OPINION: Sport proved a convenient way to lighten the mood amid any tension points.

The Prime Minister is set to meet with his Australian counterpart on Saturday.

The Australian and New Zealand prime ministers met on Friday night in Noosa ahead of the annual leader's meeting taking place on Saturday.

The two leaders are expected to hold a joint press conference today.

At an earlier meeting, New Zealand's prime minister said the relationship with Australia should never be taken for granted.

At an earlier meeting, New Zealand's prime minister said the relationship with Australia should never be taken for granted.

The two prime ministers had glowing praise for the other, as they expressed the value of working together.

Global volatility and economic turbulence have dominated annual talks between the leaders of Australia and New Zealand, Anthony Albanese and Christopher Luxon.

OPINION: Sport proved a convenient way to lighten the mood amid any tension points.

Analysis - Luxon has chalked up his trans-Tasman trip as a success, saying it came at a 'pivotal' time.