2nd paragraph sounds like NZ too.
"Twenty-six years without recession have put Australia within two years of overtakingthe Netherlands’ record growth streak and government, central bank and economistforecasts all suggest it’ll take the mantle. After all, the economy has a head start with2.5% growth virtually baked in, 1.5% from population gains that are among thedeveloped world’s quickest and 1% from resource exports feeding Asia’s gianteconomies.


Yet the reliance on rapid immigration is straining infrastructure, while mining profitsfuel riches for stakeholders but do little for the vast majority of Australians living inmajor cities. Meantime, wages are barely growing, households carry some of theworld’s heaviest debt loads, and productivity gains from the economic reforms of the1980s and early 1990s have petered out. There’s been no major economic reformsince the turn of the century, with just about every attempt reversed or cannibalisedby toxic politics. And the impact is starting to show. Just when the economy needsgrowth drivers outside of mining, a slide in global rankings for innovation andeducation suggest living standards could decline. The miracle economy thatshrugged off the global recession is turning mediocre. " bloomberg