Westpac lifts growth forecast, predicts business malaise will ease
Lower mortgage rates and no capital gains tax will lift house prices.
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
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Nevil Gibson
Wed, 22 May 2019
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Westpac lifts growth forecast, predicts business malaise will ease
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