Kiwi inferiority on NZX vs ASX is a fact, not an opinion!
Kiwi stocks decamp to ASX - not the other way round.
NZ companies like Air NZ, Fletchers, Warehouse, Tower, Telecom, Pumpkin Patch etc expand into Australia by acquisitions and get their backsides kick back into NZ, nursing multi-billion dollar losses!
Soon ATM will go the same way as Xero to ASX only listing, and NZX will still be navel gazing in puzzlement, seeking for that 'multiple options for growth' as articulated by Harmos & Weldon (2012)!