The Parker Finance Blog covers topics of Home Loans, Investment
Loans, Commercial Loans, Business Finance, Car Leases &
Equipment Finance.
Where are Australia’s most in-demand rental suburbs?

Where are Australia’s most in-demand rental suburbs?

Perhaps surprising to some, Western Australian capital Perth dominated PropTrack’s recent ranking of the most sought-after suburbs by tenants. According to the report, 90 per cent of the nation’s 10 most in-demand suburbs are within the bounds of Perth, led by Bentley...

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Top 10 Aussie locations for downsizers

For buyers in search of a simpler life, these 10 regions might deliver the small-scale home of their dreams. In the hustle-and-bustle of the modern world, the idea of a tranquil, rural retreat is more appealing than ever. Financial services firm Property Credit...

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APRA confirms bank branch closure trend

APRA confirms bank branch closure trend

More than 400 bank branches closed across Australia in the year to 30 June 2023, despite three of the four major banks halting closures amid a regional inquiry. The Australian Prudential Regulation Authority (APRA) has recently released its 2023 statistics for...

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Is the Home Guarantee Scheme a good deal for buyers?

Is the Home Guarantee Scheme a good deal for buyers?

Billed as inspiring first home buyers into home ownership sooner than traditional routes, does the Home Guarantee Scheme (HGS) set its benefactors up for financial failure? In short, no. According to the National Housing Finance and Investment Corporation’s (NHFIC)...

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New OO loans increase for the first time since May

New OO loans increase for the first time since May

The number of new owner-occupier mortgages written increased for the first time in three months in August, according to new ABS data. Following a softening in new mortgage lending and a refinancing boom, new data from the Australian Bureau of Statistics (ABS) showed...

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Australians are becoming more scam aware: CBA

Australians are becoming more scam aware: CBA

Over 70 per cent of Australians have become more concerned about scams over the last 12 months than previously, according to the Commonwealth Bank. Australians are becoming increasingly scam aware according to the Commonwealth Bank of Australia (CBA) with almost...

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Great Australian dream ‘alive and well’

Great Australian dream ‘alive and well’

The majority of Australians believe that property is still a good investment despite current economic conditions, the aggregator’s survey has found. The survey, commissioned by aggregator Mortgage Choice and conducted by Honeycomb Strategy, found that 83 per cent of...

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The current state of Australian commercial property

The current state of Australian commercial property

How are rising interest rates, increased demand and more competition impacting the commercial market? One expert has his say.   According to Scott O’Neill, director of commercial property buyer’s agency Rethink Investing, Australia’s commercial market has been...

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