of major OECD countries, including Australia, France, Germany, Japan, the Netherlands, New Zealand, Sweden, the UK and …

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 …

of the OECD. But it has lagged that of Australia. Furthermore, growth has come off the back of working more hours, not …