Kiwi economy more competitive than Australia
If you listened closely on Wednesday morning at about 10am, when the World Economic Forum released its Global Competitiveness Index, you might have heard the sound of large quantities of air being gulped down as chests across the country filled with pride. The report showed New Zealand is ranked as the 18th most competitive economy in the world, up five places on last year, but more importantly – at least from a patriotic point of view - three places ahead of Australia, which dropped out of the top 20 for the first time ever. Read more