Chinese, UK and Australian immigrants drive NZ net migration to new record in May

Chinese, UK and Australian immigrants drive NZ net migration to new record in May
Sophie Boot
By Sophie Boot June 22 (BusinessDesk) - New Zealand annual net migration hit another record in May driven by foreign immigrants, with most coming from China, the UK and Australia. Annual net migration reached 72,000 in the year to May 31 versus 68,400 in the same period a year earlier, Statistics New Zealand said. Three-quarters of the 130,400 migrant arrivals were non-New Zealand citizens, with New Zealanders leaving and returning to the country almost balancing each other out in the last year. There has been a net migration gain of 73,0...