NZ net migration continues slow in July as long-term visitors pack up and leave

Mon, 20 Aug 2018

By Paul McBeth Aug. 21 (BusinessDesk) - New Zealand's inbound net migration continued to slow from a peak last year as a growing number of long-term visitors leave the country, on top of more Kiwis departing for Australia. Net migration was 63,800 in the year ended July 31, down from 72,400 a year earlier, Statistics New Zealand said. A net outflow of 5,300 people in the month of July continued the declining trend, and reduces the economic impulse of an expanding population. A net outflow of Australians, Chinese, and Brits contribute...

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