NZ net migration reaches new annual record in June, swelled by Indian, Chinese students

NZ net migration reaches new annual record in June, swelled by Indian, Chinese students
By Paul McBeth July 21 (BusinessDesk) - New Zealand annual net migration rose to a new record in June as arrivals continued to be bolstered by Chinese and Indian students, while fewer locals departed for Australia. The country added a net 58,300 migrants in the year ended June 30, ahead of the 38,300 gain a year earlier in the 11th month where the annual figure has racked up a new record, according to Statistics New Zealand. Migrant arrivals climbed 15 percent to 115,700 in the year, while departures fell 8.1 percent to 57,400. New Zea...