What’s bad for Australia is good for New Zealand?

It’s not usually a good thing when your biggest export market, biggest source of foreign direct investment, and the country that owns your entire banking oligopoly experiences a major economic slowdown. Yet New Zealand, at least in the past decade or so, watched its fortunes wane as Australia’s mining sector boomed, while the bust in Oz has gone hand-in-hand with stronger growth in Middle Earth.

Continue reading: What’s bad for Australia is good for New Zealand?

It's not usually a good thing when your biggest export market, biggest source of foreign direct investment, and the country that owns your entire banking oligopoly experiences a major economic slowdown. Yet New Zealand, at least in the past decade or so, watched its fortunes wane as Australia's mining sector boomed, while the bust in Oz has gone hand-in-hand with stronger growth in Middle Earth.

Continue reading: What’s bad for Australia is good for New Zealand?