Balancing Act: Queenstown's Quest for Economic Equilibrium in a Tightrope Economy

In this Podcast, host Brent Harbour  speaks with Benje Patterson, New Zealand's leading Regional economist, and Sharon Fifield, Chief Executive of the Queenstown Business Chamber of Commerce. They share insights on the sustainability of Queenstown Lakes  rapid growth and its impact on businesses, on the back of a business confidence survey. They delve into the pressures of maintaining growth as margins narrow, from sky-high rents to the labor market's thirst for skilled workers. Learn how local enterprises are staying afloat by cleverly crafting strategies that involve attracting a more affluent clientele, and how some are even revolutionizing staff retention by providing housing accommodations. Winter is on the horizon, and confidence remains unshaken; find out why there's still optimism in the air despite the financial squeeze.

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Chapters

• 0:02 Queenstown Business Growth and Challenges
• 10:07 Challenges and Opportunities in Queenstown