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| Equipment & Motor Vehicle Finance 1 &2 | ||
| Chattel Mortgage, Hire Purchase, Lease |
8.90% |
|
| Business Loans 3 | ||
| Fixed 1 year |
7.59% |
|
|
Fixed 2 years |
7.79% |
|
|
Fixed 3 years |
7.89% |
|
|
Fixed 4 years |
8.24% |
|
|
Fixed 5 years |
8.29% |
|
|
Fixed 10 years |
8.50% |
|
|
Variable |
7.31% |
|
|
Overdrafts |
7.36% |
|
Comparison Rate Standard Variable5 6.47% 6.57% Line of Credit 6.70% 6.76% Fixed Rates: 1 year 6.69% 6.69% 3 years 6.95% 6.78% 5 years 7.44% 7.09%
Home Loans 4
All interest rates for the above are for secured loans. 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.
5 LVR < 75%
Terms, conditions, rates and charges apply to all lending products.
Phil Wigley Director pwigley@perks.com.au |
 |
The following taxation measures were announced by the Government as part of the State Budget handed down on 16 September 2010.
The First Home Owner Grant of $7,000 will now only apply for properties with a market value up to $575,000. The cap will apply to applicants who enter into a contract to purchase or build a home on or after 17 September 2010, or who commence construction as owner builders on or after 17 September 2010.
The State Government First Home Bonus Grant which was previously an additional $4,000 is no longer available for the purchase of existing properties.
Home buyers who build or purchase a newly constructed home will now receive $8,000 (instead of the previous $4,000) from the State Government in addition to the $7,000 First Home Owners Grant.
It’s still a great opportunity for new home owners to take advantage of the first home buyers’ grants.
If you are looking for your first home contact Perks Finance on 8273 9300 or email at perks_finance@perks.com.au and we will do the sums for you and arrange not just your loan, but help you buy your home.
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.
| Australia | 4.50% |
| United States | 0.25% |
| England | 0.50% |
| New Zealand | 3.00% |
Australia
Building Approvals for private sector houses fell 4.3% in August 2010 and has fallen for three months.
The unemployment rate remained steady at 5.1% in September 2010.
Housing Finance for Owner Occupation rose by 0.3% in August 2010 compared with July 2010
United States
CPI increased 0.3% in August 2010.
The unemployment rate for September 2010 remained at 9.6%
England
Total sales volume in the three months to August 2010 was 1.4% higher than the same period a year ago.
The Halifax House Price Index increased by 3.6% in September 2010.
New Zealand
Residential Building consents in August 2010 were 7.6% higher than in August 2009.
For more information
please contact:
Phil Wigley
pwigley@perks.com.au
John Seidel
jseidel@perks.com.au
Jim Materne
jmaterne@perks.com.au
Luke Robertson
lrobertson@perks.com.au
Maryann Ianni
mianni@perks.com.au
Adelaide
247 Fullarton Road
Eastwood SA 5063
T: (08) 8273 9300
F: (08) 8274 1466
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
Suites 3-4
8 Gregory Terrace
Alice Springs NT 0870
T: (08) 8953 4400
F: (08) 8953 4599
www.perks.com.au
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