Since 2007, the foreclosure crisis, which has claimed nearly four million homes, has played out very differently across the U.S. After the robo-signing scandal of late 2010, lenders, flush with defaulted mortgage notes, delayed their processing of foreclosures, most notably in judicial states, where filings circulate through a court system.

FORBES: The Foreclosure Crisis Isn't Over Just Yet

Flush as Oz is feeling now after 11 years of mostly market-oriented policies under John Howard, the nation will not find a host of new cost pressures so bullish for the export economy.

FORBES: Ruddy Complexion