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The Monitor economy Q&A: Economics professor Tim Hazledine
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Why wages are higher in Australia and what it says about New Zealand s economy
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Why the transtasman income gap is larger than it appears
26 Feb, 2021 05:00 AM
13 minutes to read
The transtasman income gap is larger than it appears. Photo / Getty Images
The transtasman income gap is larger than it appears because not only do we earn less, but also we get less value for our money. What s the answer? By Professor Tim Hazledine. I teach economics at the University of Auckland. One day in late May 2009, near the nadir of the global financial crisis (GFC), I was asked to go on the student radio station to talk. I ll bet things must be pretty frantic in your shop right now, Prof, said the interviewer, dealing with the economic crisis in New Zealand and all.