Is it naughty of me to have a wee snigger about Australia's current financial situation?
While it's not great to see our closest neighbour hitting rock bottom, there's a certain amount of satisfaction in knowing we are now doing better than them.
Maybe it's that good old-fashioned transtasman rivalry, but I know where I'd prefer to live.
For years, we have had it rammed down our throats that Australia is a land of opportunities, the jobs pay more, the conditions are better and of course the weather is much nicer.
And it's not just the workers who benefited. If you went straight on a benefit, we've heard how you can be given financial payouts in the thousands just for having a baby.