Of course, he wasn't talking to the punters out in punterland when he said this. We get a different message.
Still, it's good that he's revealed his arrogant image of us as worthless Morlocks to be exploited by international capital, or as stunted lackeys who should fawn gratefully on the bronzed beautiful bodies of those rare creatures from overseas who deign to honour us with their presence and some. But not very many of those dollars, because we're cheap.
1 - "Low wages 'advantage' for NZ - English ," unattributed NZPA story. Published by stuff.co.nz, 10th of April, 2011. (http://www.stuff.co.nz/national/politics/4869938/Low-wages-advantage-for-NZ-English)