Australia’s Kiwi exodus recession indicator hits new high

Advertisement

By Leith van Onselen

Statistics New Zealand has released its permanent & long-term migration figures for September 2016, which revealed that net permanent and long-term migration into New Zealand continues to boom, hitting a record high annual net gain of 70,000 migrants:

ScreenHunter_15626 Oct. 21 09.27

Migrant arrivals numbered 125,600 in the September 2016 year, setting a new annual record. The distribution of migrant arrivals by most common visa type was:

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe
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.