Australia press: “$A ‘a hair’s breadth away’ from $NZ parity”

From the Australian Financial Review today: $A ‘a hair’s breadth away’ from $NZ parity

• Australia’s currency slumped to $NZ1.0355 last week, the closest it’s come to $NZ1 since the exchange rates started floating freely in the 1980s. Against a basket of major currencies, the Aussie is up just 0.9 per cent over the past three months, while the kiwi has soared 8 per cent.

There’s more at the article, which gives a bit of a run down on the broad economic fundamentals in New Zealand and Australia.