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Australia and NZ housing cycles related

Thursday 18th of August 2005
With the Australian economy already perceived to be suffering a semi-housing hangover, the implication is that the same hangover will eventually apply in New Zealand, and shift monetary policy back to a looser policy setting. According to a report released by ANZ, they do not believe this leap of faith can be made.

The housing cycles have, in fact, been synchronised since 1998. Both housing...

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