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RBA Cash Rate Decision – October 2018

On this first Tuesday in October, the RBA Board met and, really, the challenge was, “What could they do?” They did very little — probably sipped a bit of tea because there's nothing more for them to do with the cash rate. And this may be the case for several years to come. Now, why is that? Especially considering that the GDP numbers in Ju...

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RBA Cash Rate Decision – September 2018

Today, the Reserved Governor and the Board met and they kept the cash rate on hold at 1.5% for the first month of spring. There's obviously been a lot happening over the course of the last month. We now have a new prime minister — ScoMo as we like to refer to him — so, Scott Morrison takes over from Malcolm Turnbull. Now, the economy, lik...

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The Story Behind The Numbers

At Empower Wealth, we are truly lucky to work with many different clients from various aspects of life. And the thing we love most is... each and everyone that we've worked with has an inspiring story behind them. Because at the end of the day, we work with real people, real money and real properties. And we build real Plans based on real drea...

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RBA Cash Rate Decision – August 2018

The Reserve Bank Board of Australia met, and they’ve kept the cash rate on hold for another month. We haven't seen a cash rate movement since August of 2016.   Now, on the positive side, we actually saw growth as good — growth is actually going alright. So, that's positive. Business confidence and business investments are actually...

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5 Property Tips on the Today Show!

Peter Stefanovic: Property prices across the country are dropping at their fastest rate since 2012. Allison Langdon: It's transformed the market, giving the power to buyers for the first time in years. Peter: But if you're looking to jump into the market right now there is a big warning to proceed with caution. So joining us with some expert ...

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RBA Cash Rate Decision – July 2018

As we start the new financial year, the Reserve Board met today and, as wildly anticipated, they rinsed and repeated, keeping the cash rate on hold at 1.5%. Now, even though the cash rate is on hold, I believe that what we’re going to see over the course of the next few months — subject to what happens in the Royal Commission — is banks li...

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