Empower Financial https://empowerfinancial.com.au/ Tue, 26 Aug 2025 14:06:07 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.3 https://empowerfinancial.com.au/wp-content/uploads/2023/02/cropped-icon-32x32.png Empower Financial https://empowerfinancial.com.au/ 32 32 RBA Cuts Cash Rate to 3.60% – What It Means for You https://empowerfinancial.com.au/914-2/ Sun, 17 Aug 2025 07:06:59 +0000 https://empowerfinancial.com.au/?p=914 The post RBA Cuts Cash Rate to 3.60% – What It Means for You appeared first on Empower Financial.

]]> RBA Holds Cash Rate Steady in July: What It Means for You https://empowerfinancial.com.au/cash-rate-steady-in-july/ Mon, 07 Jul 2025 14:03:19 +0000 https://empowerfinancial.com.au/?p=973 The post RBA Holds Cash Rate Steady in July: What It Means for You appeared first on Empower Financial.

]]> Financial Hardship Arrangements: What Every Homeowner Should Know https://empowerfinancial.com.au/financial-hardship-arrangements-what-every-homeowner-should-know/ Tue, 03 Jun 2025 13:53:18 +0000 https://empowerfinancial.com.au/?p=965 The Reserve Bank’s recent rate cuts have given some welcome relief, but many Australian households are still doing it tough. In fact, ASIC reported in June 2024 that nearly half of adults with debt (47%) struggled to make repayments over the previous year. Cost-of-living pressures, reduced incomes and unexpected expenses have stretched family budgets to the limit.

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]]> Upside & Downside of Buying VS Renting https://empowerfinancial.com.au/upside-downside-of-buying-vs-renting/ Fri, 16 Aug 2024 08:20:58 +0000 https://empowerfinancial.com.au/?p=851 To buy or rent? It’s a dilemma many of us have faced at some point or another. Without advice or guidance, we might never dip our toes into the property market. But to help you make that decision, we have weighed up some of the pros and cons of buying versus renting.

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]]> Is It Time To Refinance https://empowerfinancial.com.au/is-it-time-to-refinance/ https://empowerfinancial.com.au/is-it-time-to-refinance/#respond Fri, 16 Aug 2024 04:05:36 +0000 https://empowerfinancial.com.au/?p=837 Refinancing is a financial strategy that allows individuals to replace an existing loan with a new loan, often under different terms. It may be a beneficial consideration for managing your finances and can be particularly beneficial in certain situations.

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]]> https://empowerfinancial.com.au/is-it-time-to-refinance/feed/ 0 Building Financial Resilience https://empowerfinancial.com.au/building-financial-resilience/ https://empowerfinancial.com.au/building-financial-resilience/#respond Thu, 15 Aug 2024 08:39:59 +0000 https://empowerfinancial.com.au/?p=812 In today's ever changing environment it is essential to be prepared for the unforeseen while also being ready to seize opportunities when they arise.

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]]> https://empowerfinancial.com.au/building-financial-resilience/feed/ 0 Online or Neobank: Convenience Could Cost You! https://empowerfinancial.com.au/online-or-neobank-convenience-could-cost-you/ https://empowerfinancial.com.au/online-or-neobank-convenience-could-cost-you/#respond Tue, 13 Aug 2024 11:26:59 +0000 https://empowerfinancial.com.au/?p=827 As if choosing a property isn’t hard enough, there is also the added challenge of selecting the right lender and home loan from the vast number of options available.
Whether it is your first home, upgraded next home, investment property or a refinance, deciding where to finance your home loan can be a tough decision – and rightly so.

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]]> https://empowerfinancial.com.au/online-or-neobank-convenience-could-cost-you/feed/ 0 The Interest Rate Waiting Game https://empowerfinancial.com.au/the-interest-rate-waiting-game/ https://empowerfinancial.com.au/the-interest-rate-waiting-game/#respond Thu, 08 Aug 2024 09:00:13 +0000 https://empowerfinancial.com.au/?p=797 Is delaying your property purchase in hopes of a lower interest rate a risky gamble?

With economists not expecting rate drops until next
year, waiting for lower interest rates and potential
housing price reductions may be tempting. However
delaying your purchase could be a more costly
gamble.

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]]> https://empowerfinancial.com.au/the-interest-rate-waiting-game/feed/ 0 Top 10 Budgeting Apps Used In Australia https://empowerfinancial.com.au/802-2/ https://empowerfinancial.com.au/802-2/#respond Fri, 02 Aug 2024 09:26:07 +0000 https://empowerfinancial.com.au/?p=802 How many finance transactions do YOU make in a year?
Over the past few years ꟷ not surprisingly ꟷ electronic transactions have experienced significant growth as society has shifted away from cash.

As reported by the Reserve Bank, in the past decade the average number of electronic transactions made by Australians has surged from 300 to 650 per year . That means most Aussies are tapping away, on average, just under twice a day.

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]]> https://empowerfinancial.com.au/802-2/feed/ 0 Impact of Stage 3 Tax Cuts https://empowerfinancial.com.au/stage-3-tax-cuts/ Tue, 30 Jul 2024 09:18:11 +0000 https://empowerfinancial.com.au/?p=719 Impact of stage 3 tax cut

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