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In case you missed it this week (ending 10 June)

by Kate Aubrey9 minute read

Discover some of the top news stories impacting the mortgages space in this weekly wrap-up.

You can read the full stories here: 

Mortgage Choice CEO confirmed amid REA overhaul

REA Group has commenced a group-wide restructure, with leadership changes including the chief of major brokerage Mortgage Choice. 

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RBA rolls out bumper cash rate rise

The Reserve Bank has come out swinging against surging inflation, with industry players now watching for impacts from a larger-than-expected rise to the cash rate.

Demand for agri loans soars ahead, data reveals

Lending to Australian agribusiness has increased by almost a third over the past year as businesses seek new opportunities post-pandemic, according to the latest banking data.

Brokers optimistic despite economic uncertainty 

Almost 80 per cent of mortgage brokers expect the volume of loan applications to increase amid economic uncertainty, a broker survey finds.

ASIC releases estimated levy costs for 2021-22

The regulator is calling for feedback for its industry levies, which it estimates will be slightly down on last year’s costs.

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