Empower Blog Interest Rates

Property Market Update – Positive Start to 2024

As part of the Empower Wealth community, I wanted to share with you my initial thoughts on the property market in 2024.   Based on indications from our team on the ground and the initial data we are collecting, the property market in 2024 has begun stronger than initially expected.  What is interesting about this shift in the ...

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3 Crucial Tips Before Selling Your Property!

Are the increasing interest rates making you ponder selling your property? You're not alone! BUT Hold onto Your Property!Before you make that significant decision, take a look at this brief video to ensure you've thoroughly thought through these 3 essential must-dos! Should you be in search of experienced and qualified advisors, we're here t...

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Why Now is NOT The Time to Sell Your Property

We've been catching wind of investors offloading their properties lately. With the surge in interest rates, it's entirely understandable. However, are there alternative avenues for you? Watch this short video to discover the happenings during past crises and why holding on to your property might be a wise move to steer clear of potential f...

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Australian Housing Market Update July 2023

Are you feeling overwhelmed by all the challenges we're currently facing? We get it - interest rates, mortgage repayments, the fixed rate cliff, and the rising costs of living can be tough to handle. Not to mention the struggles with property building groups and the rental crisis. It's a lot to take in! But wait, before you get too caught up i...

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Mortgage Prison Update! Find out how you may be able to escape the trap.

Are you trapped in a mortgage prison, unable to refinance due to high serviceability assessment rates? We have an important market update that could change everything! Join Ben as he reveals the game-changing exemption policy released by one of the major banks. In this short video, you'll learn how this policy may be able to help you break fre...

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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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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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What is Negative Gearing and Why It’s NOT a Strategy?

This video is part of our Negative Gearing video series. You're currently watching Video 1. Video 2: Labor's Negative Gearing Policy Blunders (Part 1) - Watch here Video 3: Labor's Negative Gearing Policy Blunders (Part 2) - Watch here   Transcript: Hello, Ben Kingsley here. There's a lot of discussion and debate around property at...

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RBA Cash Rate Decision – December 2018

On this first Tuesday of December the Reserve Governor and the Board met as we enter the festive season, and they kept the cash rate on hold at 1.5%. I will come back to what's happening in the domestic economy, but first of all I want to talk more broadly about what's happening in the global economy. Most namely the biggest story of the last six...

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The Art of Money Management

Hi, Ben Kingsley here. In this How To Session, I want to talk to you about the art of money management. Some might argue that it's a science but, for me, it's definitely an art. There's no scientific aspect to it, but there are some rules that you need to follow. Most of us have attempted to use a budget before — a very typical or standard budge...

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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...

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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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