Figuring out Westpac's growth
Wednesday, May 18th 2011, 8:53AM
Today we have Jenny Ruth's latest piece looking at how the banks are going with their home loan business. In this report she looks at Westpac's lastest GDS to try and understand how it has gone in the most recent quarter. Regular readers of her reports will know that deciphering Westpac's numbers recently has been a puzzle. You can read her report here.
Everyone's attention is shifting to tomorrow's Budget. While the talk has been about KiwiSaver it will be interesting to see if the government proposes any more changes around residential property investment, or if there will be anything which will impact on the housing market.
BTW there are no rate changes today.
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