Finance Minister, Bill English has confessed that Australia's monetary growth is doing far better than New Zealand's and offered his stance that in the upcoming time, the National Government is quite firm about turning around that weakening trend.

Mr. English and Premier, John Key had been feeling the stress coming from the Parliament in regards to the commitment to shrink the widening gap that has occurred between Australia and New Zealand. Labor has already fired its rage at the Government, putting accusations that it has not been able to deliver its promise.

Mr. English informed that Australia was witnessing better growth rate, as its economic scenario did not feel the economic recessionary pressure and also due to the big demand of its minerals all over the world.

He said that Australia's experience in mineral boom would only mean that its performance would be better than New Zealand's in the near future, however, in the approaching time, Government would surely upturn the scenario that it is facing, at present.

The solitary method that New Zealand needs to follow is to put a watchful step ahead and continual reformation, with better changes to be brought in each year.

The pace of economic growth in NZ in three years to 2008 had been unstable and snail-like, whereas Australia's perked up by 11.5% in four years to the month of March this year.