Australian Prime Minister Tony Abbott has confirmed that some young New Zealanders will be able to access Australia's student loan scheme, after meeting today with Prime Minister John Key in Sydney.
Mr Key had argued for Australia to allow young New Zealanders living there to get access to student loans.
Mr Abbott said young New Zealanders who have been in Australia for 10 years will now be eligible for the scheme.
Mr Key welcomed the news, saying it is in the best interest of both countries to provide educational opportunities for young people.
The leaders have also announced that international visitors will only need one visa to attend games in the 2015 Cricket World Cup being co-hosted by New Zealand and Australia.
John Key and Tony Abbott were expected to discuss a number of irritants in the countries' relationship, including access of New Zealand products to Australian supermarkets following revelations last week that Australia's two big supermarket chains, Coles and Woolworths, were taking Kiwi goods off the shelves.