updated 06/07/2012 AT 7:00 AM ET
•originally published 06/07/2012 AT 9:45 AM ET
“Billy Ray loves Liam. He’s happy his daughter has found the right guy,” one source says, adding that Hemsworth has spent a lot of time with her family, barbecuing together. “The whole family loves Liam.”
Cyrus’s mom Tish is also said to be “excited” by the news.
Likewise, Hemsworth’s family in Australia has gotten to know Cyrus through their visits, and is happy for them. “They spend Christmas and other holidays together. They’ve been down to Australia,” says a source.