NZ immigration booms as Kiwis desert Oz

Statistics New Zealand has today released its permanent & long-term migration figures, which revealed that New Zealand net migration is at record highs as Kiwis continue to return home from Australia:

The unadjusted figures for the September 2014 year showed New Zealand’s highest-ever net gain of 45,400 migrants. Until the August 2014 year (43,500), the high was 42,500 in the May 2003 year. Over the last 20 years (December 1994–2013 years), New Zealand’s annual net inflow of migrants has averaged 11,700.

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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.