The data is from the OECD. Doesn’t it tell a story. Now I tell you what will change that story – Labour’s policies. More taxes, more protectionism, a less competitive export sector.
And if you look at how much each economy has grown in real per capita terms in US$ PPP, NZ economy is 7.8% larger and Australia just 2.0% bigger.
Economic growth is what allows us to produce more jobs, pay people more wages, produce the taxation that funds public services.
Labour has almost no policies on growing the economy. Their policies will increase taxes, increase debt, impose massive costs on exporters and cripple provincial employers through the imposition of national awards.