BIS Review 127/2008  1  Table 1: Economic Structure Percentage share of GDP, 2007/08  Australia New Zealand  Manufacturing  10.1  14.1  Mining  6.8  1.2  Agriculture, forestry and fishing  2.3  5.8  Total of above  19.2  21.1  Finance, property and business services  19.4  20.9  Health, education and community services*  13.4  11.9  Wholesale and retail trade**  12.3  15.4  Construction  6.8  4.6  Utilities and transport  6.8  6.5  Government administration and defence  3.8  4.6  Communication services  2.7  6.1  Other  15.5  8.8  * includes cultural, recreational and personal services ** includes accommodation, restaurants, cafes and bars Note: Data are not strictly comparable as industry value-added in Australia is measured at basic prices and in New Zealand at producers’ prices Sources: ABS; Statistics New Zealand  The two countries do a good deal of bilateral trade, helped by the Australia New Zealand Closer Economic Relations Trade Agreement (CER) of 1983, 1 and Australia is easily New Zealand’s largest trading partner.
Holding a euro banknote and knowing that it can be used in 19 countries is a reminder of the deep integration Europe has attained. Indeed, when asked about the most important elements of European identity, the single currency is the one most frequently quoted by euro area citizens after democracy and freedom.