5 tips for a regret – free life

According to the website Happify, 90% of people have a major regret about something in their lives. It is so prevalent in our lives that it is the second most frequently mentioned emotion, after love. Often we feel the most regret in missed chances, because of the many choices that we have in our life.

Here are 5 tips for a regret – free life:

Live a life that is meaningful to you. As you grow older, you will understand that the expectations other people have on you have no bearing on how you live your life and your happiness. Do what makes you happy,

Have the courage to express your feelings. When you do, this shows people that you are not passive on certain things. When you feel so strong about something, put it into action.

Allow yourself to be happier. Do not be content on just being happy – strive to be happier! Remember though that your happiness should positively affect other people, too.

Prioritize your family. It is often said that the family is the ultimate source of happiness. As most of the time of your day is spent at the office, pause and enjoy those precious moments that you spend with your family. They are the reason you’re working hard, after all.

Stay in touch with old friends. Old friends keep you young. Take the time to reminisce on the things you did with friends, share a good laugh and stay happy.

Read more about this on the Property Update website.

Is this the end of the work email?

Is email affecting office productivity? Businesses are sending and receiving emails on an average of 121 per day, a 15% increase from 2011 according to email tracking group The Radicati Group. Workers normally spend the first few hours in the office sifting through emails and sending info back and forth to colleagues and managers.

Dustin Moskovitz who was the co – founder of Facebook is running a new venture set to change the way we communicate in the workplace. Asana is a software that works as a communal notebook, social network, calendar and instant messaging application that can be shared between employees.

Email has been in existence as early as the 1960’s and it will be extremely difficult to change the way it has interconnected employees in the workplace. Until that next innovation happens, it’s back to checking our inboxes.

Read more about this on the News.com.au website.

ASFA: Super access will not resolve home affordability issues

A recent government draft proposal for homeowners to gain access to their Superannuation to purchase property has been under fire from various organizations, recently from the Association of Superannuation Funds of Australia (ASFA), citing that gaining early access to Super will not resolve home affordability issues.

ASFA suggested that the problem lies on land release, zoning and housing assistance funding issues and the decrease or removal of stamp duty. Gaining early access can jeopardize retirement, where even the existing 12% compulsory contribution is not enough for people to retire comfortably.

Read more about this on the Money Management website.

Online resources for Property newcomers

Are you just starting out with property? Here are 7 free online resources that you can use to broaden your existing knowledge on property. Note that these resources are meant to educate and as always, it is still best to consult a financial planner to ensure that your decisions are based on what’s best for your own circumstances.

First Home Owners Grant. If you are a First home buyer, this website is a good starting point. This provides extensive information about grants, concessions as well as the government authority in charge, categorized according to state and territory.

Real Estate View. Buy and sell information gives you a realistic view of property prices in a certain area.

Money Smart. This website from the Australian Securities and Investments commission gives you a comprehensive database for information regarding your financial health, from mortgage, shares to property.

.ID. This provides investors with demographic information up to the suburb level, backed by economic profiles and the latest census data.

RP Data. Data providers offer you free market information that you can use to monitor an area’s health, including official statistics from the ABS.

Australian Securities and Investments Commission. If you’re into policies about property, the regulating body website is the perfect fit for you. The ASIC website gives you extensive information about products, policy and important consumer warnings.

Houzz Australia. Looking for design inspirations for your property? Houzz provides you with the much needed information from interior designers and allows you to store information and images in albums, identical to Pinterest.

Read more about this on the Property Observer website.

Gen X and Y missing on Superannuation: ASFA

Younger Australians are missing out on thousands in future retirement savings, according to the Association of Superannuation Funds of Australia. A recent research shows that almost 50% of Generation Y and around 40% of Generation X have yet to consolidate their superannuation accounts. The sad part is that one out of five of participants are unaware how to do so.

1 out of 5 participants are also unaware on how to process lost or unclaimed superannuation. 60% of the respondents have never heard of SuperSeeker, the Australian Tax Office online service.

Retirement may be a concern for the future, but educating the younger generation of the benefits and processes involved in superannuation will save one a lot of trouble and hassle. These issues should be addressed, before it’s too late.

Read more about this on the Money Management website.

Unemployment data shocks economists

Unemployment was at a decade high last month, and economists were in for a surprise as they forecasted the unemployment rate to rise at 6.1%. Instead, the unemployment rate fell to 5.8%, with 18,100 jobs added to the economy. Full time jobs dropped to 22,100 as part time jobs increased to 40,200, according to the Bureau of Statistics.

Barclays’ chief economist for Australia has seen rising confidence in job hirings this year, consistent with the improvements in business surveys and job ads. The Australian dollar increased to US 94.40 cents upon release of the unemployment data.

Read more about this on the Sydney Morning Herald website.

Sydney hits 84.4% clearance rate in weekend auction

Just when you thought Sydney was already losing steam, it finishes up the week with a 84.4% clearance rate for the February 8 weekend. The results are impressive despite a drop in the number of properties sold under the hammer.

The Australian Property Monitors report 205 auctions in Sydney over the weekend with a median house price of $865,250. Economists predict that the residential sector will experience a drop in sales compared to the previous year, but Sydney’s weekend auction results show that it has no plans of slowing down anytime soon.

Read more about this on the Property Observer website.

Brisbane to lead capital cities in 2014

Stable supply and demand numbers are expected to lead Brisbane ahead of other capital cities for this year, according to Raine&Horne Real Estate. Brisbane buyer activity has increased by 25% from the same time last year. Meanwhile, property listings have decreased by 60%.

Property values are forecasted to increase by 7% this year. Brisbane’s low values have been appealing to both investors and home buyers. The median price for Sydney is at $665,000 while Brisbane remains affordable at a median price of $445,000.

It is expected that buyers will be encouraged to purchase property in Brisbane because of these factors.

Read more about this on the Smart Property Investment website.

Saving for a new home? Here’s how

New home buyer activity is forecasted to remain strong for 2014. For those of you planning to buy a new home, Jennifer Duke from the Property Observer has great tips for you to achieve the ultimate dream of owning your new home.

These tips are will surely help in reevaluating your finances, as there are some tips that can even allow you to earn on what you currently have. Spending less will greatly help you as you allocate your savings for your new home, and finally, we are treated to several money saving tips that we often overlook, such as taking advantage of reward points, checking your existing savings account for a better plan and claiming your tax exemptions.

Head to The Property Observer website for these great tips in purchasing your new home.

Fixed rate loans are increasing

Fixed rate loans allow borrowers to accurately compute their loan repayments without having to mind the fluctuations in interest rates during the fixed rate term of the loan. More and more borrowers are opting for this type of payment scheme despite news of the 4 major banks increasing their fixed term mortgage rates.

Over the month, fixed rates are accounted for 27.38% of all home loans, slightly higher than the previous month which finished at 26.8%. Mortgage firms are predicting that fixed rate loans are set to increase in the coming months.

Although a good payment scheme, borrowers should be aware of the pros and cons of both variable and fixed rate loans before opting for either one. Fixed rate loans cannot take advantage of the current low interest rates. This can equate to a lot of savings for the borrower. On the other hand fixed rates give borrowers the peace of mind of not having to worry about any changes on their payments.

Read more about this on the Property Observer website.