Anthony Albanese has laughed off suggestions there are hostilities between Australia and New Zealand, following a “cheeky” comment about the Australian budget.

Anthony Albanese has laughed off suggestions there are hostilities between Australia and New Zealand, following a “cheeky” comment about the Australian budget.

New Zealand’s prime minister has ruled out a capital gains tax in his country, saying it would be a “wrecking ball” for the Kiwi economy as he stood alongside Anthony Albanese.