Mortgage broking articles & tips

(LIVE) RBA Cash Rate Announcement: 2:00pm AEDT Tuesday, 10th Dec 2024

The Reserve Bank of Australia’s latest cash rate decision is almost here! Join co-hosts Ben Kingsley and Evan Lucas LIVE at 2:00pm AEDT on Tuesday, 10th December, as they deliver in-depth analysis and real-time updates.  What To Expect Our live session will provide a detailed breakdown of the RBA’s announcement, focusing on: ...

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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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How We Saved $4 Million in Interest for Our Clients 

Discover How We Achieved Our Most Significant Client Savings Yet  Paying off a mortgage is one of the largest and longest investments on the path to financial freedom. Yet, between work, family, and life, few have the time to constantly check the market for better lending deals.  At Empower Wealth, our broking team takes on this cr...

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RBA August 2024 | Why Australia is OUT of Cycle with the Rest of the World

In this video covering the fifth RBA Cash Rate Announcement of 2024, our hosts Ben Kingsley and Evan Lucas dive into the RBA’s latest decision and explore the most recent economic data from Australia and around the world.  Join us as we unpack key topics such as GDP growth, inflation, unemployment, consumer and business confidence, ...

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Success in Broking: Growth Strategies & When to Start Succession Planning

In the ever-evolving world of mortgage broking, understanding growth strategies and knowing when to think about succession planning are essential for brokers who want to build and sustain successful businesses. Recently, Sam Boer, Business Development Director at Empower Wealth, joined Jason Back from Broker Essentials in a webinar to share his in...

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RBA June 2024 | Australia Faces Slowest GDP Growth in Decades

In this video covering the fourth RBA Cash Rate Announcement of 2024, our hosts Ben Kingsley and Evan Lucas comment on the RBA’s decision, as well as explore the latest economic updates from Australia and around the world.  Delve into the numbers and explore key topics such as inflation, interest rates, consumer confidence, business cond...

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Selling Your Mortgage Broking Business? Follow These 7 Steps

Ask any Mortgage Broker what their business is worth, and most will quote a multiple of trial as the value of the business they have spent years of their life building. Usually, this multiple is two to four times the annual trail paid on the outstanding loan book, net of clawbacks. When probed about this valuation, they often respond, “I ...

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RBA May 2024 | The Inflation Psychology Story

Welcome to the third RBA Rate Release of 2024 with our hosts Ben Kingsley and Evan Lucas!   In a time when economic indicators sway like leaves in the wind, staying informed is vital. Here's a sneak peek into what Ben & Evan will be discussing in today’s episode:  RBA’s Interest Rate Decision  Find out all ab...

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