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Statistics New Zealand released its permanent & long-term migration figures for September 2017, which revealed that immigration into New Zealand has begun to drift back from record high levels, with 70,986 annual net permanent and long-term arrivals landing in New Zealand in the year to September, down from a peak of 72,402 recorded in the year to July:
According to Statistics New Zealand, migrant arrivals were 131,600 in the September 2017 year, versus departures of 60,600, with non-New Zealand citizens driving the influx:
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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.