Migration booms as Aussie departures drop
Migration is booming, with net arrivals in New Zealand for October back to levels last seen a decade ago.
As fewer people leave for Australia and more people arrive in New Zealand from other countries, the net gain in October was 3000, a figure last seen in the middle of 2003, Statistics NZ figures show.
There was still a net loss to Australia in October, with 900 more people going there than coming back, but the net loss was well down on 3300 in December last year and the loss to Australia has become smaller for most of the past year.
Fewer New Zealanders are leaving for Australia as that country's job market cools down, while New Zealand's economy is picking up.
For the year to the end of October, there has been a net gain of 17,500 migrants, a turnaround from the net loss of 2300 in the previous October year.
The annual gain is well above the 20-year average of 11,300 more people arriving than leaving each year.
In the latest year, New Zealand's net loss to Australia dropped to 23,500 migrants, compared with 39,300 a year earlier.
Net gains were recorded from most other countries, led by the United Kingdom (5900), China (5500) and India (5200).
The Dominion Post