How's the wage parity going between Aus and NZ? The Drift hasn't reversed, we still have thousands more kiwis leaving to Aus than staying, it's just that our net arrivals (new migrants - Chinese, Indian, Fillipino ) are now slightly more than those leaving.
A year before getting into power he claimed he would make us like Ireland.... and we're following that tract - a hands off economy that tanked over due to an inflated housing boom.
http://en.wikipedia.org/wiki/Irish_property_bubble
The housing bubble of Auckland hasn't stopped, and exports to China are beginning to wane off and be less profitable (the same reason why Australia's economy is tanking = less Chinese demand for raw materials). The housing boom and slow Christchurch rebuild is contributing to GDP growth. GDP is such a pointless measure for basing the success of one's "economic performance" given that Crime contributes to it positively - how are the resolution rates going for property crimes and reported crimes? Response rates for 111 calls? Surely these will do even better when more Police stations are shut down.
IMF has warning us for the last couple of years about the major threats to our economy - reliance on China, over inflated housing market. What's been done?
http://www.stuff.co.nz/business/indu...housing-bubble
The only thing rock hard about our economy is the erections of a few rose tinted John Key fans who fail to comprehend what decreasing milk prices, increasing numbers of suicides and attempted suicides amongst dairy farmers, hundreds of forestry job losses nationwide, building companies and contractors collapsing in Christchurch despite the "rebuild" are indicators of.
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