Global Economic Expert to Address Conference

Global Economic Expert to Address 2004 Property Conference

MEDIA RELEASE Thursday 13 May 2004

Global Economic Expert to Address 2004 Property Conference

Renowned Australian economic spokesman William Evans will address the property industry at an inaugural Australasian industry conference in July.

With more than 15 years in the financial markets and banking sectors, Westpac Banking Corporation's current General Manager Economics, is highly qualified to comment on economic issues facing Australasia today.

New Zealand Property Institute CEO, Conor English said today, "In the last few weeks, in New Zealand we've seen the NZ$ drop from .71 to .61 US cents, interest rates rise, and confidence levels drop. At the same time the Australian Government has delivered is stimulatory budget, the price of gold has declined, China's economy continues its breakneck growth, and international events continue to impact on global capital markets. William Evans will help answer what all this means for our property sector and look at what the key drivers are likely to be over the next few years. We are thrilled to have such an excellent speaker at our first joint New Zealand and Australian Property Institute Conference in Queenstown on July 22-23," Mr English concluded.

Based in Australia, William is responsible for Westpac's economic research and providing advice to the Board on economic issues. He also travels frequently (USA, Europe, Asia), advising Westpac's customers on the Australian economy and financial markets. Prior to this position William was Chief Economist and Head of Research as well as spending two years based in New Zealand as Westpac's Head of the Institutional Bank (responsible for the Bank's corporate and financial businesses).

Contact: Conor English, CEO, New Zealand Property Institute. http://www.property.org.nz

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