NZ posts new annual migration record in March year

Thu, 21 Apr 2016

By Tina Morrison April 21 (BusinessDesk) - New Zealand set a new annual migration record for a 20th month in March, as more people moved across the Tasman from Australia. New Zealand had net migration of 67,600 in the 12 months through March 31, Statistics New Zealand said. Migrant arrivals rose 9 percent to 124,100 while departures slid 2 percent to 56,400. Net migration from Australia was a gain of 1,900, the highest since August 1991 and the sixth straight month of annual gains. Record migration has helped underpin economic growth,...

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