Time To Panic In Australia, page-36

No better way to know how NZ is doing in relation to Australia is the currency conversion rates... Around 08 I was getting close to $1.20 kiwi for every ozzie dollar... Now I'm lucky to get $1.03 .. only thing that's a disadvantage in NZ is the wages...But that's relative... Because other expenses are less...Like imported car cost less here in NZ, then no stamp duty or in relation to investors there's no capital gains tax... I have aan argument that the only kiwis who flew the coup to live in Australia were those who couldn't get better wagess here in NZ... Lived in Adelaide for years... (I know it's SA) but there's no way I was going to invest in housing or business because of extremely high cost of doing business... Reason I went to Adelaide was because I knew little about it been the poor cousin to the eastern coast...But There's only pockets of Australia's economy that's firing on all 8 cylinders... Aussies need to forget about living in the lucky country...You guysn girls have had the sheep's wool pulled from underneath you because of duplicated government and the labor mentality of heavy industries pulling ya weight... Sorry about the rant... But Aussie has become a second world economy reliant on foreign investment...Hence the higher price of housing...