Mortgage News May 28, 2018
New Zealand Agriculture Adjusts

Considerable changes will impact New Zealand agriculture in 2017, with a number of key developments likely to bring uncertainty and opportunity in equal measure. According to the recently-released New Zealand Agricultural Outlook 2017 report by banking specialist Rabobank, Kiwi agriculture faces a "moment of truth" due to heightened regulations domestically and changes to free international trade. While most producers can expect a challenging year ahead, market fundamentals support further recovery in the dairy and horticulture sectors.  


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Finance Problems for New Auckland Developments

Housing affordability in Auckland is a growing concern, with the 'Super City' ranked the fourth least affordable metropolis in the 13th Annual Demographia International Housing Affordability Survey. The median house price in Auckland has risen dramatically compared to household income, as lack of supply and population growth continue to fuel demand pressures. While efforts are being made by Government to stimulate building activity and cool the housing market, access to finance remains a serious problem for new Auckland developments. 


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The Future of Household Solar

The future of household solar will depend on many factors, including emerging photovoltaic (PV) and battery technologies, state-level decisions, and the wider energy economy. While the global solar market remains strong after experiencing rapid growth over the last few years, the number of solar installations will shrink in 2017 for the first time in 16 years. According to GTM Research, global photovoltaic (PV) installations will shrink by 7 percent this year, with a cumulative average growth rate of 8 percent forecast over the next five years.


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Stay Active and Age Slower

Is it possible to slow down the ageing process? Can we look and feel younger by changing our lifestyle? According to a new study by researchers at the University of California - the answer is a resounding yes. New research investigated links between physical activity and biological age in a group of elderly women, with sedentary women found to be biologically older by an average of eight years. People who exercise on a regular basis are often thought to be healthier and have a more youthful appearance, with scientific proof now available to inspire your love of fitness.


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Wealth Inequality Across the Globe

A new report by Oxfam highlights inequality across the globe, with dramatic figures showing a huge disparity between the haves and have-nots. Released just before the World Economic Forum, 'An Economy For The 99%' claims that eight men control the same wealth as the poorest half of the world. While the methodology used in this report has been criticised in the past by free market think tanks, it shines a light onto a very real problem - not a lack of resources but economic bottlenecks in the mechanisms of distribution.


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> In This Issue...
1. New Zealand Agriculture Adjusts
2. Finance Problems for New Auckland Developments
3. The Future of Household Solar
4. Stay Active and Age Slower
5. Wealth Inequality Across the Globe

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