NZ migration hits new record in February year

NZ migration hits new record in February year
By Tina Morrison March 20 (BusinessDesk) - New Zealand's migration hit a new record in the year through February, driven by more arrivals and fewer departures. The country had  a net gain of 55,100 migrants in the year through February, almost double the 29,000 gain in the year earlier period, Statistics New Zealand said. Migrant arrivals rose 16 percent to a record 112,600, while departures fell 15 percent to 57,500, the lowest level of departures since 56,700 in the November 2003 year, the agency said. New Zealand annual migration ha...