In the year to June, 80,200 New Zealanders moved abroad, almost double the numbers before the Covid-19 pandemic. Meanwhile, only 24,900 returned, according to Stats NZ – the country’s official data centre. The total loss of 55,300 residents (following a total loss of 56,500 in the year to April) broke the previous record of 44,400 in February 2012.
About half go to Australia. And this:
Economic factors are high in the explanations for why many New Zealanders move overseas.
While Australia has so far avoided recession and is enjoying a booming job market since the pandemic – in large part thanks to a booming mining industry – New Zealand’s central bank warned on Wednesday that its economy is on the verge of a third recession since early 2022. .
Here’s another from the Times of London.
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