Annual migration slows as departures increase; tourism hits record

By Tina Morrison
Sept. 21 (BusinessDesk) - New Zealand's annual net migration continues to weaken from its peak last year as more people leave our shores.
Net migration slowed to 63,288 in the year to the end of August, from 72,072 a year earlier. it was the lowest level for the period since 2015 when the country had net migration of 60,290, Stats NZ said. In the latest year, migrant arrivals fell 2.4 percent to 129,088, while departures jumped 9.6 percent to 65,800.
New Zealand has been experiencing record levels of net migration in r...
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