I see that the news of Australian firms relocating in New Zealand has finally hopped over from Australian news (where it was during Christmas) to New Zealand news.
There are complaints that firms are moving over here because we have lower wages than in Australia, and that is causing anger and concern for people that enjoy complaining.
However, these same people are also complaining that the strong NZ dollar against a number of countries (primarily China and the US) is leading us to loss jobs by making labour less competitive – in other words, by making New Zealand labour relatively more expensive, in other words by pushing up peoples real wages.
If we think there is a market or government failure somewhere, go ahead, complain about it. But don’t simultaneously complain that wages/labour costs in New Zealand are too high and too low.
This is why I hate politics – always looking for a reason to attack each other, instead of accurately describing the trade-offs that exist and giving the electorate a real choice.