Jack Tame

Yeah.

As opposed to in Australia where they didn't have that.

And that's the sole difference.

That's why I'm born here, not there.

Okay.

So that was the incentive back then.

I mean, there are smaller countries that do well.

But when you can just dig wealth out of the ground, it does make a big difference.

And I mean, we've had this kind of productivity problem for a long time now.

So our GDP per capita, like if you look at the kind of wealth creation per capita,

per capita.

We love a per capita stat.

We've been on the way down for a while.

There was a war boom in that.

You're dead right in the 50s and 60s.

The easy one, the one where there's really obvious correlation is unemployment.

So every time unemployment goes up here, there's a lag of about a year or two and then a very similar line for the number of people going to Australia.

So at the moment, unemployment in New Zealand is 5.3, unemployment in Australia is 4.3.

And so you look at that and you're like, well, no wonder, right?

Their post-COVID years have been way better than our post-COVID years.