Westpac data confirms regional economic divergence, criticizing Auckland's economy for its over-reliance on housing prices.
1 report, 1 independent
Updated Aug 1
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What happened
Westpac data confirms regional economic divergence, criticizing Auckland's economy for its over-reliance on housing prices.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- A strategist working for Westpac is based in Auckland.Sub-event
- Westpac conducted a national survey in New Zealand on September 1st, involving CEO Andrew Twidle.Sub-event
Westpac data highlights regional economic divergence and Auckland's housing market over-reliance.1 source
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The entities involved
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Westpac
Australian bank and financial-services provider
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Auckland
city on the North Island, New Zealand
Related events
- Regional housing prices are trending differently in the Auckland/Northland area, discussed by a property industry CEO.
- Westpac NZ reported its net profit for the 12-month period ending recently.
- NZ housing market sees rising building consents, surging stock market performance, and intense competition for home loans.