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Liam Dann: NZ Herald business editor on Westpac building consent figures

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Manage episode 348538385 series 2098282
Konten disediakan oleh NZME and Newstalk ZB. Semua konten podcast termasuk episode, grafik, dan deskripsi podcast diunggah dan disediakan langsung oleh NZME and Newstalk ZB atau mitra platform podcast mereka. Jika Anda yakin seseorang menggunakan karya berhak cipta Anda tanpa izin, Anda dapat mengikuti proses yang dijelaskan di sini https://id.player.fm/legal.

Westpac has just released their building consent numbers, and they've dropped down lower than predicted.

Dwelling consent numbers are down by 11 percent, which is larger than the 5 percent drop that Westpac had forecasted. This drop goes deeper than the normal month-to-month volatility, and tougher financial conditions play a role in these figures.

Liam Dann, NZ Herald business editor says that the numbers appear to be over a peak and the downside indicators for the construction sector are a key factor in these figures.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

  continue reading

5986 episode

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iconBagikan
 
Manage episode 348538385 series 2098282
Konten disediakan oleh NZME and Newstalk ZB. Semua konten podcast termasuk episode, grafik, dan deskripsi podcast diunggah dan disediakan langsung oleh NZME and Newstalk ZB atau mitra platform podcast mereka. Jika Anda yakin seseorang menggunakan karya berhak cipta Anda tanpa izin, Anda dapat mengikuti proses yang dijelaskan di sini https://id.player.fm/legal.

Westpac has just released their building consent numbers, and they've dropped down lower than predicted.

Dwelling consent numbers are down by 11 percent, which is larger than the 5 percent drop that Westpac had forecasted. This drop goes deeper than the normal month-to-month volatility, and tougher financial conditions play a role in these figures.

Liam Dann, NZ Herald business editor says that the numbers appear to be over a peak and the downside indicators for the construction sector are a key factor in these figures.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

  continue reading

5986 episode

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