Empower Blog Property & Financial Investment

The Art of Investing in Volatile Markets

With the turbulent state of today’s markets, it’s no surprise that there’s been a lot of noise around the future of Australia's market and what it means for investors. With many conflicting trends and numbers, and a lack of clarity around the origins of Australia's inflation, it’s hard to know what remedy is needed from the Reserve Bank...

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Goldilocks days are over: VanEck’s Q4 Summary

Please Note: This report was created and provided by VanEck. The halcyon days of Goldilocks are well and truly over for markets and they now resemble an aimless vagabond. Investors are deep in the inflation era. The question is, how deep? Are we up to our knees, our waist or our necks? And is the depth subsiding? Central banks around the wor...

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RBA Cash Rate October 2022: How To Stop Inflation Psychology!

Overnight Update: This video was filmed & produced before the UK's mini-budget was scrapped. The RBA Monthly Update doesn’t get much bigger than this.   The Reserve Bank of Australia has once again lifted interest rates, property market sentiment is shifting fast, and despite all, Australia’s retail spending remains at record hi...

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How To Protect Your Personal Data

An Empower Wealth Data Security Update There are more resources, tools, and devices connected to the Internet than ever before. While there are great benefits to accessing digital information quickly and easily via the internet, this also means an increased risk of unauthorised access to personal data. At Empower Wealth, we take data securit...

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Highlights from the FY22 Reporting Season: Will Australia Avoid A Recession?

Note: This information is provided by Ausbil Investment Management Limited, an Australian-based investment manager.  Key Observations of Reporting Season Context FY22 reporting season comes after a period of extraordinary events. The invasion of Ukraine by Russia towards the end of the HY22 reporting season in February had a profound eff...

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Your Ultimate Guide To Reducing Tax on Vehicles, Private Insurance & Land

Talking Property Tax with Julia Hartman: Episode 3 IMPORTANT NOTE: This recording was filmed and produced before Queensland's Land Tax was scrapped. With a number of policy changes on the cards, in our third episode of “Talking Property Tax with Julia Hartman,” Ben and Julia cover... Salary Sacrificing For Cars: How do Salary Sac...

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RBA Cash Rate September 2022: From Trough to Peak: How Bad Is Today’s Market?

Across the globe, the inflation story continues to unfold and trade tensions between Russia and the Eurozone simmer. We see oil prices and energy suppliers shifting which leaves the question: How will it impact Australia?  Back home the Reserve Bank of Australia has lifted rates for the fifth consecutive month by 50 basis points, bringing ...

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6 Essential Lessons Everyone Should Know Before Their Fixed Loan Expires 

At Empower Wealth we are passionate about providing practical education that helps our community at every step of their financial journey. We want to ensure that no money is left on the table, and one of the biggest money pits we've found is the interest we pay on our mortgages. So in this video, Ben explains six lessons that every borrower sh...

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New Changes to Queensland’s Land Tax: How Will it Affect You? 

The Revenue Legislation Amendment Bill 2022 was recently introduced following the announcement of land tax reforms in the 2021-22 Queensland State Budget Update.  The changes will apply to Queensland land tax assessments in the 2023-24 financial year.  Regardless of the relative merits and arguments supporting (or challenging) this ch...

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RBA Cash Rate August 2022: Inching Closer to a Neutral Cash Rate!

As we welcome in a new financial year, we welcome another not-so-surprising change. The Reserve Bank of Australia has once again lifted the cash rate by 50 basis points, bringing the official rate to 1.85%. This marks the most aggressive rate rise in a 3-month period since 1994 (If you’re wondering, back then the RBA lifted the cash rate by...

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Everything you Need to Know about Crypto Tax 

Other than in the very rare circumstances where crypto is just purchased to buy a personal asset, any gain or loss you make on crypto is subject to tax. So don’t forget to bring your details with you when you do your tax return. The Australian Taxation Office (ATO) are right onto data matching your transactions we are already seeing the sal...

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Meet Trixly Andrada

Trixly is one of our fantastic Paraplanners here at Empower Wealth! He is a Certified Financial Planner and holds a Bachelors Degree in Commerce, majoring in Accounting and a Diploma in Financial Planning. Transcript How did you get started in the financial planning industry? Hi, my name is Trixley Andrada and I'm a Paraplanner for Empo...

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The Family Home Guarantee Scheme

Note: This article is an extract from MLC.  If you’re a single parent with dependents, you may be eligible to purchase a home with as little as a 2% deposit via the Family Home Guarantee Scheme. How does it work? You usually need to save a deposit of 20% if you want to borrow to buy a home without needing to pay lenders mortgage ins...

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