New Zealand’s Economic Growth Forecast to Outstrip Australia’s

New Zealand’s economy—which is emerging from what Treasury admits is a “protracted recession”—is set to outperform Australia’s, according to the latest Westpac forecast.

The banks’ senior economist, Satish Ranchhod, has released new research comparing the two trans-Tasman economies and says Australia will be outperformed by its neighbour in the next few years.