Empower Blog Empower Wealth

RBA Cash Rate December 2021: Has the Property Market Lost its Bullish Mojo?

It’s the final RBA Announcement for the year so there are lots to catch up on folks! The most important question is… are we finally seeing an end to the property market’s bullish mojo? Tune in to this episode where Ben unpacks that and three other key themes for this month’s economic update: Should we be preparing ourselves for th...

Watch Video

RBA Cash Rate November 2021: Lending Standards To Change?

It’s Melbourne Cup RBA Cash Rate Day folks! In the past, the Reserve Bank of Australia tends to change the rate on race day. Did they change the cash rate as well this year? Most definitely NOT. They simply can’t afford to make any changes to the cash rate yet. Why? Tune in to find out more where Ben unpacks three key themes for this ...

Watch Video

RBA Cash Rate October 2021: Lending Standards To Change?

G'day. Ben Kingsley here with my October economic and RBA update. There's lots to explore with the key themes around how the pandemic is continuing to rule over sustained economic recovery for both the world economy and also our domestic economy. China's now on an economic watch. So, we'll talk more about that. And then finally, we'll round th...

Watch Video

RBA Cash Rate September 2021: Australia’s Planned Recovery NOT So Predictable?

Good day everyone, I'm back with the update, the economic and RBA update for September 2021. It's been a while, but let's get into it. We're going to talk about the Delta disruptor. We're going to be looking ahead to the $64 million question about how consumers will respond once our two biggest economies open up? We're also going to see ...

Watch Video

RBA Cash Rate June 2021: Inflation Risk – How Bad Is It?

Hello, and welcome to the June economic and RBA update. My themes for this month are: Settle down, people, settle down – there's too much commentary about the inflation risk story, so I want to go there. This month it's all about the positive business data as they join the economic party. And finally, well, we're back in lockdown fo...

Watch Video

RBA Cash Rate May 2021:

Hi, Ben Kingsley here with the latest economic update and the RBA update for May. The verdict is well and truly in — when money is cheap, the world goes around faster. We're basically seeing that show up now. The other important news is around inflation – and we're going to see this word, “transitionary” as the new buzzword. The p...

Watch Video

RBA Cash Rate April 2021: The Return of The Roaring 20’s!

Hi, Ben Kingsley here with the economic and RBA update for April, 2021. There's plenty of data and economic news in this month's announcement, but the three big takeaways I'll be covering are: Will we see a repeat of The Roaring 20’s!?! RBA stays on message Property is HOT! The RBA kept the cash rate at 1% and are in no rush to in...

Watch Video

RBA Cash Rate March 2021: Property Prices Break 17 Year Record!

Hi, Ben Kingsley here with the economic and RBA update for March, 2021. Lots going on. We are definitely seeing momentum building in the Australian and global economies. And that has seen a few bears poking their heads up in regards to the inflation and the risk of a spike in inflation around that. But the central bankers around the world aren't g...

Watch Video

RBA Cash Rate February 2021: “Up, Up & Away” For The Aussie Property Market…?

Well, here we go again. It's February 2021 and it's time for another economic update. Now, I do these economic updates every month from February to December. My name is Ben Kingsley and I'm the Managing Director of Empower Wealth. And you're receiving this video presentation because you're an Empower Wealth customer. And so we're delighted to b...

Watch Video

Merry Christmas and a Happy New Year from the Empower Wealth Team!

Hi everyone and Merry Christmas to all! In this year’s 2019 Christmas message, I wanted to focus on a theme around financial peace. I mean, the year has been challenging for some —a bit of economic uncertainty, a bit of job uncertainty — but the bright spot in the second half of the year has definitely been the property market. And that hopef...

Watch Video

RBA Cash Rate October 2019: Third Time Lucky?

Today Governor Lowe and the Reserve Board met for the first Tuesday of October and they've cut the cash rate.   Now, 75% of economists believed that this was going to be the case.  If you were listening to some of the commentary last week from Governor Phillip Lowe around his concerns in the market, it was pretty clear that he was signall...

Watch Video

RBA Cash Rate September 2019

G'day and welcome to September and on the first Tuesday of this month Governor Lowe and the RBA Board met and they kept the cash rate on hold at 1%. Now, some punters might have been thinking, “Well are we going another 25% lower?”, but really most economist believe that's going to be next month. So I suspect the board decided not to spook t...

Watch Video

RBA Cash Rate August 2019: Is it Time to FIX Your Rate?

Today Governor Lowe and the Reserve Board met and they kept the cash rate on hold at 1%. Now that's obviously on the back off two rate cuts that we sold in June and July, which took the cash rate down to 1%. So the consensus is that we needed to see some time to see what impact those two particular rate cuts have had in terms of confidence, sentime...

Watch Video