Finance

Brain drain 2.0? Younger New Zealanders feeling the squeeze

Frances Cook
Wed, 13 Apr 2022

Brain drain 2.0? Younger New Zealanders feeling the squeeze
People are weighing up whether it's a good time to leave NZ. (Image: Getty)
Frances Cook
Wed, 13 Apr 2022
It makes for grim reading; the vast majority of those who should be in the wealth-building phase of life are feeling stuck, and unable to find opportunities to get ahead financially. Pinched between rising costs and low wages, the worry is that they turn their attention to opportunities for a better life overseas. New research out from the Financial Services Council (FSC) shows that, for those who are 18-39, 68% are very or somewhat concerned about wages staying flat. Then there’s the rising cost of, well, everything, leavi...

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