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Broking industry reaction to the Budget
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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 Guarantee, had been announced ahead of the budget release, which the MFAA and several lenders have already welcomed.
Following the full budget being issued last night, more members of the broking industry issued their thoughts on the spending package.
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MOF assures of conducive market conditions amid MCO 14 Jan 2021 / 18:19 H.
KUALA LUMPUR: The government and its related agencies will facilitate and ensure market conditions remain conducive and orderly following the imposition of various forms of Movement Control Order (MCO) to curb the spread of Covid-19, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.
He noted that multiple sectors of the economy and the financial ecosystem would remain open and the supply of essential goods would be sufficient, as key manufacturing and services sectors, as well as their supply chains, were allowed to operate in accordance with the stipulated standard operating procedures.