Kiwis' stampede to Australia slows for first time in 2 years in May

Thu, 21 Jun 2012

By Hannah Lynch June 22 (BusinessDesk) - The net outflow of kiwis moving permanently to Australia for a better life slowed in May, with the first monthly decline since April 2010. There was a net loss of 3,200 migrants to Australia last month, down from a net outflow of 3,300 in May 2011, the first time the monthly net loss has declined since April 2010, according to Statistics New Zealand. The annual net loss eased back to 39,600 in May from 39,800 in April. Total migration for May for all countries was a loss of 1,800, down from 2,100 a y...

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