Thursday Market Review: ASB Rate Changes, Rising Building Costs, and Westpac Forecast

This report summarizes key financial and economic developments from Thursday, including ASB's multiple rate changes, an increase in building costs, and a decline in workers' share of income. Additionally, Westpac has raised its payout forecast, the New Zealand Government Bond tender was popular, swaps remained stable, and the New Zealand dollar weakened.

Originally published by gnews