Story: Overseas trade policy

Closer Economic Relations

Closer Economic Relations

Closer Economic Relations (CER) − a free-trade agreement between New Zealand and Australia – came into effect in 1983. Cartoonist Peter Bromhead portrayed the two economies as a couple of homeless men sharing a park bench, with CER as the few sheets of newspaper to keep them warm. At the time both the Australian and New Zealand economies were performing poorly.

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Alexander Turnbull Library
Reference: A-322-101
Cartoon by Peter Bromhead

Permission of the Alexander Turnbull Library, National Library of New Zealand, Te Puna Mātauranga o Aotearoa, must be obtained before any re-use of this image.

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How to cite this page:

Chris Nixon and John Yeabsley, 'Overseas trade policy - Difficult times – the 1970s and early 1980s', Te Ara - the Encyclopedia of New Zealand, http://www.TeAra.govt.nz/en/cartoon/21989/closer-economic-relations (accessed 3 August 2021)

Story by Chris Nixon and John Yeabsley, published 11 Mar 2010