GDP - The Real Figures
Recently, Jordan at Just Left posted GDP figures up to 1998, showing that the 1980's and 1990's reforms were a failure at catching up on Australian incomes.
David Farrer of Kiwiblog then published figures showing that since Labour had gained office in 1999, Australia had streaked ahead.
Courtesy of the BNZ Economics Weekly Overview - here are two graphs. (You can download the Weekly Overview for free each week at the BNZ Website.) The first shows GDP Growth in US Dollars.
The second graph shows the net difference in GDP Growth between New Zealand and Australia each year.
David Farrer of Kiwiblog then published figures showing that since Labour had gained office in 1999, Australia had streaked ahead.
Courtesy of the BNZ Economics Weekly Overview - here are two graphs. (You can download the Weekly Overview for free each week at the BNZ Website.) The first shows GDP Growth in US Dollars.
The second graph shows the net difference in GDP Growth between New Zealand and Australia each year.
posted by Michael at
7:04 PM
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