Infometrics Chief Executive and Principal Economist Brad Olsen and Chief Forecaster Gareth Kiernan discuss the current trajectory for the economy and what factors will be driving these economic outcomes. Inflation remains too high, and the New Zealand economy is likely already in a recession. More resources in the labour market will start to take some pressure off worker shortages, with net migration roaring back to life. The Reserve Bank has taken stronger action than many expected to bring inflation under control, but there are rising concerns that these actions might overcook the response. Brad and Gareth also discuss the recent Australian citizenship announcement, and the recent high wealth tax reports.