TMM - News
Westpac expects government policy to "cool" housing market and GDP
Monday 19th of March 2018
Westpac expects the government’s housing policy to cause a further slowdown in New Zealand's GDP growth, after data revealed the economy grew by only 2.9% in 2017.
Westpac’s team of economists have predicted the government’s plans, including curbs on foreign investment, will “cool” the housing market, leading to lower household spending and decreased confidence among employers and invest...
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