Friday 19th September 2008 |
Text too small? |
The net permanent and long-term outflow was 33,000 in the 12 months ended August 31, Statistics New Zealand said, the highest since the year ended February 1989.
The net migration flow to New Zealand's nearest neighbour is close to its peak of the past 30 years, with some 33,700 leaving in the January 1989 year and 33,400 in calendar 1979. The exodus has become a political issue in the run-up to the election, with the National Party hinting at tax cuts to keep Kiwis at home.
Net migration in August fell to an annualised 5,300 from 9,700, a level that's likely to small to make a meaningful contribution to New Zealand's economic growth, said Shamubeel Eaqub, economist at Goldman Sachs JBWere.
Tourist arrivals fell 0.5% in the latest month and were down 1.6% on the year.
No comments yet
ANZ - 2024 Half Year Results Documents
FWL - Foley Wines Limited 2024 Harvest
IKE Closes Major Multi-Year Subscription Deals
AIA - 2024 Macquarie Australia Conference Overview of AIA
Devon Funds Morning Note - 06 May 2024
EROAD FY24 Results and Webinar Details
thl reduces FY24 NPAT guidance
May 6th Morning Report
Spark New Zealand appoints new director to the Spark Board
AFT to announce full year results on May 23 2024