close
MENU
General Business
2 mins to read

Westpac lifts growth forecast, predicts business malaise will ease

Lower mortgage rates and no capital gains tax will lift house prices.

Nevil Gibson
Wed, 22 May 2019

Westpac is taking a glass-half-full view of the economy, saying the Reserve Bank’s official cash rate (OCR) cut will produce a more rapid expansion in the second half of this year.

It goes further than most other forecasters in saying this pickup will boost GDP growth to more than 3% in

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Nevil Gibson
Wed, 22 May 2019
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Westpac lifts growth forecast, predicts business malaise will ease
General Business,
79374
true