Annual migration inflow reaches second-highest level on record

Annual migration inflow reaches second-highest level on record
Annual migration inflows have hit record highs. (Image: NZME)
Staff reporters
Annual migration is at its second-highest level on record, but the net outflow of New Zealand citizens is running at rates nearly five times higher than those seen before the pandemic.In total, 181,100 people moved to NZ in the year to May, while 103,300 left, leading to an annual net migration figure of 77,800. On its own, the total number of migrants moving to the country was the second-highest figure of its kind on record; the largest was seen in the year to March 2020 when 184,900 migrants were recorded as having moved here.The number...

More Economy

Price shakeup for cigarette brand
Retail

Price shakeup for cigarette brand

Cigarette prices typically go up each year. Not in this case.

Employment confidence ticks up in December quarter
Economy

Employment confidence ticks up in December quarter

A further indicator of some stabilisation in the labour market. 

Rebecca Howard 15 Jan 2025
Business confidence stutters into 2025
Economy

Business confidence stutters into 2025

Nothing to stop a 50 point interest rate cut next month, says NZIER.

Pattrick Smellie 14 Jan 2025
Hospitality spending hit hardest in 2024
Retail

Hospitality spending hit hardest in 2024

Core retail spending grew at the slowest rate in five years.

Gregor Thompson 13 Jan 2025