The Prime Minister has copped some backlash over the state of the economy during his morning media round.

This follows two disappointing showings for the coalition in the polls, with Chris Luxon's standing as preferred Prime Minister taking a hit.

Luxon has stayed optimistic - and Infometics Principal Economist Brad Olsen is hopeful things will turn around later in the year.

"Those interest rates are coming down - but it takes a bit of time for everyone to re-fix onto them. And at the same time, data out recently showed that the unemployment rate has been going up. So I do think we're in that odd period...but there are those greener shoots showing through."

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The Prime Minister has copped some backlash over the state of the economy during his morning media round.
This follows two disappointing showings for the coalition in the polls, with Chris Luxon's standing as preferred Prime Minister taking a hit.
Luxon has stayed optimistic - and Infometics Principal Economist Brad Olsen is hopeful things will turn around later in the year.
"Those interest rates are coming down - but it takes a bit of time for everyone to re-fix onto them. And at the same time, data out recently showed that the unemployment rate has been going up. So I do think we're in that odd period...but there are those greener shoots showing through."
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

Best of Business

Brad Olsen: Infometics Principal Economist outlines economic predictions for 2025

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/75b5e19e-1f5c-4862-9f1b-b28100774b83/transcript