Sharechat Logo

NZ exodus to Australia accelerates in February

Wednesday 21st March 2012

Text too small?

New Zealanders continued to abandon their home country for Australia, with the speed of annual departures accelerating to a record 53,000 last month.

New Zealand lost a net 39,100 people to Australia in the 12 months ended Feb. 29, 4,100 of whom left in the month of February alone, Statistics New Zealand said today. That’s the biggest-ever annual net loss to Australia, as just 13,900 people crossed the Tasman to live in New Zealand, though short of the monthly record of 5,000 in February 2001.

People have been quitting New Zealand for Australia for years as they seek higher wages and a better standard of living across the ditch, and in 2008 the National Party won office campaigning on a promise to stem the outflow.

Against all nations, New Zealand lost a seasonally adjusted net 400 migrants in February, taking the annual outflow to 4,100. New Zealand has lost more migrants than it gained in 11 of the past 12 months, since the Feb. 22 earthquake in Christchurch.

The number of short-term visitor arrivals fell 3.4 percent to 259,000 in February from the same month a year earlier, as fewer Chinese and Hong Kong residents visited due to the earlier Chinese Lunar New Year holiday. On an annual basis, short-term visitors rose 2.3 percent to 2.6 million people.

BusinessDesk.co.nz

  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

NZ dollar mixed after strong Australian employment data
Energy efficiency key to lowering cost of renewables push - EECA
Paper recycling costs rising 35% as export markets collapse
First Union leading rivals for biggest average pay claims, says bargaining firm
Fonterra to go coal-free 11 years ahead of schedule
Huawei committed to NZ even if govt doesn’t come around on spy fears
Mercury points to peaking gains as FY production drops 10%
Asset Plus sells Heinz Watties distribution centre for $29.1 mln
18th July 2019 Morning Report
COMMENT: RBNZ's key political omission in its bank capital proposals

IRG See IRG research reports