NZ monthly net migration at 4-year high in June as Australian attraction dwindles

Thu, 18 Jul 2013

July 19 (BusinessDesk) - New Zealand’s monthly inbound migration rose to a four-year high in June as more kiwis stayed at home amid the dwindling attraction of Australia’s slowing economy. Seasonally adjusted, there were 2,300 more migrants arriving in New Zealand than leaving in June, up from 1,740 a month earlier, and the most since May 2009, according to Statistics New Zealand. Permanent long-term arrivals soared to a decade-high 8,330, while departures were at a three-year low as fewer people quit New Zealand to seek a better life in Aus...

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