AS if we needed proof that Australia is losing its mojo, our cocky little cousins across the ditch are rubbing our noses in their success.
The Kiwis are killing it.
The New Zealand dollar is set to hit parity with ours, for the first time in 30 years.
Its economy is growing 20 per cent faster. Its GDP per capita is rising while ours is falling.
Its competitiveness rankings have outstripped ours. Its unemployment rate is 5.7 per cent compared with our 6.3 per cent, and that’s with a higher participation rate.
The NZ budget is heading towards a surplus while ours spirals further into deficit.
In a world lacking impressive leadership, Prime Minister John Key and his finance minister Bill English are shining lights, running the most successful and stable conservative government in the world. . . . Miranda Devine