Empower Blog Current Interest Rates

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 Cash Rate Announcement: 2:20pm AEST Tuesday, 20th May 2025

The Reserve Bank of Australia’s next cash rate decision is fast approaching—and this one could be big.  With some of the Big Four banks already making preemptive rate cuts and economists calling for the RBA to act, many are asking: could this be the start of a new rate-cutting cycle?  Join Ben Kingsley and economist Evan Lucas ...

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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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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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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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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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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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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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RBA Mar 2024 | Are We Facing Challenges with Sticky Inflation?

Join us for the second RBA Rate Release of 2024 at Empower Wealth! Expert independent economist Evan Lucas and host Ben Kingsley are back to dissect the latest economic trends and data in this month’s episode.  In this instalment, we delve into the intricate world of economics, aiming to decode its complex signals and understand their im...

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RBA Feb 2024 | Shifting Tides: Exploring the Global Influence on Australia’s Economy in 2024

Welcome to the first RBA Rate Release for 2024 at Empower Wealth! This year, we're thrilled to announce a dynamic addition to our team – the insightful Evan Lucas, joining our host Ben Kingsley. Together, they promise to delve deeper into the economic landscape, providing you with an in-depth analysis that goes beyond the surface. Evan Lucas,...

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RBA Dec 2023 | Market Wrap and Property Trends in 2024

Note: Apologies for the technical glitch occurring at the 7-second and 5-minute marks of the video. Rest assured, our team is actively addressing this issue and working towards a swift resolution. Thank you for your understanding. Welcome to the concluding Economic and RBA report for the year! It's been a noteworthy year at the Reserve Bank of ...

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