Start Here  
Book your free
appointment

RBA Cash Rate July 2019: Twice in a Row?

Today Governor Lowe and the Reserve Board met and they changed the cash rate for the second consecutive month, dropping the cash rate down by another 25 basis points. This is reasonably well-signaled, even though some economists still thought that the RBA may wait until August. So, what is their agenda? Well, if you look at the minutes — and ...

Watch Video

RBA Cash Rate Decision – May 2019

At the May board meeting, Governor Lowe and the Reserve Board — well, I would have loved to have been a fly on the wall here because I'm sure this would have been a serious consideration—  but they kept the cash rate on hold. That's right. For the 34th consecutive month, the cash rate is going to remain on hold. Now, does that mean that we...

Watch Video

The Property Couch Chat with Paul Clitheroe

  We usually don't repost the episodes in our podcast, The Property Couch, but our 200th Episode is a milestone! And for our milestone, we got a legendary Money Guru that changed a lot of Australian households back in the 90s. Yes, we are talking about none other than Paul Clitheroe! As the host of the show Money on the Nine Networ...

Read More

RBA Cash Rate Decision – November 2018

On this Melbourne Cup Tuesday, Reserve Governor Lowe and the board met and they've kept the cash rate on hold for another month. Really, what we're seeing here is no new stories — inflation is just non-existent. The September CPI data came in at 0.4% increase, which took the annual rate to 2%. Now, the market was expecting a 0.5% increase so w...

Watch Video

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...

Watch Video

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...

Watch Video

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...

Watch Video

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...

Watch Video
Connect with Empower Wealth:
Get in the know - Subscribe to our Newsletter