Satish Ranchhod: Westpac Senior Economist on the latest Westpac Regional Roundup

Early Edition with Ryan Bridge

It's a tale of two islands when it comes to the economy.

The Westpac Regional Roundup shows many businesses and households are suffering from the slow economy.

Westpac Senior Economist Satish Ranchhod says feedback from the North Island was more downbeat, with Wellington being the worst off because of a shrinking public service.

He says there was a rosier picture in the South Island.

Ranchhod told Ryan Bridge they’ve got a mix of tourism and agriculture among other industries helping to support a positive sentiment in the South.

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