Commenting on the New Zealand approach to coronavirus Aussie Prime Minister Morrison told Britain’s Financial Times, “This is not seen to be in our view a wise trade-off in how we manage the two crises we are facing: the economic one and, of course, the health one.”
Dead right. Let’s see how it pans out by year end. My pick; Australia in deep recession, New Zealand in a worse depression and another exodus across the Tasman beginning, as in the 1990s.
The key difference, despite Australia’s greater vulnerability with two large cities, is they have grown-ups in charge.