So Christmas is already upon us again this year, and what a busy one it has been with house sales and prices up on the previous year due to such low interest rates that we hope will stay through to the 2022 year!

It seems to come around faster each year and while most of us love Christmas and a summer holiday, we never seem to get what we want done in time, but time is one thing that we cannot control. 

Christmas should be a time of joy and the opportunity to relax and spend with family and friends. 

Every year we take the Christmas to New Year period as a time to close the offices and recharge with our families, however if you have a loan that requires renegotiating for a fixed rate or you need a loan, you will still be able to get hold of the team via email, text, mobile and even using the office phone number. 

This year the offices will close from 5pm tomorrow (Friday the 20th), but open for those who book appointments, otherwise we'll be back to normal hours from Monday 13th January. 

Please stay safe over the Christmas and New Year period so you can enjoy a fantastic 2020.

New Zealand house prices are moving north as the property market springs into action. The average property value in Auckland was up 1.3% over the last three months, with values in the regions moving ahead at an even faster rate. While Auckland is still more affordable than it was a year ago, national values are up on an annual basis and first home-owners are struggling to see a way forward.

Christmas is on the doorstep, which means tough decisions, budget allocations, and last-minute shopping. If you're like most people, then you probably approach gift giving with a combination of random luck and hours walking the streets. As it turns out, however, there is a clear and robust science behind gift giving, with people who receive gifts much more appreciative when decisions are based on thoughtful consideration and long-term value rather than immediate satisfaction and price.  

The RBNZ recently finalised its capital review in an effort to safeguard banks against economic shocks. Retail banks will be expected to hold $20 billion in capital at all times, which will have implications for small and big banks alike. While this move is a great insurance policy designed to reduce the potential of a public bailout, it could also lead to more expensive mortgages, lower deposit rates, and more stringent lending criteria.

Bushfires remain prevalent across Australia, with smoky conditions possibly becoming more normal as climate change takes hold. Rural communities in NSW have been inundated by smoke for weeks, with Sydney also choked by bad air and dangerous smoke particles. While everyone is aware of the destructive power of fire when it comes to harming property and affecting lives, the true dangers of bushfire smoke are only starting to be understood.

The modern world can be busy and stressful, with people often experiencing a lack of time and mental resources. It's easy to make bad decisions in such an environment, as our mental bandwidth narrows and we focus on the wrong tasks. While some people thrive under pressure, for others, busy routines and ongoing stress lead to procrastination and reduced productivity. As it turns out, achieving a healthy work-life balance is a great way to increase our attention span and upgrade our cognitive bandwidth.