Empower Wealth Videos

RBA June 2024 | Australia Faces Slowest GDP Growth in Decades
It’s the fourth RBA Cash Rate Announcement of 2024 with your hosts, Ben Kingsley and Evan Lucas! Was the RBA’s decision a surprise? Get the latest on today's hot topics: 📉 Australia's GDP Slowdown: GDP growth hits its lowest since the early '90s recession, but population growth is keeping us out of a technical recession. 💼 Tight Employment Market: Demand for workers is high, with record numbers juggling multiple jobs, though household savings are on the decline. 🏡 Property Market Trends: New loan commitments for owner-occupier and investment properties are up. Check out Ben’s analysis on land tax and rental yields across the different states. Tune in now! 🔊 #EmpowerWealth #RBAupdate #EconomicInsights #RBARateRelease #CashRateAnnouncement TIME STAMPS World Economy 01:14 – US Economic Update 12:06 – China Economic Update 13:29 – Europe Economic Update Australian Economy 22:09 – GDP 25:13 – Household Savings 27:53 – Immigration Story 31:56 – Inflation 39:29 – RBA’s Interest Rate Decision 41:45 – Unemployment 43:17 – Employment & Hours Worked 47:27 – Multiple Job Holders 49:23 – Retail Sales 51:11 – Business Confidence Australian Property Market Update 53:24 – Housing Finance 56:05 – CoreLogic Hedonic Home Values Index 56:51 – Analysis of Land Tax & Rental Yield Per State 01:03:54 – Summary

Slash Your HECS Debt Faster Than Ever Before! - Tax Planning Tips for 2024
Delve into the recent changes announced by the Labour government concerning higher education debts, commonly known as HECS abd find out how these changes impact on you and what you can do to pay your HECS down as quickly and effectively as possible! Disclaimer: Please consult a qualified and experienced Tax Accountant before making any financial decisions. And of course, here's more info from our Fact Sheet regarding HECS Debt. You can also download it for free at at: https://empowerwealth.com.au/blog/talking-tax-may2024/ ------ *Pay what you can off your HECS before 1st June 2024* This is not a means of shifting taxable income from 2024 into 2025, this is all about avoiding the inflation uplift if you have the cash to spare and no loans with an interest rate of more than 4.7% where the money could be put to better use. It is listed first here because it requires urgent action before 1st June, 2024. Each year at 1st June your HECS and similar debts are indexed for inflation. Last year the uplift was 7.1%, this year it is expected to be between 4.2% and 4.7%. This is a whole year’s uplift in one day. The HECS your employer deducts from your pay does not reduce your HECS debt until your tax return is lodged, so it will not reduce your debt as at 1st June 2024. If this is your last year of paying HECS and you can find the funds to pay off the debt at the end May then you will save yourself up to 4.7%. When you do your tax return in July all the employer deductions will be refunded. Note on the 5th May 2024 the government announced that the uplift factor would now be the lower of the Consumer Price Index (CPI) or the Wage Price Index (WPI). Even better news is this is going to be backdated to 1st June 2023 which means the 2023 uplift will be reduced from 7.1% down to 3.2%. For the 1st June 2024 uplift, the WPI is likely to be around 4.2% and CPI around 4.7%. ---- This snippet is from our Talking Property Tax episode with guest

RBA May 2024 | The Inflation Psychology Story
It’s the third RBA Cash Rate Announcement of 2024, with your hosts Ben Kingsley and Evan Lucas! Was the RBA’s decision what you were expecting? Stay ahead of the economic curve with today's hot topics: 💹 Australia's Inflation Challenges: Q1 2024's inflation rate is lingering at 3.6%, above the RBA's comfort zone of 2-3%. 🏠 Property Market Dynamics: Property prices continue to climb! Explore market resilience and future investment potential. 💭 Inflation Psychology: Ever felt the urge to “buy now before prices go higher”? Unravel this self-fulfilling prophecy. Tune in now for Ben & Evan’s insights! 🔊 #EmpowerWealth #RBAupdate #EconomicInsights #RBARateRelease #CashRateAnnouncement

RBA Mar 2024 | Are We Facing Challenges with Sticky Inflation?
The RBA has announced their latest Interest Rate Decision! Was it what you were expecting? Join Ben and Evan in this month’s RBA Cash Rate Announcement video! 📈 From dissecting sticky inflation in the US to the potential shake-up in Japan's interest rates after more than 15 years, they’ll be covering all the hot topics. But that's not all – Ben & Evan also bring you insights into Australia's economic outlook and predictions, including what the RBA's decision today will mean for you and your finances. 🎙 Stay tuned for their expert analysis and predictions! #EmpowerWealth #RBAupdate #EconomicInsights #RBARateRelease #CashRateAnnouncement

🏆 We're thrilled to announce that Empower Wealth has earned a well-deserved spot in The Adviser Top 25 Brokerage (2024) rankings! 🌟 Amidst fierce competition from aggregators, commercial loan writers and other brokerage with 100+ brokers, our dedicated team has proven that quality and commitment triumph over quantity. This recognition is a testament to our unwavering dedication to providing the highest level of care and guidance. It's not just about numbers; it's about the meaningful impact we make on our team's growth and, more importantly, on our clients' property journeys. A heartfelt thank you to our amazing team for their hard work and passion, and to our clients for trusting us every step of the way. We're proud to share this achievement with you all! #EmpowerWealth #Top25Brokerage #PropertySuccess #AwardWinningTeam #MortgageBrokerMelbourne #GratefulJourney

"I sort of went and say... Whoa whoa whoa! What's wrong with the way we're doing things?" Tune in to find out how this couple finds out the projections over their life and work out when they want to retire. ---- Watch more inspiring stories here 👉 https://empowerwealth.com.au/testimonials/ Book a Free Appointment with us today 👉 https://empowerwealth.com.au/request-free-consultation/ Find out more about the Property Portfolio Plan here 👉 https://empowerwealth.com.au/our-property-portfolio-plan/

"I struggled to get the equity out of the property because I had such a high LVR. So with Thomas at Empower, he helped me find options. That helped me get the equity out from my first property to go towards the second one." More Inspiring Stories Here 👉 https://empowerwealth.com.au/testimonials/ Learn more about our Free Initial Consultation Here 👉 https://empowerwealth.com.au/request-free-consultation/

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

Have you ever been stung by a spruiker? 😳 Like accepting a great land and house package…only to find out you’ve been taken for a ride? Sadly, this is exactly what happened to Mark. Discover how he stopped overpaying for bad advice and found his ideal third and final property – with ¼ of the stress. And if you want to hear more stories from clients like Mark who’ve taken action and are reaping the rewards today, visit >> https://empowerwealth.com.au/testimonials/ Or if you’d ready to start seeing results like this for yourself, book in a FREE, no-obligation consultation now! >> https://empowerwealth.com.au/free-appointment/ #EmpowerWealth #DreamHome #FinancialFreedom #ClientJourney #EmpowerWealthSuccess #PropertyGoals #WealthBuilding #AchieveYourDreams #ClientTestimonial #SmartInvesting #EmpowerYourFuture

Ready to experience a financial journey that's all about YOU? Here’s a sneak peek of the team at Empower Wealth, where our dedication to your success is unmatched. It's not just about numbers; it's about real people and real stories. In this video, hear from Adit, Bede, and Anthony as they share their Empower Wealth experiences. Discover why our unique approach, blending finance, property, tax, and money management, sets us apart. Our dedication to Customer Experience starts from making sure we recruit the right talent and diversity fuels our strength. Our teams collaborate to ensure your success, offering expert and independent advice every step of the way. We're not just about financial knowledge; we're about how it all fits together. Join a community that values your growth and supports your journey. Ready to empower your financial future? Claim your FREE, no-obligation initial consultation with our A-team here 👉https://empowerwealth.com.au/request-free-consultation/ #EmpowerYourFuture #EmpowerWealth #PropertyInvesting #Australia #FinancialSuccess #ClientJourney #EmpowerWealthExperience"

Have you ever dreamed of wanting something but stopped because you THOUGHT you wouldn’t be able to achieve it? That’s what happened to Leah - they thought they couldn't afford to buy in a nice area and were considering alternatives. BUT once they reviewed their numbers in more detail with us, they realized that that dream was not so far-fetched after all. A heartfelt thank you to Leah for sharing her incredible journey with us! 🏡 Your decision to go ahead with your dream, guided by our team, was a game-changer. And if you want to hear more stories from clients like Leah who’ve taken action and are reaping the rewards today, visit >> https://empowerwealth.com.au/testimonials/ Or if you’d ready to start seeing results like this for yourself, book a FREE, no-obligation consultation now! >> https://empowerwealth.com.au/free-appointment/ #EmpowerWealth #DreamHome #FinancialFreedom #ClientJourney #EmpowerWealthSuccess #PropertyGoals #WealthBuilding #AchieveYourDreams #ClientTestimonial #SmartInvesting #EmpowerYourFuture

When COVID hit, Mark and Lauren knew they would be facing reduced work hours, or worse, losing a job. In his anxiety, Mark flicked on our podcast, (@The Property Couch), and went for a walk. What he discovered on that walk would help him and Lauren excel through the pandemic and into a wealthier tomorrow… Keen to hear more? Visit https://empowerwealth.com.au/testimonials/ Or if you’d ready to take action like Mark, book a free, no-obligation consultation today! >> https://empowerwealth.com.au/free-appointment/ #propertyinvesting #investmentproperty #moneymanagement #householdbudgeting #buyersagency #interestrates #mortgagebroking #capitalgainstax #propertyportfolio #EmpowerWealth

RBA Dec 2023 | Market Wrap Up and Property Trends in 2024
It's time for the grand finale of our Economic and RBA report for the year! This video features Ben’s update on the last cash rate for 2023, as well as a few important messages: 👉 Has the US wrapped up its Interest Rate tightening cycle? 👉 RBA Governor Michelle Bullock debunking inflation myths – it's time for some truth bombs! 👉 A deep dive into the 2023 Property Market Wrap Up and the ten Macro forces shaping 2024! And we've also shared a couple of short videos on Selling Your Property! 🏠 Why Now Is NOT the time to sell: https://bit.ly/3sZMC6F 🏠 Three things to consider before selling your property: https://bit.ly/3sSlyX2 🎙 Tune in now for more! Time Stamps: World Economic Update Segment: 00:00 - Introduction 01:03 - US Data: Inflation and Interest Rates 05:51 - US Data: Labor Market 06:55 - US Data: Consumer Data 09:32 - US Data: Business Data 11:28 - US Data: Services PMI Data 13:09 - US Property Market 14:39 - Summary of US Economy 17:01 - China Data: Inflation 19:08 - China Data: Employment Story 19:27 - China Data: Retail Sales 20:49 - China Data: Business Data 22:19 - Summary of China's Economy 23:26 - Eurozone Data: GDP 24:26 - Eurozone Data: Inflation 25:52 - Eurozone Data: Employment 27:14 - Eurozone Data: Consumer Data 27:59 - Eurozone Data: Business Confidence Data 28:45 - Summary of Eurozone Economy Australian Economy Segment 29:59 - Inflation through the eye of Michele Bullock 37:46 - RBA December 2023 Cash Rate! 41:46 - Employment and Unemployment 44:12 - Consumer Sentiment and Retail Sales 46:49 - Business Confidence and Conditions Australian Property Market Update 51:03 – Housing Credit Data 52:25 - CoreLogic Data 53:52 - Australia Property Market 2023 Wrap 01:03:41 – Short Video Series – Selling your Property 01:04:31 – Property Trend in 2024 - Macro Factors Affecting Supply and Demand

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! https://empowerwealth.com.au/blog/3-crucial-tips-before-selling-property/ p.s. Should you be in search of experienced and qualified advisors, we're here to assist! Empower Wealth extends an offer for a Free and No-Obligation Initial Consultation, allowing you to undergo a Finance Review without incurring any charges. Find out more at https://empowerwealth.com.au/request-free-consultation/ p.p.s. And if you're uncertain about whether your cash flow will sustain you, explore MoneySTRETCH on Moorr 👉 www.moorr.com.au/moneystretch #propertyinvesting #investmentproperty #moneymanagement #householdbudgeting #financialreview #interestrates #mortgagebroking #capitalgainstax #propertyportfolio #ThePropertyCouch

Meet Adam and this is HIS Story!
"I was happy every step along the way." 🚶⛰️🥾 As a holistic advisory, we're focused on helping you at EVERY stage of your journey. Whether you're doing it to leave a legacy for your kids, to plan your future or just have confidence on your journey, we're here for you. Book your free, no-obligation consultation with our team of qualified and experienced advisors today >> https://empowerwealth.com.au/request-free-consultation/ #empowerwealth #investors #successstories #planningforthefuture #investingjourney

RBA Nov 2023 | Inflation – Material Enough?
It’s the first Tuesday of the month, which means the RBA Board has met and announced the official cash rate! This video features Ben’s update on the latest cash rate, as well as a few important messages: 👉 RBA's November Board Meeting: All eyes on the Reserve Bank of Australia (RBA) to see if the September inflation data sparks the 13th cash rate hike in this upward cycle. 👉 Inflation Talks: Let's get passionate about the inflation discussion. 👉 Property Market Check: We've got the latest scoop on the property market. 🎙 Tune in now for more! 👉 And here are all the time stamps! World Economic Update Segment: 1:11 – United States Economic Update 9:07 – China Economic Update Summary 14:12 – Europe Economic Update Summary 16:08 – ECB Interest Rate Call Australian Economy Segment 19:47 – RBA October 2023 Cash Rate! 21:17 – Review on the National Accounts Data 24:20 – Inflation Story 27:09 – Labor Force Data 29:05 – Consumer Sentiment 29:59 – Australia Consumer Spending Story 31:07 – Australia Business Data Story Property Market Update 35:52 – The Australian Property Data Story 40:34 – Capital Cities Property Listings in the last 12 months 43:26 – Ben’s message on Behavioral Economic Lesson

Are you ready to embark on a journey that's about more than just financial success? Join us at Empower Wealth, where our commitment to clients and the team is unmatched. Our focus is on real people, not just numbers. In this video, you'll hear the stories of those who have found their calling at Empower Wealth. Our unique approach integrates finance, property, tax and money management and it's not possible without our team of A-graders! Our diverse teams actively collaborate to ensure success, providing expert and independent advice every step of the way. We're not just about financial knowledge; we're about how it all fits together. At Empower Wealth, you'll be part of a community that values continuous learning and supports each other's growth. If you've ever felt like a small cog in a big machine, you'll love the difference here. We're a team, a community, and we care about your success as much as you do. So, if you're passionate about helping people and looking for more than just a job, Empower Wealth is the place to be. Join us and discover how you can make a meaningful impact. Empower your future. Join us today 👉https://empowerwealth.com.au/career-with-us/

RBA Oct 2023 | To Stick or Slip? Inflation Trend, Property Supply, and an Overlooked Lesson
It’s the first Tuesday of the month, which means the RBA Board has met and announced the official cash rate! This video features Ben’s update on the latest cash rate, as well as a few important messages: 👉 Inflation chat: Just a phase or here to stay? 👉 Property talk: What's really up with the market supply? 👉 Wrapping with a must-know: That big "aha" moment in behavioral economics affecting inflation and investments. How'd we overlook this one? 🤔 🎙 Tune in now for more! 👉 https://bit.ly/46dYUqa And here are all the time stamps! World Economic Update Segment: 1:11 – United States Economic Update 9:07 – China Economic Update Summary 14:12 – Europe Economic Update Summary 16:08 – ECB Interest Rate Call Australian Economy Segment 19:47 – RBA October 2023 Cash Rate! 21:17 – Review on the National Accounts Data 24:20 – Inflation Story 27:09 – Labor Force Data 29:05 – Consumer Sentiment 29:59 – Australia Consumer Spending Story 31:07 – Australia Business Data Story Property Market Update 35:52 – The Australian Property Data Story 40:34 – Capital Cities Property Listings in the last 12 months 43:26 – Ben’s message on Behavioral Economic Lesson

"I was expecting, a nicely framed print and he ended up presenting the Sistine Chapel." Tune in to find out how Matt & Emma realised that they can work on their life goals simultaneously without impacting the family's usual routine. ---- Watch more inspiring stories here 👉 https://empowerwealth.com.au/testimonials/ Find out more about the Property Portfolio Plan here 👉 https://empowerwealth.com.au/our-property-portfolio-plan/ Or if you’d ready to take action like Matt & Emma, book in a FREE, no-obligation consultation now! >> https://empowerwealth.com.au/free-appointment/ #InspiringStories #LifeGoals #FamilyBalance #EmpowerWealth #SuccessJourney #PropertyPortfolio #FinancialPlanning #DreamsRealized #FreeConsultation #AchieveTogether #Australia