The Parker Finance Blog covers topics of Home Loans, Investment
Loans, Commercial Loans, Business Finance, Car Leases &
Equipment Finance.
Business investment spikes in March quarter
Business investment was propelled by a 12 per cent rise in machinery and equipment, the strongest rise since December quarter 2009, according to the ABS. The Australian Bureau of Statistics’ (ABS) National Accounts: National Income, Expenditure and Product has...
Properties selling at record speeds: REA
The average number of days properties spend on the realestate.com.au site fell to a record low in May, with records broken in many states and territories, according to a new report. REA Group’s REA Insights Housing Market Indicators Report for June 2021 has revealed...
1 in 2 SMEs keen to invest: Prospa
More than half of all SME owners have plans to invest in their business in the next six to 12 months, with smaller businesses more inclined to do so, according to a survey. New research from small-to-medium enterprise (SME) fintech lender Prospa has revealed that 54...
6 in 10 Millennials lack savings plan: CBA
More than half of all Millennials said they intend to buy a house within the next five years, but an equal number reported not having a regular savings plan, according to the CBA. Research released by the Commonwealth Bank of Australia (CBA) has found that 61 per cent...
Property investor loans overtake first home buyers
The mortgage market share occupied by property investors is now exceeding first home buyers, a property technology provider has reported. Proptech Archistar has made the observation in its latest National Housing Market report, where it noted the total home loans...
81% of brokers say refinancing on the rise
Eight in 10 brokers have observed an uptick in refinancing activity since December, according to a new poll. A new poll conducted by broking platform HashChing has found that 81.5 per cent of brokers have seen more customers shopping around for different lenders and...
Budget 2021: What’s in it for you
The federal government had handed down possibly the second most anticipated budget in history, outlining its plans to help the economy recover post-COVID. Here’s a breakdown of what’s in store for you. Jobs, jobs, jobs The Treasurer confirmed the budget is all about...
Want to get the tax-man to help you buy business equipment?
End of financial year is just around the corner, which means time is running out to purchase a vehicle or equipment for your business before June 30. If you are wanting to purchase an asset or vehicle for your business, we have access to wide variety of lenders who...
How to pay off your home loan faster
Your home is probably the biggest purchase you will make in your life- it can feel like a 30-year long marathon. There are some simple ways to cut years off your mortgage, which we share in this article so you could become mortgage-fee sooner than planned. Small extra...
Exit costs when refinancing
Refinancing can be a great way to save money if you believe you are paying too much for your loan, but there is more to it than just finding a loan with a lower interest rate and making the change. Before making the switch, we recommend you ensure the savings you...