“Alarming” NZ immigration might be even higher than reported

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By Leith van Onselen

Earlier this week, Statistics New Zealand released its population estimates for the June quarter of 2016, which recorded an unprecedented population increase of 100,400 (2.1%) in the year to June, driven by a record high 72,300 net migration:

Today, Economics forecaster and consultancy Infometrics has produced new research suggesting that the ‘real’ level of net migration into New Zealand might be understated by as much as 8,000 per year. They have also called for New Zealand’s net migration to be cut to between 10,500 and 16,600 over the next decade (h/t Interest.co.nz).

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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.