Property

Wellington should outrun slow growth

Wellington is expected to lift its economic game this year, after sluggish growth in the year to March 2003.

Monday, March 01st 2004

The Wellington economy grew 1.8 per cent in the year to last March, compared with national growth of 4.7 per cent, according to the Greater Wellington regional council.

In its regional outlook, the council said "sluggish growth" was probably due to low population growth. Wellington's population grew 1.4 per cent in the period, compared with the national average of 1.8 per cent.

Since March "the region's economic performance had improved", the report said. "More recent economic indicators point to faster growth in the region over 2003-04. Employment growth has run consistently ahead of the national trend and latest employment indicators suggest continuing strong growth over the next few months."

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SBS FirstHome Combo 6.74
Heartland Bank - Online 6.89
Wairarapa Building Society 6.95
Unity 6.99
Co-operative Bank - First Home Special 7.04
ICBC 7.05
China Construction Bank 7.09
BNZ - Classic 7.24
ASB Bank 7.24
ANZ Special 7.24
TSB Special 7.24
Unity First Home Buyer special 6.45
Heartland Bank - Online 6.55
SBS Bank Special 6.69
TSB Special 6.75
Westpac Special 6.75
China Construction Bank 6.75
ICBC 6.75
AIA - Go Home Loans 6.75
ASB Bank 6.75
Unity 6.79
Co-operative Bank - Owner Occ 6.79
SBS Bank Special 6.19
ASB Bank 6.39
Westpac Special 6.39
AIA - Go Home Loans 6.39
China Construction Bank 6.40
ICBC 6.49
Kiwibank Special 6.55
BNZ - Classic 6.55
Co-operative Bank - Owner Occ 6.55
TSB Special 6.59
SBS Bank 6.79
SBS FirstHome Combo 6.19
AIA - Back My Build 6.19
ANZ Blueprint to Build 7.39
Credit Union Auckland 7.70
ICBC 7.85
Heartland Bank - Online 7.99
Pepper Money Essential 8.29
Co-operative Bank - Owner Occ 8.40
Co-operative Bank - Standard 8.40
First Credit Union Standard 8.50
Kiwibank 8.50

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