NZ net migration rises to fresh record in Oct as more kiwis return, Indian students arrive

NZ net migration rises to fresh record in Oct as more kiwis return, Indian students arrive
By Suze Metherell Nov. 24 (BusinessDesk) - New Zealand's annual migration rose to a fresh record for the third consecutive month in October, led by an increase in student arrivals from India and fewer kiwis crossing the Tasman to Australia. The country gained a net 47,684 migrants in the year ended Oct. 31, the biggest ever gain, according to Statistics New Zealand. Annual arrivals rose 16 percent from the previous year to a new high of 107,200, while departures fell 20 percent to 59,500. The annual net loss to Australia was 5,300 people,...