on hold...

Watch Video

RBA Cash Rate September 2020: Have we reached a Turning Point in the Property Market?

It’s the first Tuesday of the month, which means the RBA Board has met and announced the September cash rate! This video features September's cash rate update, and because it's also the first day of Spring, Ben is also giving you a special update on what's happening to property markets in the developed world now that their economies are openi...

Watch Video

RBA Cash Rate August 2020: The Second Wave is Here — Will The Stimulus Be Enough To Steer Us Away From The Cliff?

Today, Governor Lowe and the Reserve Board met and yes, of course, they kept the cash rate on hold at a record low 0.25%. Obviously, there's going to be some further updates later in the week when they release their statement of monetary policy, but right now, today's going to be all about the economic update and having a look around. We've got...

Watch Video

RBA Cash Rate July 2020: Victoria’s Lockdown Slows The Speed Of Recovery & The Air Is Colder Up High

Today Governor Lowe and the reserve board met and they kept the cash rate on hold. Now the good news story here has been in some of the language that's been coming out from Governor Lowe and also the board in regards to how positive they have felt, and how optimistic they are about where we sit.   Now, they had three obvious...

Watch Video

RBA Cash Rate June 2020: Swaying on the edge of an economic and property cliff?

Today, Governor Lowe and the Reserve Board met and they kept the cash rate on hold, which as we all know, they will be for the time being. It has been an interesting couple of months. We've obviously gone through March and April with a lot of uncertainty, a lot of unknowns around what was happening. And that caused a lot of pessimism and fear i...

Watch Video

RBA Cash Rate May 2020: The Three Critical Themes Unfolding In The Economy Right Now — And How They Impact Property Prices!

Today Governor Lowe and the Reserve board met, and they kept the cash rate on hold at 0.25%, so nothing to see there. What I wanted to highlight in regards to some of the activity from the RBA, we did get an update in the middle of May, in terms of how their stimulus package and monetary package they introduced in March is going to work. So, a ...

Watch Video

RBA Cash Rate April 2020: The Coronavirus Lockdown, An Australian Recession And What This Will Mean For The World Economy

Governor Lowe and the Reserve Board met today and they kept the cash rate on hold. But we all know that, right? Because the cash rate is going to remain at 0.25 until such time as we reach unemployment levels of 4.5% and also inflation within that 2 – 3 bandwidth. Now, Governor Lowe and the board are basically saying this could take up to ...

Watch Video

COVID-19 and What to Expect in Australia’s Property Market

(Note: Click here to log in to MyWealth Portal) Hi, Ben Kingsley here, Managing Director of Empower Wealth and I want to give you a quick update in terms of what's happening in the property market right now. Now we all know that we've been impacted currently and also our future movements will be impacted by the Coronavirus. But what's int...

Watch Video