Utilize the input text as a context reference, choose the right relationship between 'Westpac' and 'Auckland' from the options.
Options: publisher, headquarters location, product/material produced, director/manager

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.
headquarters location