Page 3 - Mark Haron News Today

Mortgage holders brace for further repayment pain as the November cash rate has jumped to 2. 85 per cent. Borrowers can expect even further home and investment property loan repayment increases soon

The central bank has increased the cash rate for the sixth month in a row. The Reserve Bank of Australia (RBA) has delivered a 25-bp rate rise today (4 October). The official cash rate is now 2.60 p

As Mike Felton commences his last month as MFAA CEO, aggregator heads have been paying homage to his legacy. Following on the news that Mike Felton is to retire next month and step down as chief exec

A range of industry figures has welcomed this year’s budget and its measures to encourage small and medium-sized enterprises.

The mortgage broking industry is reeling after a judgment against the country’s biggest aggregator could change ownership from Macquarie to Liberty Financial.

Brokers under the major aggregator settled a record $75 billion in home loans last year, up 44 per cent, the group has revealed.  

The central bank has refused to budge from its inflation target range and time frame to raise rates while acknowledging that less accommodative monetary policy could curb house price and credit growth.

More Victorian rental properties will receive a 50 per cent land tax discount following the state government’s expansion of its building incentive scheme. The Victorian state government has expande

Calming down the Australian property market will require pre-emptive but delicate action from the regulators, an executive director from Connective has said.  

Broking industry reaction to the Budget subscribe A A Several members of the broking industry have welcomed the federal budget’s measures for home ownership, but some have noted they will not curb the pace of house price growth. On Tuesday evening (11 May), the federal budget for 2021-22 was handed down, outlining a range of steps to support home ownership and help small businesses recover from the coronavirus pandemic. The main home ownership initiatives, such as the new Family Home Guarante...