The latest injury statistics are a stark reminder that accidents can happen anywhere, but are less likely to happen at work, making it critically important to hold comprehensive life insurance including income protection. Income protection insurance provides invaluable financial protection against disability as a result of sickness or injury by paying a regular benefit to replace lost income if a person is unable to work. It can offer superior coverage to Workers’ Compensation because it is designed to pay a benefit even if the sickness or injury happens at work, the home or elsewhere (subjec ..read more

Please Note: This report was created and provided by VanEck. After a few years where monetary policy around the world was more or less in sync, 2024 looks different with some central banks about to go their separate ways. China continues to ease, albeit reluctantly. The US Fed and central banks across Europe sound increasingly hot to trot on cuts. Locally, the RBA is currently sitting on its hands, albeit nervously. After a decade of Quantitative and Qualitative Monetary Easing (QQE), that is, throwing everything including the kitchen sink at the economy, the Bank of Japan (BoJ) has raised rat ..read more

Sarah is a key member of Empower Wealth’s Financial Planning Administration team. From her background in superannuation to her role at Empower Wealth, Sarah shares how she forms meaningful relationships with clients, ensuring they feel confident in their decisions and helping them towards their financial goals. Transcript My name is Sarah, I’m part of the Financial Planning Administration team, which means that I take clients through implementation and maintaining their accounts with us. How did you get started in the Financial Planning Industry? Originally, I started off in superannuation. I ..read more

Join us for the second RBA Rate Release of 2024 at Empower Wealth! Expert independent economist Evan Lucas and host Ben Kingsley are back to dissect the latest economic trends and data in this month’s episode.  In this instalment, we delve into the intricate world of economics, aiming to decode its complex signals and understand their implications. Here’s a sneak peek into what Ben & Evan will be discussing:  Sticky Inflation in the US: Explore the phenomenon of inflation and its persistence in the US economy.  Deep Dive into December GDP Quarter Numbers: Analyse the recent ..read more

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 market is the turnaround from a cooling market in late 2023, where supply was increasing, and demand levels were waning, with the exception being the Perth market and pockets of Adelaide and SE Queensland.  Several developing factors are now in play ..read more

We are thrilled to share some remarkable achievements by our dedicated Mortgage Broking Team at Empower Wealth. These milestones not only reflect our commitment to excellence but also highlight the positive impact we’ve had on our clients’ financial journeys. Saving Big for Our Clients: Every year, our team sets an “Interest Saved” target. This might be a bit unorthodox compared to our peers, but we really want to help our clients save more interest, particularly in the rates environment that we’re in. So, how is this “Interest Saved” target defined? We calculate interest saved only on the lo ..read more

Welcome to the first RBA Rate Release for 2024 at Empower Wealth! This year, we’re thrilled to announce a dynamic addition to our team – the insightful Evan Lucas, joining our host Ben Kingsley. Together, they promise to delve deeper into the economic landscape, providing you with an in-depth analysis that goes beyond the surface. Evan Lucas, an independent expert economist and author of the best-selling book “Mind Over Money: Why understanding your money behaviour will improve your financial freedom,” brings a wealth of experience as a market strategist and a passionate investor. Buckle up as ..read more

On your last flight, did you give a moment’s thought to the “aileron flaps” that the pilot uses to ensure the plane landed safely? If you’re like most people, you probably didn’t think about them at all! The wings maybe, the window strength, perhaps. But not the aileron flaps… HOWEVER, despite how critical they are, we take them for granted, even though without them, the pilot wouldn’t be able to land the plane. They allow the pilot to make the necessary adjustments to tailor each landing to the unique conditions they face for every airstrip. Simply put, they are the part of the wing that allo ..read more

Please Note: This report was created and provided by VanEck. 2023 was a year of multiplicity. We’ve seemingly experienced central banks swinging, depending on your interpretation, back and forth between tightening to loosening all year. The peaks and depths of the US 10-year government bond yields swung between 5.02% (October 2023 high) and 3.25% (April 2023 low) to be above 3.93% at the time of writing. These are big swings in a short time. We’ve also experienced AI booms, geopolitical ructions and the continued reversal of globalisation. There has been a shift in the new world order. No long ..read more

Let’s get down to basics! In this short 90-seconds video, Ben briefly explains why superannuation is so important in Australia and the connection between Self-Funded Superannuation Fund (SMSF) and Property. It’s important to remember, though, that while the video shares helpful information, it’s not telling you to invest in a SMSF. Everyone’s situation is different, so please get qualified and tailored professional advice before you make any investment decisions. Let’s break down the basics of superannuation and make understanding it a breeze. Enjoy watching! Transcript: Let’s go back to the v ..read more