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ABC News
ABC News
Business
business editor Ian Verrender, Raveen Hunjan and Kirsten Robb

BIZARRE: Can we avoid a recession what we can learn from the kiwis | Mind Blowing Facts

Australian interest rate hikes appear to be following in New Zealand's footsteps. (AAP: Sam Moody)

A little over three hours' flying time from Australia's east coast could lie a window into our future.

From Auckland, at the top of New Zealand's North Island, to icy Invercargill in the south, property prices are on the slide.

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