Empower Blog Politics

RBA Rate Decision – July 2016

Wow, to be a fly on the wall at the latest RBA Board Meeting. It would be fascinating as the conversation would have move to the political uncertainty that we currently got in federal politics. Really important to understand that this 'circus' that is happening in Canberra and this new structure of our government, the lower house and the upper hous...

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What you need to know about Labor’s Negative Gearing policy?

Hello, Ben Kingsley here, CEO and Founder of Empower Wealth. You're receiving this special email on Negative Gearing because you either are a subscriber or a client in our business. Now tomorrow is Election Day where we get to pick the next Federal Government that is going to lead us for the next three years. But beyond that, it's going to be hopef...

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RBA Rate Decision – July 2015

Today the Governor and the Board met and kept the cash rate at 2%. We saw changes in February and also in May of this year and now again, the Governor and the Board is basically just waiting to see what happens. The biggest news story at the moment is obviously the Greece story and they have default on their loan. In last weekend they have...

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RBA Rate Decision – October 2014

Hello, the Reserve Board met today and kept interest rates on hold. Well anticipated that they were going to remain on hold and it's certainly a view that they are going to stay lower for longer. That's being about installing confidence into the market place for business to start doing more lending. In the last 4 weeks, there have been some big thi...

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RBA Rate Decision – September 2014

As widely anticipated, the Reserve Bank of Australia (RBA) kept interest rates on hold for another month at 2.5% and this is following Glenn Stevens's commentary to the government last month, around where he saw the cash rate and where he saw the general economy. From a cash rate point of view the take out of that meeting and from his commentary wa...

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RBA Rate Decision – May 2014

Hello, Ben Kingsley here and today the RBA met and release their cash right decision. As anticipated by many, the cash rate was kept on hold at 2.5 percent. In this month I want to talk to you about the big pending discussions which is dominating the financial sector at the moment and that is the budget. Next Tuesday night's budget and what that me...

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