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Final report - Strengthening trans-Tasman economic relations

New Zealand and Australia's Productivity Commission logos

New Zealand Productivity Commission

Australian Productivity Commission

Date published

30 November 2012

The year 2013 marks the 30th anniversary of the historic Closer Economic Relations (CER) agreement between Australia and New Zealand. The close relationship goes back much further, with people moving freely across the Tasman since colonial times. Integration has increased over the past three decades, with trade, investment and people movement yielding benefits for both countries.  
The Prime Ministers requested that the two Productivity Commissions jointly conduct a ‘scoping study’ to identify further initiatives to strengthen the trans-Tasman economic relationship and improve economic outcomes. The Commissions were asked to identify initiatives where joint net benefits would be highest and how they might best be implemented, noting any potentially significant transition and adjustment costs.

Supplementary papers are available on the website:
A: Trade in goods
B: Transport services
C: Foreign direct investment
D: People movement
E: Economy-wide modelling of economic integration
F: Mutual recognition of imputation credits
G: Modelling the effects of mutual recognition of imputation credits


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