Can New Zealand build toward a better economy?
Growth in New Zealand is slumping and the economy continues to teeter on the edge of a technical recession. Challenges in the construction sector, particularly residential building, are weighing heavily on growth with construction work done still below its September 2022 peak. How much will the expected easing in the RBNZ’s cash rate next year, cooling in inflationary pressures, and the surge in net migration strengthen the economic outlook?
Join us in this webinar with Ben Udy our New Zealand Macro-economist and April Skinner our New Zealand Construction economist, as they discuss the easing in headwinds on GDP growth and when can we expect a recovery in construction activity.
Join us as we explore these critical issues within the New Zealand macroeconomic and construction landscapes:
- How is the New Zealand Economy coping with the sharp rise in interest rates in recent years?
- What’s the next move for the RBNZ and what does this mean for costs and construction?
- What are the implications of the surge in net migration for the economy as a whole and the construction sector?
- Do the risks to the outlook verge more on the downside or the upside?
April Skinner
Senior Economist, Asia Construction, OE Australia
+61 (0) 2 8458 4231
April Skinner
Senior Economist, Asia Construction, OE Australia
Sydney, Australia
April is the Senior Economist responsible for producing the Asian Construction Service. The service provides comprehensive analysis and forecasts on building and infrastructure construction across 13 countries in Asia including New Zealand. She has experience in econometric modelling and holds a Master’s degree in econometrics and financial economics.
Ben Udy
Lead Economist, OE Australia
+61 2 8458 4293
Ben Udy
Lead Economist, OE Australia
Sydney, Australia
Ben is a lead economist at Oxford Economics Australia working on the Australian Macroeconomic Service, and TradePrism. Prior to joining Oxford Economics ben has worked as a macroeconomic consultant in the private sector in Singapore and Australia and for the Treasury in New Zealand.
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