Inflation and Elections - what this means for the West Coast economy
Join DWC as we host Infometrics Chief Executive and Principal Economist, Brad Olsen, for a business breakfast networking event to hear his take on the state of the New Zealand economy and what’s to come for the West Coast.
Efforts by the Reserve Bank to tame high inflation are beginning to work, with economic activity contracting and house prices depressed as interest rates have risen rapidly. The Reserve Bank has signalled it’s done enough, for now, although the slowdown in economic activity will continue to develop over 2023. Businesses and households remain concerned, with confidence at low levels. Employment activity has been solid, but signs point towards a softening. Rapidly rising net migration has added another change in trend into the economic mix, at a time when trends are evolving at a fast pace.
Brad Olsen will discuss how economic activity is expected to shape up toward the end of 2023 and into 2024, what the upcoming election result might mean for the economy, and what it all means for the West Coast economy.
Brad Olsen is Chief Executive and Principal Economist at Infometrics and is one of New Zealand’s leading economic commentators. Brad’s passionate about using economics to make better-informed decisions and can communicate complex and detailed trends in a simple, relatable, and useful manner. With extensive networks across New Zealand’s business, media, community, and social sectors, Brad often brings together a variety of views, data, and emerging trends to inform advice and analysis to key decision-makers across New Zealand.
- Date: Wednesday, 27 September
- Time: 7.30am – 9.00am (breakfast from 7.30am, presentation from 8am)
- Venue: Paroa Hotel - 508 Main South Road, Paroa, Greymouth
- Cost: Free to attend