Mortgage News August 19, 2018
Government Reports Better Than Expected Surplus

The New Zealand Treasury has reported unexpected gains, with a $398 million surplus excluding gains and losses (OBEGAL) recorded in the eight months ending February 29. These results were $730 million better than forecast in December 2015 and $667 million better than the same period a year ago. While monthly figures can and do vary widely, better than expected results over recent months have increased the chances of a full-year surplus.


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Property Growth Continues to Slow

New Zealand property growth slowed once again in March, with 12.6 percent annual growth in January dropping to 11.6 percent in February and 11.4 percent last month. While home values were still up across much of the country, increased regulation has helped to slow growth in Auckland since the start of the year. Despite slowing conditions, however, recent weeks have seen renewed activity in some quarters, with increasing sales volumes, ongoing supply shortages, and population growth in Auckland pointing towards another upwards swing.


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Tech Free Homes

As technology continues to encroach on every aspect of our lives, more people are making the bold decision to go tech-free. From bedrooms and living rooms free of electronics through to entirely unplugged homes, tech-free living is all about regaining the time and space you need to truly be yourself. While the unplugged lifestyle is certainly not for everyone, most of us could benefit from at least a little tech-free time.


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Why Spicy Food Is So Healthy

While not everyone likes the hot stuff, mounting evidence suggests that spicy food is good for your health and longevity. Separate studies in recent years have linked the consumption of spicy food with weight loss, pain relief, increased longevity, and a range of anti-inflammatory and antimicrobial effects. While these benefits depend greatly on the type of food in question along with racial factors and the method of consumption - all in all - it seems better to eat spicy food than to avoid it.


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What is Augmented Reality?

Virtual reality has become old news as a new and more exciting vision of the future takes its place. Augmented reality looks like something straight out of a science-fiction movie, with 3D holographic images and display screens beamed in front of users who are wearing little more than glasses. Instead of offering a hedonistic escape into artificial dimensions, augmented reality promises to enhance everyday living by adding information-rich holographic content to our existing lives.


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> In This Issue...
1. Government Reports Better Than Expected Surplus
2. Property Growth Continues to Slow
3. Tech Free Homes
4. Why Spicy Food Is So Healthy
5. What is Augmented Reality?

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