New Zealands average income, defined as GDP per capita, is now three quarters that of Australia and even lower than in … Australias poorest state, Tasmania. Over the last seven years, New Zealand has grown slightly faster than Australia, but at these … rates, it would still take 140 years to close the trans-Tasman income gap. To catch up with Australia in five to 10 years …

In comparing fiscal indicators of Japan and Australia, it is generally perceived that Japans fiscal conditions are very … serious and those of Australia are very sound. However, in Australia the rising ratio of foreign liabilities to GDP is the …