Statistics New Zealand has released its permanent & long-term migration figures for August 2016, which revealed that net permanent and long-term migration into New Zealand continues to boom, hitting a record-equalling annual net gain of 69,100 migrants:
The larger gain in migrants in the August 2016 year compared with the August 2015 year was driven primarily by more arrivals.
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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.
