Breakfast with nationally renowned Economist Brad Olsen

The Arrowtown Promotion and Business Association is excited to host a business breakfast with nationally renowned Economist Brad Olsen.
 
Brad is the Chief Executive and Principal Economist of Infometrics. He will discuss how economic conditions are shaping up, what the recent election result might mean for the economy, and how this will all influence our local businesses. Arrowtown’s flourishing business and professional services scene often flies beneath the radar, and so Brad’s insights will provide a timely perspective of the broader context for our village’s economy and complement what we know about the goings on in the visitor sector.

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 have 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.

For more information - https://www.infometrics.co.nz/team/brad-olsen