{"id":13302,"date":"2016-05-17T05:39:10","date_gmt":"2016-05-16T22:39:10","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/nz-in-new-borrow-and-spend-mode-westpac\/"},"modified":"2016-05-17T06:12:58","modified_gmt":"2016-05-16T23:12:58","slug":"nz-in-new-borrow-and-spend-mode-westpac","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nz-in-new-borrow-and-spend-mode-westpac\/","title":{"rendered":"NZ in new &#039;borrow and spend&#039; mode &#8211; Westpac"},"content":{"rendered":"<p>&#013;<br \/>\nNew Zealand has entered a new debt-fuelled phase of economic growth, say Westpac Bank economists, with home owners borrowing against their properties to spend up. &#8220;Households have thrown caution to the wind, and a &#8216;borrow and spend&#8217;&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : nzherald.co.nz\/Property&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.nzherald.co.nz\/property\/news\/article.cfm?c_id=8&amp;objectid=11639994&amp;ref=rss\" target=\"_blank\">NZ in new &#8216;borrow and spend&#8217; mode &#8211; Westpac<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; New Zealand has entered a new debt-fuelled phase of economic growth, say Westpac Bank economists,&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-13302","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-3sy","jetpack-related-posts":[{"id":122549,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/covid-exacerbates-problems-for-mori-and-their-businesses-new-westpac-report\/","url_meta":{"origin":13302,"position":0},"title":"Covid exacerbates problems for M&#257;ori and their businesses: new Westpac report","date":"October 13, 2021","format":false,"excerpt":"\r Covid has exacerbated hardship for M\u0101ori whose businesses were growing but remain under-represented in our economy, Westpac NZ says.Simon Power, acting bank chief executive, today released findings of a report by BERL and OpinioNative...\r \r Source : nzherald.co.nz\/Property\r Read more...Covid exacerbates problems for M\u0101ori and their businesses: new Westpac\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":54036,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/westpac-chief-housing-market-cooling-faster-than-expected\/","url_meta":{"origin":13302,"position":1},"title":"Westpac chief: Housing market cooling faster than expected","date":"May 8, 2017","format":false,"excerpt":"\r The New Zealand housing market is cooling faster than expected and could take some pressure off bank funding costs, says Westpac NZ chief executive David McLean.\"The Auckland market has cooled quite quickly and we now expect it...\r \r Source : nzherald.co.nz\/Property\r Read more...Westpac chief: Housing market cooling faster than\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":101173,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/major-banks-anz-bnz-and-westpac-unveil-historic-low-rates-in-fight-for-customers\/","url_meta":{"origin":13302,"position":2},"title":"Major banks ANZ, BNZ and Westpac unveil historic low rates in fight for customers","date":"November 12, 2018","format":false,"excerpt":"\r The Bank of NZ has dropped its two-year fixed interest rate to a \"historic\" 3.99 per cent as it returns fire in a burgeoning mortgage war between the country's lenders.ANZ - the nation's largest bank - last week offered the lowest...\r \r Source : nzherald.co.nz\/Property\r Read more...Major banks ANZ,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111584,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/westpac-tips-house-prices-to-rise-7-per-cent-next-year\/","url_meta":{"origin":13302,"position":3},"title":"Westpac tips house prices to rise 7 per cent next year","date":"October 15, 2019","format":false,"excerpt":"\r Westpac is predicting that house prices will increase by up to 7 per cent in 2020 and now ASB says the market is \"springing back into life\".The Westpac prediction comes as the latest data from the Real Estate Institute shows prices...\r \r Source : nzherald.co.nz\/Property\r Read more...Westpac tips house\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":30525,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/former-wairau-westpac-now-for-sale\/","url_meta":{"origin":13302,"position":4},"title":"Former Wairau Westpac now for sale","date":"October 19, 2016","format":false,"excerpt":"\r Once a Westpac bank branch, a high-visibility Wairau Rd property on Auckland's North Shore is now on the market for sale.With two tenants and a total of 31 carparks, the freehold property at 110 Wairau Rd has a showroom, offices...\r \r Source : nzherald.co.nz\/Property\r Read more...Former Wairau Westpac now\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":30539,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/former-wairau-westpac-now-for-sale-2\/","url_meta":{"origin":13302,"position":5},"title":"Former Wairau Westpac now for sale","date":"October 19, 2016","format":false,"excerpt":"\r Once a Westpac bank branch, a high-visibility Wairau Rd property on Auckland's North Shore is now on the market for sale.With two tenants and a total of 31 carparks, the freehold property at 110 Wairau Rd has a showroom, offices...\r \r Source : nzherald.co.nz\/Property\r Read more...Former Wairau Westpac now\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/13302"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=13302"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/13302\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=13302"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=13302"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=13302"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}