What is the relationship between Westpac and Auckland in the context of the input sentence. Choose an answer from: product/material produced; manufacturer; distributed by; industry; position held; original broadcaster; owned by; founded by; distribution format; headquarters location; stock exchange; currency; parent organization; chief executive officer; director/manager; owner of; operator; member of; employer; chairperson; platform; subsidiary; legal form; publisher; developer; brand; business division; location of formation; creator.

Despite the rate cut, the central bank’s statement “was not as dovish as markets were prepared for, particularly concerning the exchange rate,” economists at Westpac Banking Corp. in Auckland wrote in a client note after the decision.

Answer: headquarters_location