Net migration slows, may have peaked in 2016: new data

Fri, 25 Jan 2019

By Gavin Evans Jan. 25 (BusinessDesk) - New statistics suggest the strong migration that has fuelled much of the country’s recent economic growth and housing demand may have peaked a year earlier than previously thought. Annual net migration slowed to about 43,400 in the year ended November, from about 45,200 in the October year and almost 53,800 in the year ended November 2017. The latest estimate, using a new outcomes-based measure developed by Stats NZ, shows that departures increased to about 100,600 in the November year, from abou...

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