Agree Ken, it's the same in NZ. Our GDP "growth" is almost minimal, but it would be a significant reduction if not for strong migration growth, around 140,000 or equivalent in UK terms to nearly 2 million. GDP per capita has declined every quarter for two years, this is one bank commentator "Individual New Zealanders are increasingly getting a smaller slice of the pie " Individual New Zealanders know this very well as their own circumstances deteriorate so continuously But as was said, this is neoliberal policy, driving down wages, providing demand for products and services so that big companies can up their prices and not even bother to have to compete, and particularly the cartel of two companies here that control about 80% of our construction industry raw materials..