Comparative Analysis of Economic Performance: AUS vs. NZ, BUS700

This economics report undertakes a comparative analysis of the economic performance of Australia and New Zealand. It examines the relationship between their real GDP per capita growth rates, revealing Australia's stronger purchasing power and more stable GDP. The study explores the impact of macroeconomic variables such as real GDP (PPP), exchange rates, net export growth, and inflation rates on FDI growth in Australia over a 25-year period. Using multiple regression analysis, the report concludes that net export growth, real GDP growth, and inflation positively impact FDI, while exchange rates have a negative relationship. The report suggests that currency boards should maintain a regulated exchange rate to attract more FDI inflows.