NZ annual net migration continues to cool in September as more Kiwis eye exit

Thu, 19 Oct 2017

By Paul McBeth Oct. 20 (BusinessDesk) - New Zealand's annual net inflow of new migrants continued to cool in September as the lure of Australia starts attracting local residents across the Tasman. Annual net migration was 71,000 in September, still up from the 70,000 net inflow a year earlier, but extending the slowdown from a peak in July, Statistics New Zealand said. Of that, annual permanent and long-term arrivals rose 5 percent to 131,600 from a year earlier, while departures climbed 9 percent to 60,600. "Our forecasts have incor...

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