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Mortgage borrowing rise to be “short-lived”: Westpac
Monday 30th of April 2018
The lender’s top economists believe the recent rise — highlighted by improved RBNZ data on Friday — won’t last for the long term, due to a raft of government measures designed to cool the housing market.
The economists said a government plan to remove financial incentives for property investors would be the most “important” factor in a subdued market. The government has extended the...
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