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Westpac CEO on property and credit

11 February 2019

Property and credit, a view from the CEO

“…it’s important to note it is normal — and indeed healthy for the economy – for the house price cycle to slow after the six strong years of growth to 2017,” notes Westpac CEO Brian Hartzer in a recent WIRE article in which he maintains property is still sound and the credit tap is on at Westpac.

For Ruby readers, read Brian Hartzer’s thoughts on the issues at hand, including unintended effects for small business.