Mortgage News February 19, 2018
Dealing with your Christmas Spending

Kiwis spent big once again this holidays, with the Paymark EFTPOS network recording $5.9 billion worth of sales during December. With figures already looking healthy, a last-minute spending spree kept retailers especially busy, including an estimated $5 million worth of transactions on Christmas Eve alone. While more spending in December was undertaken using EFTPOS/debit cards at $3,117.1 million, credit card spending still accounted for $2,819.8 million of the total. With the holidays now over and most people back at work, people are being advised to manage their Christmas debt sooner rather than later.


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Wellington's Time to Shine

As house price growth and sales volumes continue to fall in Auckland, Wellington gets ready for its time in the sun. The nation's capital is now the highest ranked New Zealand city on the global house price index, with local data improving all the time as demand grows for new builds and off-the-plan purchases. While the introduction of new LVR rules and impact of the Kaikoura earthquakes has placed downward pressure on the market over recent months, Wellington’s normally static market is likely to move up a gear in 2017.


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How Meditation can Help You

Meditation is widely believed to induce relaxation and reduce stress levels, with this ancient practice helping countless people around the world to unwind and slow down. The advantages of regular meditation stretch way beyond simple relaxation, however, including a number of scientifically proven benefits related to physical, emotional, and mental health. With meditation proving helpful on so many levels, perhaps it's time to put your inner sceptic to rest and find out what all the fuss is about.  


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Interior Design Trends for 2017

The world of interior design continues to excite and surprise, with seasonal trends coming and going faster than ever before. While 2016 was all about pink, copper, and framing spaces, 2017 is a new year with an updated collection of ideas and inspired products. Let's take a look at some of the latest interior design trends that are likely to make a big splash in 2017, including the evolution of dynamic living spaces and the use of relaxed and organic design elements that counterpoint the digital age.


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Echo Tech in 2017

Global warming and other ecological challenges continue to face humanity, as people around the world look to solve a growing range of environmental problems. While technology is often seen as a catalyst for environmental destruction, it will also play a big role in the solution. Environmental scientists and eco-tech companies across the globe are likely to make their biggest splash yet in 2017, including projects related to wind power, artificial photosynthesis, and smart transportation.


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> In This Issue...
1. Dealing with your Christmas Spending
2. Wellington's Time to Shine
3. How Meditation can Help You
4. Interior Design Trends for 2017
5. Echo Tech in 2017

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