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:
 

Home Loans 4
		Comparison Rate
12 months Introductory Variable	4.66%	5.78%
36 months Introductory Variable	4.85%	5.51%
Standard Variable	5.09%	5.19%
Line of Credit	5.19%
Fixed Rates:
1 year	5.29%	5.35%
3 years	6.34%	5.67%
5 years	6.99%	6.16%
Low Doc Variable	5.21%

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

No more Stamp Duty on your loan!

As of July 1^st 2009 the S.A. Government has abolished Stamp Duty on all home loans, hire purchase, leasing & chattel mortgages. 

This could save you $$ on your next investment property, vehicle or business equipment purchase.

Give Perks Finance a call on 8273 9300 to find out more.

Why would I use a Finance Broker?

As the market becomes increasingly complex, more people are turning to Finance Brokers. Here are just some of the reasons why.

Finance Brokers can save time

The choices now available in the market can seem limitless and completely overwhelming. You can choose to research the subject, the Lenders and their products yourself, or work with a Finance Broker who already has that knowledge.

Finance Brokers give you choice

Finance Brokers have a panel of Lenders from which they recommend a loan. They have to become accredited with the Lender to offer their product, and are required to keep up-to-date with their latest offers.

Finance Brokers can help find the right loan

The best deal is not necessarily the cheapest rate. A good Finance Broker will examine your circumstances and future plans to recommend a loan that is right for you. Having an appropriate loan which works for you can help you build wealth.

Most Finance Brokers don't charge you

Most Finance Brokers don't charge a fee for their service as the Lenders pay them a commission for the loans they write. Most Lenders offer the same rate via the Finance Broker as they would directly, and a Broker could save you money in other ways.

Finance Brokers can help you avoid pitfalls

Many products seem to offer a great deal but they could have penalties, fees and charges you may not be aware of. Or, they may not offer the flexibility you require in the future. A Finance Broker can help you avoid taking out a loan you might later regret.

To save time and money, call the team at Perks Finance on 08 8273 9300 or at perks_finance@perks.com.au to arrange a quote.

Source: MFAA: www.essentialsofborrowing.com.au

Perks Finance is a Full Member of The Mortgage & Finance Association of Australia (MFAA), which binds us to the strict codes of practice and guidelines set out by the Association. MFAA is the peak representative body ensuring the orderly and ethical working of the mortgage and finance industry in Australia.

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

• Building approvals for private sector houses fell 2.0% in May 2009 following increases in the previous four months.

• The unemployment rate increased by 0.1% to 5.8% in June 2009.

• Housing Finance for Owner Occupation increased by 2.2% in May 2009 compared with April 2009.

United States

• CPI increased 0.1% in May 2009.

• The unemployment rate for June 2009 increased to 9.5%.

England

• The volume of retail sales in the three months to May 2009 was 0.6% higher than the same period a year ago.

• The Halifax House Price Index decreased by 0.5% in June 2009.

New Zealand

• Residential building consents in May 2009 were 26% lower than in May 2008.

• Total retail sales rose 0.8% for May 2009 compared with April 2009. 

For more information please contact:

Phil Wigley at pwigley@perks.com.au,

John Seidel at jseidel@perks.com.au,  

Jim Materne at jmaterne@perks.com.au or

Maryann Ianni at mianni@perks.com.au

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