Australian EconomyNew Zealand Economy

Deteriorating economy drives exodus to NZ

Leith van Onselen
Friday, 27 February 2015
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By Leith van Onselen

Statistics New Zealand yesterday released its permanent & long-term migration figures for January 2015, which revealed that net migration to New Zealand hit the highest level on record:

ScreenHunter_6252 Feb. 26 16.47

Moreover, migration from New Zealand to Australia is at its lowest level in 22 years:

ScreenHunter_6251 Feb. 26 16.46
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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.