Perks Chartered Accountants
Financial Alert
 

Interest Rate Update.

Perks Finance can assist with all your finance requirements. Please do not hesitate to contact us to discuss your finance options and obtain the most competitive quotes from our panel of lenders.

Indicative Interest Rates available through Perks Finance are:

Equipment & Motor Vehicle Finance 1
Chattel Mortgage, Hire Purchase, Lease

9.9%2

Business Loans 3
Fixed 1 year 9.35%
Fixed 2 years 9.25%
Fixed 3 years 9.15%
Fixed 4 years 9.15%
Fixed 5 years 9.10%
Fixed 10 years 9.80%
Variable 9.19%
Overdrafts 9.24%

Home Loans 4
Comparison Rate
12 months Introductory Variable 8.34% 9.43%
Standard Variable 8.74% 8.75%
Line of Credit 8.79%
Fixed Rates:
1 year 9.19% 8.90%
3 years 9.15% 9.46%
5 years 8.95% 8.85%
Low Doc Variable 8.74%

Interest Rates for Business Loans secured in full or part by commercial security are calculated by the bank or financier based on your individual circumstances.

Please contact Perks Finance for a personalised quote.

  1. Rates are dependent on term, balloon, type and age of equipment.
  2. Rate based on $50,000 new vehicle over 5 years with nil balloon.
  3. Fully secured by residential security. Other rates available upon request.
  4. Comparison rates based on $250,000 over 25 years. Comparison rates are available upon request or from the office of Perks Finance Pty Ltd.

Terms, conditions, rates and charges apply to all lending products.

Phil Wigley
Director
pwigley@perks.com.au
Phil Wigley

First Home Buyer Assistance

A new $4,000 first home bonus grant for first home purchases valued up to $400,000 will replace the current stamp duty concession scheme. The new grant will be phased out for first home purchases valued between $400,000 and $450,000.

The $4,000 grant will be in addition to the $7,000 First Home Owners Grant. Eligibility conditions for the first home bonus grant will be the same as those applying for the First Home Owners Grant.

The replacement of the first homeowner stamp duty concession with the first home bonus grant will apply to first home contracts entered into on or after 5 June 2008.

For more information please contact Perks Finance today on 08 8273 9300 or email our team to arrange a quote.

 

Finance Review and Audit.

If you are not sure you are obtaining the best possible deal from your existing bank, we would be pleased to assess your current banking arrangements. We can either find an alternate financier for you, or negotiate on your behalf to get a better deal from your existing bank.

Official Cash Rate.

Australia 7.25%
United States 2.00%
England 5.00%
New Zealand 8.25%

Australia.

  • Building Approvals for private sector houses rose 1.3% in April 2008.
  • Housing Finance for Owner Occupation decreased by 3.3% in April 2008 compared with March 2008.
  • The Unemployment Rate remained steady at 4.3% in May 2008

United States.

  • CPI increased 0.6% in May 2008.
  • The Unemployment Rate for May 2008 increased to 5.5%.

England.

  • The volume of retail sales in the three months to April 2008 was 4.8% higher than the same period a year ago.
  • The Halifax House Price Index fell by 2.4% in May 2008.

New Zealand.

  • Residential building consents in April 2008 were 12% higher than in April 2007.
  • Total retail sales increased 1.0% for April 2008 compared with March 2008.

Contact Perks

Adelaide
247 Fullarton Road
Eastwood SA 5063
T: (08) 8273 9300
F: (08) 8274 1466
Web: perks.com.au

Victor Harbor
163 Hindmarsh Road
Victor Harbor SA 5211
T: (08) 8552 3711
F: (08) 8552 3771

Darwin
59 Smith Street
Darwin NT 0800
T: (08) 8941 8600
F: (08) 8941 9600

Alice Springs
73 Hartley Street
Alice Springs NT 0870
T: (08) 8953 4400
F: (08) 8953 4599

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