Brendan O'Donovan
Westpac picks NZ GDP to grow 4.2% in 2011 on back of exports, trading partner strength
Deficit rises as foreigners pay less NZ tax & overseas visitors spend less
Canterbury consumers 'the most confident in the country' & a 'healthy willingness to spend' seen
ASB economists say Canterbury earthquake means no further OCR hike till 2011
Weekly mortgage approvals at non-holiday period lows
Westpac economists see house prices falling after Budget cuts 'fundamental value of housing'
Westpac sees NZ short of 10,000 houses; forecasts 23% rise in house building as land prices fall