I’d still argue we are only poor compared to other high-wealth nations. Our GDP at PPP per capita is roughly in line with Japan and not far behind the UK.
We do much better at GDP in USD but shit’s expensive in NZ due to island tax and lack of competition hence my use of PPP.
We’re not relatively poor. Where did you get that from?
https://www.dfat.gov.au/sites/default/files/australia-is-a-top-20-country-all-topics.pdf
This is an NZ community
The article published is about Woolworths pricing in Australia.
I’m aware of that, but this is an NZ instance so when the poster above is talking about a country, they are talking about NZ.
I’d still argue we are only poor compared to other high-wealth nations. Our GDP at PPP per capita is roughly in line with Japan and not far behind the UK.
We do much better at GDP in USD but shit’s expensive in NZ due to island tax and lack of competition hence my use of PPP.