The Parker Finance Blog covers topics of Home Loans, Investment
Loans, Commercial Loans, Business Finance, Car Leases &
Equipment Finance.

10 suburbs defying the current market cool down

10 suburbs defying the current market cool down

Despite the changing tide of the Australian property market across the last few months, there remains a handful of suburbs where values have increased. The quarterly Well Money Green Shoots report has identified five house and five unit markets nationally that are...

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Which state is Australia’s leading economy?

Which state is Australia’s leading economy?

The state of Victoria holds the mantle of Australia’s best performing economy, pipping Tasmania after nine consecutive quarters, a quarterly CBA report shows.   A State of the States report released by CommSec, the digital broking arm of CBA, showed Victoria held...

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Stamp duty explained

Stamp duty explained

If you’ve never bought property before, you may not understand what stamp duty is. In a nutshell, stamp duty is a tax. It’s not very exciting, but it’s one of those things that goes hand in hand with purchasing a property. Navigating stamp duty can be tricky. In this...

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Westpac may close 100 branches – report

Westpac may close 100 branches – report

Westpac may close a further 100 branches over 18 months as it merges branches of its main brand with those of subsidiaries like St. George Bank, potentially leading to job cuts.   At a market briefing on Wednesday, Westpac said it had already co-located 21...

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Questions to ask your mortgage broker

Questions to ask your mortgage broker

In the wake of three consecutive cash rate rises, many aspiring homeowners and current mortgage holders have been left feeling uncertain. You may be concerned about whether the cash rate hikes have temporarily derailed your home ownership dreams. Perhaps you’re...

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Is your credit report healthy?

Is your credit report healthy?

One of the things lenders take into consideration when assessing your ability to repay a loan is your credit report. As part of the loan application process, they’ll assess your financial history, including any previous credit applications you’ve made and any payments...

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Why the ‘vacant home tax’ is gaining popularity

Why the ‘vacant home tax’ is gaining popularity

The latest census has revealed that 10.1% of all residential dwellings are unoccupied. That’s 1,043,776 homes sitting empty which could otherwise have been available to homebuyers or tenants. The news comes even as organisations continue to lament the gap in housing...

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Should you refinance now?

Should you refinance now?

With millions of Australian homeowners likely to be slugged with higher mortgage repayments due to the cash rate hikes, there’s one question on everyone’s lips.  Is now a good time to refinance?  While it depends largely on your individual situation and goals, there...

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Home Value Index continues to fall, down -0.6% in June

Home Value Index continues to fall, down -0.6% in June

Home Value Index shows Australia’s housing downturn builds momentum in June, driven by sharper falls in Sydney and Melbourne and weakening conditions elsewhere. CoreLogic’s national Home Value Index (HVI) recorded a second consecutive month of value declines in June,...

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