Industry updates

RATE ANNOUNCEMENT

Reserve Bank Board: Monetary Policy Decision
The Board decided to lower the cash rate target by 25 basis points to 3.85 per cent.

20 May 2025 |  rba.gov.au

GOVERNMENT POLICY

Homes for Australia: Election promises
The Commonwealth Government announced during the 2025 election campaign that it will:
- Expand access to 5% deposits to all first homebuyers.
- Deliver smaller mortgages for first homebuyers. 

3 May 2025  |  alp.org.au

RATE ANNOUNCEMENT

Reserve Bank Board: Monetary Policy Decision
The Board decided to leave the cash rate target unchanged at 4.10 per cent and the interest rate paid on Exchange Settlement balances at 4 per cent.

1 April 2025  |  rba.gov.au

INDUSTRY REPORT

The Value of Mortgage and Finance Broking 2025 Report
The peak body for the mortgage and finance broking industry has released groundbreaking research detailing the substantial contribution that brokers make to the Australian economy.

13 March 2025 |  mfaa.org.au

RATE ANNOUNCEMENT

Reserve Bank Board: Monetary Policy Decision
The Board decided to lower the cash rate target to 4.10 per cent and the interest rate paid on Exchange Settlement balances to 4 per cent.

18 February 2025  |  rba.gov.au

GOVERNMENT POLICY

The Home Guarantee Scheme
The Home Guarantee Scheme is an Australian Government initiative to support eligible home buyers to buy a home sooner. The Scheme is administered by Housing Australia on behalf of the Australian Government.

The Scheme includes three types of Guarantees:
- First Home Guarantee
- Regional First Home Buyer Guarantee
- Family Home Guarantee 

1 July 2024  |  housingaustralia.com.au