Kiwi exodus picks-up pace

Monday 22 June 2015

Statistics New Zealand yesterday released its permanent & long-term migration figures for May 2015, which revealed that net migration to New Zealand remained near record highs in seasonally adjusted terms:

Moreover, net annual migration from New Zealand to Australia hit its lowest level in more than 23-years (since December 1991), with May also recording the second consecutive monthly net inflow of migrants from Australia – the first time this has happened since 1991 (see next chart).

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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.